The Chastening: Inside the Crisis That Rocked the GlobalFinancial System and Humbled the IMF By Paul Blustein. Public Affairs, 431 pages, $30.00 There’s nothing like a nice vacation to take yourmind off looming globalfinancial meltdown. Just ask former U.S. Treasury Secretary Robert Rubin, whosneaked away for a fishing trip to the British Virgin Islands as […]
Carlos Lozada
Carlos Lozada is a former senior editor at Foreign Policy magazine.
Poverty Solved: No Muss, No Fuss
The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else, Hernando de Soto. Basic Books, 276 pages, $27.50. Solving third-world poverty is the alchemy of economics. For decades international-development specialists have searched for the magical combination of programs and policies that would transform poor countries into rich, advanced economies. But all […]

