I am unwilling to suggest to poor countries that there is ‘another way’, as Mr Williamson suggests there may be; such advice reminds me of the IMF telling poor countries in east Asia in the 1970s and 1980s to get rid of capital controls at...
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Deng Pufang, 25, a brilliant senior physics student at Beijing University, had been taken prisoner by a savage Red Guard detachment in an effort to make him “confess” to the “treason” of his father. Pufang had been confined to a small closet (some of these closets had...