A Quote by Henry Hazlitt

There is a profound contrast between the effects of foreign aid and of voluntary private investment: foreign aid goes from government to government. It is therefore almost inevitably statist and socialistic.

Henry Hazlitt

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Aid Almost Between Contrast Effects Foreign Foreign Aid Goes Government Inevitably Investment Private Profound Therefore Voluntary

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Henry Hazlitt
American - Philosopher
November 28, 1894 - July 9, 1993

Government-to-government aid rests on socialistic assumptions and promotes socialism and stagnation, whereas private foreign investment rest on capitalist assumptions and promotes private enterprise and maximum economic growth.

Henry Hazlitt

Government-to-government foreign aid promotes statism, centralized planning, socialism, dependence, pauperization, inefficiency, and waste. It prolongs the poverty it is designed to cure. Voluntary private investment in private enterprise, on the other hand, promotes capitalism, production, independence, and self-reliance.

Henry Hazlitt

Foreign aid must be viewed as an investment, not an expense...but when foreign aid is carefully guided and targeted at a specific issue, it can and must be effective.

Kay Granger

Foreign trade is not a replacement for foreign aid, of course, but foreign aid to a country that doesn't also engage in significant amounts of foreign trade is more likely to end up in the pockets of dictators and cronies.

Brian Behlendorf

I would replace most foreign aid with a tax credit for businesses to invest. I think U.S. bureaucrats giving foreign bureaucrats money is a guaranteed failure. And we've had about 50 years' experience at failing with foreign aid.

Newt Gingrich

Aid makes itself superfluous if it is working well. Good aid takes care to provide functioning structures and good training that enables the recipient country to later get by without foreign aid. Otherwise, it is bad aid.

Paul Kagame

Some people have been talking about - every place I go, they bring up the issue of foreign aid. I go, 'You can't get rid of all foreign aid.'

Dan Webster

There are cases where government-to-government aid actually has worked. Look at the eradication of smallpox and the near eradication of polio. But these are really top down solutions that require government-to-government support and aid.

Jacqueline Novogratz

I came to Congress on the promise of cutting wasteful government spending. There are plenty of examples of the government playing loose with taxpayer money, but none more so than how we spend our foreign aid dollars.

Ted Yoho

An alliance or coalition between Government and religion cannot be too carefully guarded against......Every new and successful example therefore of a PERFECT SEPARATION between ecclesiastical and civil matters is of importance........religion and government will exist in greater purity, without (rather) than with the aid of government.

James Madison

To increase aid to the Pakistan government when religious freedom is not upheld is tantamount to an anti-Christian foreign policy.

Keith O'Brien

Foreign aid must be viewed as an investment, not an expense.

Kay Granger

If we stuck to the Constitution as written, we would have: no federal meddling in our schools; no Federal Reserve; no U.S. membership in the UN; no gun control; and no foreign aid. We would have no welfare for big corporations, or the "poor"; no American troops in 100 foreign countries; no NAFTA, GAT, or "fast-track"; no arrogant federal judges usurping states rights; no attacks on private property; no income tax. We could get rid of most of the agencies, and most of the budget. The government would be small, frugal, and limited.

Ron Paul

Uganda's budget is 40 percent aid-dependent. Ghana's budget is 50 percent aid-dependent. Even if you cancel the debt, you don't eliminate that aid dependency. This is what I mean by getting to the fundamental root causes of the problem. Government, the state sectors in many African countries need to be slashed so that, you know, you put a greater deal of reliance on the private sector. The private sector is the engine of growth. Africa's economy needs to grow but they're not growing.

George W. Bush

...Sound foreign policy is more than arms control, foreign aid and paying (United Nations) dues.

John McCain

Congress has shortchanged not only foreign aid but foreign policy. A mistaken notion that diplomats are unimportant and hence undeserving of support grips conservative legislators, especially.

Anthony Lewis

A Quote by Henry Hazlitt

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