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Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Thursday, May 26, 2011

Pajamas Media » The Business of Poverty: Obscene Salaries Dominate at Int’l Development Banks

I used to work at one of these multilateral development banks. I think that they do more damage than good, on balance. They are just ways for the wealthy to allay their own guilt of being successful when others around the world are suffering but are neither designed nor equipped to do the good that they should be doing. Also, these institutions allow the wealthy's children to have interesting experiences as young people in far away places. See here.

Pajamas Media » The Business of Poverty: Obscene Salaries Dominate at Int’l Development Banks

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