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"If something sounds too good to be true, then it probably is!" This bit of motherly wisdom--used to avoid being defrauded by the unscrupulous--has many, many applications, not the least of which is to stop conniving, or completely uninformed, politicians from creating stupid policies or from committing stupid acts.
Keeping that thought in mind, we pay a brief visit to the book Confessions of an Economic Hit Man, by John Perkins. In the book, Perkins recounts a decade-long career in which he traveled to undeveloped countries and estimated how much economic growth would occur if modern electric power plants and transmission lines were built there--with foreign-aid ...