Run on the Bank

[Brad De Long]

>  > . . . People who work at the IMF have
>>  chosen their jobs in order to DO GOOD. George Soros has chosen his
>>  day job to MAKE MONEY...   Brad DeLong
>>
>
>People at the IMF, in my limited experience, tend to be motivated above all
>by the desire to FEEL IMPORTANT.  Do-gooders head for development agencies.
>And I'll second Max's view that another common desire is to do economics,
>but to do so at a salary rather more congenial than you can hope for in
>academica or domestic civil service.  Tax free, too . . . . . the IMF has
>some v. smart people, but I think that drawing a principled distinction
>between the typical moral qualities of people like them and people like,
>say, me is akin to settling a point of precedence between a louse and a
>flea.
>
>dd
>

Touche...