From: "Devine, James" <jdevine@xxxxxxx> Subject: [PEN-L:32463] RE: Re: The Economics Biz Date: Fri, 22 Nov 2002 07:55:17 -0800
This is all true about Sachs, but don't trust Jude Wanniski, who's a fool and a knave (the "supply-sider" sort that the Wall Street Journal's editorial page loves).
> -----Original Message----- > From: Carl Remick [mailto:carlremick@xxxxxxxxxxx] > > > [Wow. Making Sachs head of this Earth Institute is pretty > much like naming > Typhoid Mary director of the World Health Organization. > E.g., consider what > Jude Wanniski had to say in 1998 about Sachs' wondrous role > in Russia's > economic transformation:]
Am well aware of Wanniski's rap sheet. Whenever his comments are cited on the LBO list, which happens with fair frequency, it sets off smoke alarms all over the place. In general I think supply-siders should be sent to the nethermost circle of the Inferno; they played a leading role in the conservative ascendancy of the last two decades that now seems destined to extend to a thousand-year reich. But credit where it's due: Wanniski does a good job summing up the case against Sachs.
Carl
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