Unintentional humor in the New York Times

An article in the Times reviews some of the great economic news about India.

In this city that barely existed two decades ago, there are 26 shopping malls, seven golf courses and luxury shops selling Chanel and Louis Vuitton. Mercedes-Benzes and BMWs shimmer in automobile showrooms. Apartment towers are sprouting like concrete weeds, and a futuristic commercial hub called Cyber City houses many of the world’s most respected corporations.

But Jim Yardley of the Times wonders how this can possibly be. The government doesn’t work well! How can you have economic growth without lotsa of government?! OMG!

With its shiny buildings and galloping economy, Gurgaon is often portrayed as a symbol of a rising “new”: India, yet it also represents a riddle at the heart of India’s rapid growth: how can a new city become an international economic engine without basic public services? How can a huge country flirt with double-digit growth despite widespread corruption, inefficiency and governmental dysfunction?

Maybe the Times should talk to Pete Boettke or Steve Horwitz to find out how.

Cross-posted from Newmark’s Door.

Craig Newmark

Associate Professor of Economics, North Carolina State Univ.

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