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Tuesday, January 8

NY Times Lima Street Vendors Caught Between Police and Poverty: "Her lament is common among millions of Latin Americans struggling to survive in packed cities beset by sour economies, poor government planning and the politics of personality and handouts. The economic benefits that leaders hoped to achieve by privatizing state enterprises, wooing investors, modernizing government and embracing open markets have eluded the poor, whose only marketplace has been the teeming bazaars and impassable side streets of the cities." How depressing. I can remember writing stories like this one 25 years ago. Some things never change -- even the quotes from Hernando de Soto. Thanks to Jamie Foster for pointing me to this story.

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