Because his actions were so outrageous, perhaps it is impossible to satirize the former president of Zimbabwe, Robert Mugabe, but perhaps I can describe him.
As a shout-out to all my neighbors in the Asia Pacific, let us not forget the Sun Tzu tradition to “know the enemy.”
For an analysis of the Zimbabwe hyperinflation, see Jayson Coomer and Thomas Gstraunthaler’s article in the Quarterly Journal of Austrian Economics.
Below, I draw similarities between Mugabe’s policies and Western central banks and discuss the effects of both on an economy’s productive capacity.
Perhaps for the staunchest communist, Mugabe was the final stage, the dictatorship of the proletariat, before the onset of utopia. Nonsense! Either utopia takes more than twenty years to dawn or the
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