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Quer ganhar uma grana?

COLLEGE STUDENTS & PROFESSORS: WIN $$$ WRITING ABOUT FOREIGN AID

The deadline for the 2007 Olive W. Garvey Competition is only three months away. No essays submissions will be accepted after May 1, 2007.

Here’s the topic for this year’s essay submissions:

“Is foreign aid the solution to global poverty?”

A 2005 United Nations report called for a doubling of foreign aid to poor countries as the means to reduce poverty. Yet the 2006 Nobel Peace Prize was awarded to a for-profit microloan bank and its founder, an apparent vindication of the ideas of Peter T. Bauer, Henry Hazlitt, Deepak Lal, and others. As Bauer wrote, “Development aid, far from being necessary to rescue poor societies from a vicious circle of poverty, is far more likely to keep them in that state.ŠEmergence from poverty requires effort, firmly established property rights, and productive investment.”

Student Division:
First Prize: $2,500
Second Prize: $1,500
Third prize: $1,000

Junior Faculty Division:
First Prize: $10,000
Second Prize: $5,000
Third Prize: $1,500

For rules, guidelines and other information, see
http://www.independent.org/students/garvey/

Claudio

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