Top 4 Quotes & Sayings by Peter Thomas Bauer

Explore popular quotes and sayings by a British economist Peter Thomas Bauer.

Last updated on November 21, 2024.

Peter Thomas Bauer, Baron Bauer, FBA was a Hungarian-born British development economist. Bauer is best remembered for his opposition to the then widely-held notion that the most effective manner to help developing countries advance is through state led development planning supported by foreign aid.

British - Economist | November 6, 1915 - May 2, 2002

Source: Wikipedia

Aid is the process by which the poor in rich countries subsidize the rich in poor countries.

Peter Thomas Bauer

For every new mouth to feed, there are two hands to produce.

Peter Thomas Bauer

Far from the West having caused the poverty in the Third World, contact with the West has been the principal agent of material progress there.

Peter Thomas Bauer

The suspicion and antagonism of academics, clerics and intellectuals towards the market... go hand in hand with their disdain for the preference and habits of ordinary people.

Peter Thomas Bauer

Top 4 Quotes & Sayings by Peter Thomas Bauer

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