Saturday, January 3, 2009

Let Them Eat Pollution." The published part of the memo is quoted

On December 12, 1991, Lawrence Summers, chief economist of the World Bank, sent a memorandum to some of his colleagues presenting views on the environment that are doubtless widespread among orthodox economists, reflecting as they do the logic of capital accumulation, but which are seldom offered up for public scrutiny, and then almost never by an economist of Summers' rank. This memo was later leaked to the British publication, The Economist, which published part of it on February 8, 1992, under the title "in full below:

OBAMA'S PICK FOR A CABINET JOB!!! SHHEEESSH!!

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