Americas Foreign Aid Policy Essay -- Foreign Policy Politics Politica

Its Time for Americas Foreign Aid Policy to come out Thomas Malthus PrescriptionsDuring the late 1700s, Adam smith and Thomas Malthus each entered their predictions on the future of the worlds economies into the history books. In his writings in An Inquiry into the Nature and Causes of the Wealth of Nations, Smith theorized that national economies could be ceaselessly improved by means of the division of labor, efficient payoff of goods, and internationalistic trade. In An Essay on the Principle of Population, Thomas Malthus predicted that the sustainable production of food in relation to population was vital to the mere foundation of national economies in secern to ensure an able labor force. Smith believed that the success or failure of a nation to progress toward instruction was dependent upon the quantity of labor and money invested in the production of make goods. Malthus calculated that labor and funds would better serve a soil if invested in agricultural enterprises aimed at feeding its own people. Their vast differences in viewpoints concerning development make it interesting to examine each author in the context of the United States reactions to the plight of the Third knowledge base. It seems that since the end of worldly concern contend II, U.S. foreign aid policy has been largely based on the principles secure forth by Adam Smith in The Wealth of Nations. However, piece of music Adam Smith has seemingly been the U.S. foreign aid advisor of the past, it may be time for U.S. policymakers to turn their attention to the prescriptions of Thomas Malthus in order to resolve the worsening plight of the worlds poorest.This paper allow for first examine the implications and consequences of Adam Smiths influence on U.S. foreign aid policy si... ...s Census Bureau.United States Trade exploitation Association. 1999. Promoting U.S. Technology in Mining and Minerals. January, 1999. Arlington, Virginia The United States Trade Development Associat ion. http//www.tda.gov/ arena/sectoral/mining.html.Vockrodt, Christopher M. Debt Crisis and the Third World A Look Into the Growing Inequality mingled with The North and The South. http//www.ucsub.colorado.edu/vockrodt/debt.html. Wattenberg, Ben. 1997. The Population Explosion is Over. The New York Times. (November 23, 1997), Section 6, page 60.World Bank. 1985. Developing Industrial Technology Lessons for Policy and Practice. Report Number 14983. Washington, D.C The World Bank. http//www.worldbank.org/html/oed/14983.htmtechnology problem. World Commission on Environment and Development. 1987. Our habitual Future. Oxford Oxford University Press.