When I heard the news that President Obama chose Dartmouth College president Jim Yong Kim to head up the World Bank I thought it was kind of odd. Kim’s background is in academia and health, not economics or finance. I was sidetracked by other things, then I saw a post at Power Line that explained things. It seems Obama’s choice was based on Kim’s ideology, not his qualifications for the job.
His views on global economic development (the mission of the World Bank) are so wide of the mark they are scary. He appears to believe that the rest of the world is poor because we are rich.
Is that too harsh? Check out the collection Dying for Growth (seriously, that’s the name) — as the lead editor, his one foray into the economics of development. And check out who wrote the first blurb on the cover:
Viewing the contemporary world from the perspective of health outcomes, this penetrating and often harrowing inquiry provides a wealth of valuable insights and analyses, woven together with in-depth studies that are poignant, vivid, and highly informative. It is a challenge to complacency, a thoughtful and compelling call to action —Noam Chomsky
Why is this not surprising?
Update: Linked at First Street Journal – thanks!