Browsing All Posts published on »March, 2010«

Immigration reform, an alternative to foreign aid? small steps toward a balanced budget

March 30, 2010 by


Immigration reform, an alternative to foreign aid? – Part 3 By Orphe P. Divounguy From my previous articles, it is easy to understand why the migration of high skilled workers would clearly improve the standard of living of many abroad. Remittances as a result of skilled workers migration are simply more effective in eradicating poverty […]

immigration reform, an alternative to foreign aid? contd.

March 25, 2010 by


Foreign aid has been one of the most debated policies in development and in the fight to eradicate extreme poverty.  Despite the widely publicized failures of 50 years of official aid to Sub-Saharan Africa, most industrialized nations policymakers backed by a small minority of economists continue to advocate these official international aid flows to developing […]

Immigration reform, an alternative to official aid?

March 22, 2010 by


President Obama promises to double Official aid to developing countries: Official aid has failed! Let’s look for policy alternatives… I am currently investigating the effects of remittances on capital formation and fertility in the country of origin.  As my research began, I came across a very interesting study that deserves a closer look, and maybe […]

Jobs Bill Passes in Senate… Job creation or political theater?

March 17, 2010 by


A few days ago, I sent a letter to the editor of the Washington Post (which was probably ignored) regarding the appointment of Democrat Sander M Levin (D-Mich) as the new chairman of the House Ways and Means Committee.  In the letter I praised Democratic Senator Levin for making job creation his top priority. In […]

How do we fight crime and more importantly terrorism?

March 17, 2010 by


It occurred to me that instead of spending billions of dollars in taxpayers money in Iraq and Afghanistan, we should engage in a war against the underlying forces that make joining a terrorist cause an optimal individual/household decision.  Some argue that there is a correlation between poverty and terrorism but evidence shows that most terrorists are […]

Is obama making the poor poorer? Official foreign aid… it hasn’t worked so why do our politicians insist on failed policies?

March 8, 2010 by


Official Aid is bad for 2 reasons: 1) it creates the wrong incentives 2) it is creating a new era of colonialism … Have rich countries really let go of their colonial hold on Africa?  Foreign Aid promotes economic slavery! President Obama wants to double US spending on Official foreign aid… What are the effects […]

Obama’s debt and the future of the american people continued…

March 1, 2010 by


What are the implications of running such a high debt?             If we subscribe to the Ricardian equivalence,  assuming that individuals have perfect foresight, we have perfect capital markets and there are intergenerational transfers from one generation to the next, financing deficits through higher taxes later will not alter consumption. This theory built around the […]