Wednesday, September 29, 2004


Asks Tyler Cowen (quoting Jagdish Bhagwati):
Once, Mrs Joan Robinson, my radical teacher at Cambridge University, and Professor Gus Ranis of Yale University, a 'neo-liberal' economist, were observed agreeing with each other that Korea had been a great success. The paradox was resolved when it turned out that Mrs Robinson was talking about North Korea and Professor Ranis about South Korea!
I wonder when this conversation took place. I presume some time before 1994.

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