Dear Friends and fellow members of AEEN,
DEVELOPMENT begins when people meet with open minds and discuss the advantages and disadvantages of each cource of action open to them. Knowing very well the opportunity cost of each they chose democractically the best option opent to them. But still they keep on talking economics. Because economics is a living language. And mind you, each part of the world has its own dialect. Take care not to introduce or talk a dialect which no one understands -in this part of the world called Africa. So let us Keep On Talking Economics......
Brother Sam
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INQUIRY INTO INTELLIGENCE, ADAM SMITH AND CULTURE
I have three questions for discussion today-of course-relevant to our Keep on Talking Economics [Please avoid aberration and just keep on streamlining ideas and thoughts in such a way that we all address issues leading to better African economics, management and governance.] I will like very much to see you starting to respond first before I put down my thoughts! [Again make it as funny as possible, and please spare no one!]
Question 1: Following on what Dr. Watson said can African poverty and backwardness be explained at least partly by Africans being less intelligent when it comes to economics and management?
Question 2:
What are the main points in Adam Smith's treatise on Inquiry into the Wealth of Nations? Can they be relevant to current African economic situation?
Question 3:
What will happen if say all Tanzanians, Zambians, Malawians, Rwandans and Burundians exchange their places with Japanese. That is to say the Japanese leave everything intact in Japan and accept to come and live in this part of Africa as it is. What will life be like in this part of Africa on one hand and Japan on the other, after six months, a year, five years?
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