>BTW does/did Sachs endorse the Gaidar strategy of
>freeing prices before breaking up the monopolies 9n
>1992? That was pretty fucking stupid. If the ensuing
>hyperinflation had not wiped out people's savings,
>amiddle class might have started forming in Russia in
>the early 1990s instead of the early 2000s.
People have claimed he privately welcomed the inflation and the destruction of savings, as part of the ground-clearing; he denies this furiously.
Doug