O’Neill’s Cheap Shot

A new approach to public policy seems to be in vogue in Washington: when confronted by a problem with two possible causes, choose the proposed policy solution that promises to cost the least. We saw this principle in action when the Bush administration withdrew from the Kyoto treaty on global warming. Now it is being applied to international finance, with the US Treasury’s management of Argentina’s crisis a case in point.
http://prosyn.org/hflQCBj;

Cookies and Privacy

We use cookies to improve your experience on our website. To find out more, read our updated cookie policy and privacy policy.