June 12, 2007

12ERNOMICS ISN'T WORKING (via Luciferous):

Economists attack Iran policies (Frances Harrison, /12/07, BBC News)

Fifty-seven Iranian economists have launched a scathing attack on President Mahmoud Ahmadinejad.

They have accused his government of ignoring the basics of economics.

The university professors say mismanagement is inflicting a huge cost on the economy, the brunt of which will be borne by people with modest means. [...]

Inflation is said to be at unprecedented levels and that is visible in the shops where many housewives can no longer afford meat or fruit.

Mr Ahmadinejad's frequent trips to the provinces are criticised too - for promoting questionable projects not based on scientific, social or economic principles.

And the economists add that Iran's worsening international relations are imposing a huge cost on its economy which the next generation will pay for.

They say the new officials in government need to understand that economics has rules.

There's a reason Ayatollah Khamenei has sought to elect reformers to the presidency, even if he's still afraid to turn them loose.

Posted by Orrin Judd at June 12, 2007 10:22 PM

Khamenei is trying to be Deng Xiao Ping. Getting economic growth without giving up political power.

Posted by: Brandon at June 13, 2007 8:05 AM

And whereas Deng had absolute power the Ayatollah has to effect such reform within a democratic Republic where power is dispersed.

Posted by: oj at June 13, 2007 9:52 AM

No reformer has ever even been nominated. Khatami was window dressing and Rafanjani is a retread. Moin might have been more driven to change than anyone, but there will be no 'reform' in Iran until the gangsters are dead.

Posted by: jim hamlen at June 13, 2007 5:56 PM

Not as reformist as you demand is not not reformist.

Posted by: oj at June 13, 2007 6:42 PM

Such a tortuous path of denial.

I suppose if the next President doesn't visit Caracas that might be considered reform, but I doubt if he will cut off ties with Islamic Jihad or Hamas. Economic reform is what the people want, but the gangs are too heavily invested in misadventure beyond their border. All the money that passes through the mosques and shrines isn't going to be set aside to build more refineries - they've had 20+ years for that, and it hasn't happened.

Posted by: jim hamlen at June 14, 2007 1:56 AM

Yes, which is why it's Khamenei himself forcing privatization.

Posted by: oj at June 14, 2007 6:09 AM

Of the gangs?

Posted by: ratbert at June 14, 2007 7:39 AM