Stiglitz of the Dump
At last. Proof that I'm not a total waste of space.
For too long I've beaten myself up about being so behind my peers in everything, a low earner, a student at 31. Well, go read this. Proof that even a 'Nobel Laureate' and former chief economist at the World Bank can be so off the track he's almost running backwards.
Anyway, who is this Stiglitz guy? I looked him up - he has a 54-page CV, no less - and doctorates from about a hundred places. He won a Nobel and was once a chief figure in the World Bank.
How is it possible for him to write such crap about China? It's quite mindblowing. It's one thing never having been there (even if he has, he clearly hasn't been outside his hotel room or a swanky conference in Beijing) - it's another thing overlooking so many details on the PRC.
Breathtaking. It's a good reason never to trust the World Bank.
Comments
Phil,
I will agree that Stiglitz often speaks contrary to the prevailing trends, but he HAS been to China and was no minor voice during the WTO talks here in Hong Kong last year, running several editorials in the SCMP and doing his best to argue against American agriculture industries. :)
Here is a link from when I listened to him speak at the University of Hong Kong:
http://onhongkongisle.com/2005/12/joseph_stiglitz_the_wto_and_th.html
Cheers,
Steve.
Posted by: Steve | April 17, 2006 1:00 PM