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Keyword: globaldevelopment

Brevity: Headers | « Text »
  • Obama's Crony Capitalism (PIMCO Management Now in Bed with the White House)

    01/08/2013 7:13:30 AM PST · by SeekAndFind · 7 replies
    Reason ^ | 01/08/2013 | Ira Stoll
    On the Friday before Christmas, President Obama announced that he was appointing Mohamed A. El-Erian, the CEO of Pacific Investment Management Company, as the chairman of his Global Development Council. The announcement didn’t get much attention, but it should. It exemplifies what’s wrong with Obama’s approach to economic policy, which amounts to: insult rich people as “fat cats,” raise their taxes, and then choose a favored few of them for special access. If you’re not familiar with El-Erian, you must not be watching CNBC or attending the World Economic Forum at Davos. The son of an Egyptian ambassador to France...
  • Obama Appoints French Economist Funded by Saudi Billionaire to Shape US Global Development Policy

    01/08/2013 8:54:28 AM PST · by bayouranger · 18 replies
    Frontpagemag.com ^ | 06JAN12 | Daniel Greenfield
    Esther Duflo is one of those people who are taken seriously by the sort of people who eat up TED talks with a silver spoon. Her big number is how to help people in the Third World up from poverty, which is a surprisingly profitable branch of economics when you consider the sheer number of NGOs and billionaires interested in getting into the aid business. But there’s one particular billionaire at Duflo’s back. Abdul Latif Jameel. Esther Duflo is one of the co-founders of the Poverty Action Lab at MIT, more commonly known as J-PAL for the father of Abdul...