IMF: Expensive Plagiarism

A complicit media again gives headlines to the latest insights concocted by the bureaucrats of the IMF. With the best of intentions these cannot be called original research. Any first-year economics student could put together the reports as nothing more than a diligent reading of the economic research produced by the national agencies and research institutes is required. The sad thing is that the electorates in all member states are forced to pay for generous terms of employment while the belt tightening in many countries is accelerated. We would also love to hear if any staff member ever has been fired - apart from the hapless Dominique Strauss-Kahn (who fell victim to the weakness of his flesh and the bloodhounds in the NYPD and his political enemies in France).