Foreign Policy Explained, Ep. 10: Does Humanitarian Aid Work?
What is it about well intentioned, well-funded, state led, humanitarian aid programs that makes them fail so miserably?
The truth is, humanitarian aid intended to alleviate suffering often fails, and in many cases causes additional harm to those who are already suffering. In the first 8 months after Hurricane Katrina, billions of dollars were wasted, some of which on a housing program that built empty and unused trailers. Why does this happen? And how can we really help? Professor Chris Coyne of George Mason University explains in this video.
Learn more about the true cost of foreign aid at: hayekandchill.com/foreign-policy