P.T. Bauer on the role of government in economic development
16 Jun 2014 Leave a comment
in constitutional political economy, development economics, P.T. Bauer Tags: P.T. Bauer
…the preoccupation with aid, investment, and development planning has served to divert attention from more important factors in development which are influenced by government policy. This same preoccupation has also served somewhat paradoxically to bring about a serious neglect of essential tasks of government.
Governments seem anxious to plan but unable to govern. The neglect extends to such familiar and essential tasks as the maintenance of law and order, the effective management of the monetary and fiscal system, and the provision of basic transport and educational facilities.
P.T. Bauer on development aid as a precondition to development in the Third World
14 Jun 2014 Leave a comment
in development economics, growth miracles, P.T. Bauer Tags: development aid, P.T. Bauer, The Great Enrichment, The Great Fact
Foreign aid is clearly not a necessary condition of economic development. This fact is obvious from the history of the developed countries, all of which began poor and have invariably progressed without government-to-government aid.
It is clear also from the history of many underdeveloped countries — Hong Kong, Japan, Malaya — which have advanced in recent decades without foreign aid.
Utopia, you are standing in it! 
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