Paul wrote:
I have not followed Sachs closely in most recent times but I think he would
strongly object to being called a 'man of the left'. I have heard him
point out that his macroeconomic views are thoroughly mainstream (akin to
his Harvard ex-colleagues) and that indeed starting in Bolivia and Poland
he argues that liberalization and market reforms had to proceed *faster*
and more comprehensively than the IMF or the WB had thought possible (hence
the appellation 'shock therapy').
I have refrained from saying anything about Jeffrey Sachs or (Joseph
Stiglitz) being more to the left than other economists, especially in
their role as window dressing at Columbia University--my employer. But
one of these days, probably after I retire, I'll have plenty to say
about the shock therapy that can go on at a place like Columbia
University under the noses of these people.
--
Marxism list: www.marxmail.org
