"I oppose all foreign aid on principle, for reasons I detail in a later chapter. Foreign aid is not only immoral, since it involves the forced transfer of wealth, but it is also counterproductive, as a ceaseless stream of scholarship continues to show. Foreign aid has been a disaster in Africa, delaying sound economic reforms and encouraging wastefulness and statism. We should not wish it on our worst enemy, much less a friend. Moveover, since the aid has to be spent on products made by American corporations, it is really just a form of corporate welfare, which I can never support.
Only those with a very superficial attachment to Israel can really be happy that she continues to rely on over $2 billion in American aid every year. In the absence of such grants, Israel would at least be under pressure to adopt a freer economy, thereby bringing about greater prosperity for her people and making it easier for her to be self-reliant. Foreign aid only inhibits salutary reforms like this, reforms that any true friend of Israel is eager to see. As a matter of fact, the Institute for Advanced Strategic and Political Studies in Jerusalem argues that "foreign aid is the greatest obstacle to economic freedom in Israel." " -Pages 34 & 35 of The Revolution, A Manifesto
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