Heart of Cheapness
In one of the oddest enterprises in the history of development economics, Bono — the lead singer for the rock band U2 — has been touring Africa with Paul O'Neill, secretary of the treasury. For a while, the latent tensions between the two men were masked by Bono's courtesy; but on Monday he lost his cool.

The pair were visiting a village in Uganda, where a new well yielding clean water has radically improved the villagers' health. Mr. O'Neill's conclusion from this, as from the other development projects he saw, was that big improvements in people's lives don't require much money — and therefore that no big increase in foreign aid is required. By the way, the United States currently spends 0.11 percent of G.D.P. on foreign aid; Canada and major European countries are about three times as generous. The Bush administration's proposed "Millennium Fund" will increase our aid share, but only to 0.13 percent.

Bono was furious, declaring that the projects demonstrated just the opposite, that the well was "an example of why we need big money for development. And it is absolutely not an example of why we don't. And if the secretary can't see that, we're going to have to get him a pair of glasses and a new set of ears."
http://www.nytimes.com/2002/05/31/opinion/31KRUG.html