Has Jeffrey Sachs changed his tune...
Brad De Long
delong at econ.Berkeley.EDU
Wed Sep 16 12:31:43 PDT 1998
>Re Max's: "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."
>Quite simply, Sachs' willingness to brutalize the ex-Soviets with "shock
>therapy" -- the name alone is obscene -- reflects depravity so extreme
>that his new guise as Lady Bountiful is immediately suspect.
As Max said: It's not a new guise. It's a line that Sachs has been
advocating since the Latin American (and African) debt crises began in the
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