Neoliberal economists disagreed sharply on whether foreign aid does harm

Evidence

Yet Lal notes approvingly of aid programs that come in the form of technical assistance, of the sort occasionally provided by the World Bank, for example, and his overall assessment of the dangers of foreign aid are far more measured than Bauer’s vehement denunciations: “My conclusion, therefore, is that both the Left and the Right have trained their big guns on a target which at worst does little harm and at best can do, and has done, some good in the Third World” (1985, 57). — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1775

Categorization

• XREF: connects to: Even early MPS figures split over whether to reject foreign aid entirely — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 1327; MPS members disagreed among themselves over whether foreign investment hurts recipients — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 1328