more from the NYT

Max B. Sawicky sawicky at bellatlantic.net
Thu Nov 11 13:13:11 PST 1999



> Speaking of which, yesterday NPR had Jeffrey Sachs on to discuss
> possible replacements for Camdessus. Sachs was billed as a
> "long time IMF critic". So a year and a half is a "long time"?
> We're are talking about the architect of the Russian Miracle,
> no?

No. Yes.

Actually Sachs' record re: the IMF goes back well before his Russian gig.

As I've pointed out before, debt relief and a prescription of economic liberalism (classical) for the soon-to-be ex-socialist countries are not inconsistent, though neither implies the other.

mbs



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