Peter Thomas Bauer Quotes

10 Sourced Quotes

Economic achievement depends primarily on people's aptitudes and attitudes (e.g., interest in material success) and their social institutions and political arrangements (e.g., in encouraging people to take long views).

Peter Thomas Bauer
Poverty is said to be indicated by comparison of per capita incomes, coupled with references to hunger, famine, and starvation and the alleged "ever-widening gap between the haves and the have-nots." These arguments are even less substantial than earlier ones for aid as an instrument for development.

Peter Thomas Bauer
But aid is clearly not necessary for progress, nor is it sufficient. A society which cannot develop without external gifts is altogether unlikely to so with them.

Peter Thomas Bauer
It is often asserted that without foreign aid there would be widespread starvation in the Third World. People in these countries are supposed to be living at subsistence levels and under persistent threat of starvation, while at the same time alarm is expressed at the growth of their populations—a paradox which is seldom noticed.

Peter Thomas Bauer
An economy consists of people whose performance determines its material achievement.

Peter Thomas Bauer
Foreign aid is a system of taking money from poor people in rich countries and giving it to rich people in poor countries.

Peter Thomas Bauer
Of foreign aid:
With every mouth God sends a pair of hands.

Peter Thomas Bauer
Foreign aid is patently not necessary to emerge from poverty. Many poor countries and regions have progressed rapidly before foreign aid was ever heard of.

Peter Thomas Bauer
Alms to a beggar or charity to an invalid differs materially from scholarships to promising young people or loans for their training or for setting up in business.

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