Re: Helping the Poor
[ QUOTE ]
Is it +EV in the long run to feed and give substantial aid to the world's poor?
[/ QUOTE ]
Assuming you mean +EV from the point of view of the poor you are trying to help, it depends on how it's done. Do you just ship in millions of tons of food and hand it out for free, wiping out local agriculture and making them forever dependent on future charity? No, not +EV. Do you ship in millions of dollars to a corrupt government so that they can buy more AK-47s to oppress their people with? No, not +EV.
Charity can certainly be +EV for those in need. But like any business, it has to be subject to market pressure to keep it lean, productive, and efficient.
|