Remember her? Pretty? Sure. Smart? Well....
The lady in the picture is Yulia Tymoshenko, who a week ago was kicked out of her seat as prime minister of Ukraine.
Reason for her ouster: It turns out that Ms Tymoshenko is a big fan of big government. And while in office, she messed up Ukarine' economy through government policies that undermined property rights.
The result: For the past eight months, "economic growth has plummeted from an annual 12 per cent last year to 2.8 per cent so far this year, driven by a fall in investments." This is from FT, read on.
Hat tip to my former teacher Tyler Cowen up at Marginal Revolution for the pointer.
1 comment:
No Anything is Enough.
Her chair is too attractive.
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