Monday, June 11, 2007

World Bank to Poor: Don't Use Your Natural Resources

As if more proof were needed that the World Bank is not an economic development organization, but a global bureaucracy in the service of all manner of secular, statist religions, they are dedicating $250 million to keep poor countries from cutting down trees. Now, the merits of preventing deforestation in the name of the environment are up for debate, but I am pretty darned sure that there is almost zero evidence that limiting the use of natural resources alleviates poverty. Just more solid economics from the crew at World Bank!

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