This entry was quoted in global voices where Chikezie left a comment that once again fingered the ‘common man’ for the failings of democracy in Nigeria. I will devote a paragraph or two to this comment, because 1. this response is the default response from many Nigerians and 2. It is a variant of the other (it is the leaders fault) default response from the remainder of the population who passed on response 1. Continue reading →
Posts Tagged: Economy
8
Oct 08
Time To Dig Up A Little Creative Capitalism?
Earlier this summer, Bill Gates wrote a Time magazine piece about creative capitalism. Nowadays that seem like ages ago. These days we seem to be patching up our version of the free market. According to Bill creative capitalism may be the answer to the question: How can we most effectively spread the benefits of capitalism and the huge improvements in quality of life and provide for people who have been left out? Continue reading →
20
Sep 08
Re: Brain Gain
Adding the current level of job loss on Wall Street, about 100,000, to my previous post about brain circulation, result “Oil Rich Nigeria Enjoys Brain Gain” – IHT. Okay, I may be giving my idea a bit more humph than it deserves, but leaving the United States to work in Nigeria is no longer as novel as it was in the past. Speaking with a Nigerian investment banker who is also a 19 years Wall Street Vet reinforced this. His words, ” I regret not taking action on all the opportunities in Nigeria that have come my way in the past 3 years. Unfortunately you do not wait for a crisis to develop an emergency plan, I made a mistake”. Continue reading →
