This article won the 2nd prize in the Fraser Institute’s 2020 Student Essay Contest. Power tends to corrupt: absolute power corrupts absolutely.[1] This was the observation of Lord Acton, a British historian, who noted that the attainment of more power leads to a degradation of morals. In many countries, corruption…

International development is a key element of political and economic liberalism that has its roots in this post-World War II era. In its aftermath, nation-building took on a larger focus of American foreign policy. …