Cuba and Brazil.

[ShoeshineBoy]

Quote from southamerica:

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February 28, 2008

SouthAmerica: I said: “Over the years I realized that the generals in Brazil did a good job regarding economic development during the dictatorship years, and I also realized that the private sector usually don’t make the investments necessary for a country to prosper in the long run.”

In the case of Brazil we had a very good reason why that happened, and today most people don’t know that. But the military academy of Agulhas Negras used to have one of the best economic departments of any institutions of higher learning in Brazil – in a sense many of these military fellows who ended up running things in Brazil – they had a very good grasp of economic theory including the fundamentals of economic development theory.

The Academy of Agulhas Negras in Brazil was equivalent to West Point Academy for the United States.

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Interesting! Have the geneerals and military academy graduates done well in politcs since then?

 

[SouthAmerica]

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ShoeshineBoy: Interesting! Have the geneerals and military academy graduates done well in politcs since then?


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February 28, 2008

SouthAmerica: The generals and the military turned over the power to the people in Brazil in 1985, but maybe Brazil would be in better shape today if they had stayed in power all these years.


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