It’s Past Time to Dump the OECD: New at Reason

OECD 50th Anniversary ConferenceTaxpayers are spending millions of dollars every year funding an army of bureaucrats who advocate higher taxes and bigger government around the globe.

Last year, the United States sent $77 million to the Organization for Economic Cooperation and Development, the largest single contribution and fully 21 percent of the Paris-based bureaucracy’s $370 million annual budget. Add to that several million dollars in additional expenses for special projects and the U.S. mission to the OECD.

In theory, the OECD is a place “where the governments of 34 democracies with market economies work with each other, as well as with more than 70 non-member economies to promote economic growth, prosperity, and sustainable development.” The OECD will occasionally publish papers on its website laying out the theoretical benefits of economic growth and smaller-government policies.

In practice, despite the OECD’s heavy reliance on American taxpayer funds, the organization persistently works against U.S. interests, arguing for international tax cartels, the end of privacy, redistribution schemes and other big-government fantasies, writes Veronique de Rugy.

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