Re: Economist stupidity and ingrown "development"
"The IMF has apologised over the last couple of years..."
The IMF and World Bank have, what are considered, complete and utter failures in regards to Argentina and most of South America, plus Africa, to the point that countries are refusing IMF assistance, and NOW they apologize...for the SAME policy stupidity that Naomi Klein called them out for in The Shock Doctrine all the way back in 2007??
"Give a business person a college degree, remove their brain for a lifetime" may be the new truism for economists and MBA's in the new millennium.