Random things, all read today…

October 21, 2007

Random quotes read today, a very rainy day in Caracas:
Unique Article
it be declared starting today a state of exception in all of the
territory of the Republic, assuming this Junta the quality of Commander
in Chief which will operate the emergency.”
Signed Augusto Pinochet, September 18th. 1973. The rest the deaths, the tortures and the disappearances is, as they say, history.
the terrible history of famines in the world, no substantial famine has
ever occurred in any independent an democratic country with a
relatively free press. We cannot find exceptions to this rule, no
matter where we look”
Amartya San, Nobel Prize in Economics.
data points to three important characteristics influencing growth: (1)
the extent of competition domestically, and, especially for developing
nations, the extent of country’s openness to trade and its integration
with the rest of the world; (2) the quality of a country’s institutions
that make an economy work, and (3) the success of its policy makers in
implementing measures necessary for macroeconomic stability.”
Alan Greenspan in “The Age of Turbulence”
was particularly distressed by evidence that despite the indisputably
bad economic outcomes of populist policies undertaken by almost all
Latin American governments at one time or another since the end of
World War II, these results had not seemed to dampen the impulse to
resort to economic populism.”
Alan Greenspan in “The Age of Turbulence”
—“We are drowning in the Devil’s Excrement”
Juan Pablo Perez Alfonso, 1975

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