[FoRK] What Americans Do...

James Tauber jtauber at jtauber.com
Wed Jan 5 10:18:09 PST 2005


Yes. A large part of me is thrilled, but it is a pretty big opportunity
cost.


James

On 6/1/05 1:48 AM, "damien morton" <fork at bitfurnace.com> wrote:

> I read today that Australia has pledged a US$760mil mix of grants and
> loans (apparently 50-50 of each).
> 
> http://news.newkerala.com/world-news/?action=fullnews&id=55646
> http://abcnews.go.com/International/wireStory?id=385809
> http://www.cbc.ca/story/world/national/2005/01/05/australia-aid050105.html
> http://www.abc.net.au/ra/news/stories/s1277188.htm
> 
> 
>> It just occurs to me that one advantage of private giving over government
>> aid, beside efficiency, is that the opportunity cost is less likely to
>> affect the poor.
>> 
>> The money I've given so far will slow down my plans to build a house, but
>> the money the Australian government has given so far is, I'm guessing, going
>> to have to come out of government programmes for people more in need than
>> the local building industry.
>> 
>> Just a thought.
>> 
>> James




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