Cato’s Ian Vasquez on Foreign Aid on C-SPAN’s Washington Journal (3/13/11)

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Ian Vasquez is the Director of Cato’s Center for Global Liberty and Prosperity. He appeared on Washington Journal on March 13, 2011 and said that we should question the effectiveness of much of our government’s foreign aid spending (about $50 billion a year). He also noted that it would be wise to make a distinction between humanitarian emergency aid and long-term development aid; the latter usually doesn’t do a very good job of relieving poverty and sometimes ends up in the hands of dictators.

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