What Aid Can’t Do

Leeson and Skarbeck respond to Gustav Ranis' main objections to their article previously published in the Cato Journal. Leeson and Sobel have two replies to Ranis’s remarks.  Leeson and Sobel have two replies to Ranis’s remarks. First, they can say unequivocally that neither of them favors a grants-for-projects approach to foreign aid. Second, they question the ability of a modified MCC to address the plight of poor people in developing countries.