Tuesday, May 22, 2007

Chairman Of The Currency Boards

For those interested in Zimbabwe's escalating economic crisis, Steve Hanke's prescription is here. One glaring omission is any mention of the main problem: Mugabe and his cronies.

Hanke was an early critic of the hype about Iraq's "improving economy." In the middle of this page is the link to a June 2004 CNBC interview in which he slams Defense Department spin as having "very little relationship to the facts."

Hanke was an economics professor of mine many years ago -- and a good one. I've always found him very interesting, if a bit idealistic at times.

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