The mobile phone is an anti-poverty device

by Robert Colvile Imagine that you don’t have a bank account. Imagine how hard it would be to get through your life without being able to pay for goods with a tap or swipe of a card. Without your rent payments or Netflix subscription coming out of your account all by themselves, or your salary …

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Oxfam is Wrong About How to Alleviate Poverty

by Tim Worstall As it’s Davos time, Oxfam has issued its traditional demand for a handout.  Their wealth report this year informs us that a mere eight people have more wealth than the bottom 50 per cent of the world’s population. This is entirely true of course. But Oxfam’s solution is that we should take it from the …

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Local Entrepreneurs Are the True Hope of Africa

by Paul Miniato There are a billion people in the world trying to get by on a dollar a day. This grinding poverty persists despite huge amounts spent on private and government foreign aid since World War II. Some say what’s needed is more aid, which might help with specific problems, such as malaria, tuberculosis, and malnutrition. However, …

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Indigenous African Free-Market Liberalism

by George B. N. Ayittey Africa remains an enigmatic paradox: a continent rich in mineral resources yet so desperately poor. But the paradox is only superficial: Africa is poor because she is not free. Only 10 of the 54 African countries can be labeled economic success stories: Angola, Benin, Botswana, Ghana, Madagascar, Malawi, Mali, Mauritius, …

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Cell Phones Saved Africa from State Phone Monopolies

by Marian L. Tupy A colleague of mine recently alerted me to the following quote from Charles Moore’s Margaret Thatcher: At Her Zenith. As Thatcher’s official biographer, Moore remembered, In 1981, the present author bought his first house. It had no telephone and he wished to install one, but was told by [British Telecom] that …

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