Summers dictates

Bradford DeLong jbdelong at uclink.berkeley.edu
Fri Jun 7 16:29:59 PDT 2002



>On Tue, 4 Jun 2002, Bradford DeLong wrote:
>
>Brad, you wrote up a very strong 19-point bill of defense. The only point
>I don't understand is the first one, which may just be due to a typo, but
>seems like it might be important. The market bolshevik guys say:
>
>> 1. Summers's 1997 call on the Russian government to revamp the tax
>> system, combat crime, and combat corruption "reflect[ed] a lack of
>> understanding of the direct links between corruption, crime, and mass
>> tax evasion, on the one hand, and the path of economic transformation
>> chosen in 1991 by the Yeltsin regime with Western approval on the
>> other."
>
>You answer:
>
>> (1) seems to be a complaint that Larry Summers believes that
>> corruption was the setting and not the product of Russia's reforms in
>> the 1990s. Since the one thing that my colleague the "gradualist"
>> down the hall Gerard Roland and my ex-roommate the "big banger"
>> Andrei Shleifer agree on is that in Russia corruption was the setting
> > not the product of reform, I cannot accept this.

Ah. Mindo. I meant that I can't accept the complaint--corruption, kept under control by the KGB and company before 1989, has exploded everywhere in the FSU, reform or no reform...

Brad DeLong



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