Beginning to Get Angry…

… at the field of economics altogether. Why? Here’s a little taste of what was written in an internal memo about “Dirty Industries”. The memo was dated December 12, 1991, and penned by the head economist of the World Bank at that time, Lawrence H. Summers. Just between you and me, shouldn’t the World Bank be encouraging MORE migration of the dirty industries to the LDCs [Less Developed Countries]?… I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to that… I’ve always though that under-populated …

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