It is common for governments of wester industrialised nations (the ‘North; in the title) to allocate healthy portions of their budgets as aid for under-developed countries (the ‘South’). Dr Minogue returns to fundamentals to argue perceptively and persuasively that this is an inefficient method of assistance that may even be more detrimental than beneficial to the recipients.
Friday’s heated exchange in the White House was surely a regrettable moment in American diplomatic...