Ken:
> > was not particularly impressed by Stiglitz. He stands out only
> >compared to the complete dolts at the IMF who are not only stupid but
> >obviously arrogant and blind to reality, completely brain-washed by
> >text-book economics and immune and unable to appreciate even the most
> >evident errors in their programs.
Joanna:
> The IMF is channelling money to the right people and
> protecting the right
> people. The fact that its stated "development" aims are not
> working out
> does not show that they are morons; it just shows that we are
> morons for
> giving any credence to these stated aims.
>
Also, are the folks at the IMF stupid -- or just immune from the costs of their programs? They get benefits, but suffer no costs (until they started losing legitimacy), so IMF programs could be seen as "rational."
Jim Devine [EMAIL PROTECTED] & http://bellarmine.lmu.edu/~jdevine
