Apr
26
2010

The IMF to the Rescue?

A Washington Post article (4/23/10) about the International Monetary Fund focused on the advice it is offering for the United States. The piece notes that this is somewhat unusual. Even stranger, though, is the Post's description of IMF officials as folks who "have a long history of stabilizing economies and solving global financial problems." This might come as news to those who've been on the receiving end of the IMF's advice. As economist Dean Baker put it at his Beat the Press blog (which has a new home at cepr.net–bookmark it!): Back in the '90s, the IMF came to be […]