Washington Post on A16

[michael at ecst.csuchico.edu]

Brad, do you include Jeff Sachs?
> 
> >Yeah, and there's the Metzer report.
> >
> >>
> >>>>>  "Chris Doss" <itschris13 at hotmail.com> 04/19/00 03:48PM >>>
> >>
> >>
> >>To be frank, I was expecting the Post to visit the rhetorical wrath of God
> >>upon the protesters.  Instead, coverage has been universally sympathetic or
> >>even supportive.  What is going on?  Has the world gone mad?
> >>
> >>
> >>_______________
> >>
> >>CB: There was something else recently that tended to be evidence 
> >>that perhaps a sector of the bourgeoisie or two agrees with 
> >>scrapping the IMF and the World Bank. Soros is in the ruling class, 
> >>i'n't he ? Are they dizzy like foxes ?
> >>
> >>CB
> >>
> 
> Meltzer Report.
> 
> There are a bunch of people who think that problems with the world 
> economy arise because it is not laissez-faire enough--that the World 
> Bank and IMF are bad because they are institutions of collective 
> self-government that interfere with the free operation of the market 
> by creating moral hazard, pushing prices away from market equilibrium 
> values, and so on.
> 
> That bunch of people are stronger than you are. And you are aiding 
> them. It's like watching people congratulate themselves on kicking 
> the ball past their own goalie...
> 
> 
> 
> Brad DeLong
> 

-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu