Economists Without Borders TV
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If we were lucky enough to be born in a wealthy country we have absorbed a way of living that promotes wealth generation with the means at hand. It's easy to take it for granted. At the same time we have a sense of our relative position with the rest of the world. We do much to help others with foreign aid and other ways to promote health and welfare. The frustrating thing is the limited success of these efforts. We can flood an economy with money and there isn't the culture to use it in a sustained way.
Statistically it can be shown that in periods when substantial aid is delivered it actually inhibits the growth of GDP in those countries. We will be following attempts to address this situation and bring them to you in these pages.