Has Jeffrey Sachs changed his tune...

Max Sawicky sawicky at epinet.org
Tue Sep 15 14:50:22 PDT 1998



> Re Max's: "All this psychological speculation [about Jeffrey Sachs] is
> quite beside
> the point, if the least bit of his record is known."
>
> I dunno -- going from being the prime architect of economic "shock
> therapy" to an advocate of debt forgiveness is a switch that, to me,
> defies rational explanation. Why not engage in a little armchair
> psychoanalysis? The nation's very own Analysand in Chief is certainly
> getting the full treatment right now because of his equally perplexing
> behavior.

The debt position came first, was what I meant. So he was only being consistent in that vein.

Nor is there any giant inconsistency in supporting debt relief for Third World countries and advocating, however wrongly, industrial-strength free market medicine for the ex-socialist countries. The settings and problems are completely different.

MBS



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