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The Early Struggle for Freedom in Uganda:Wrong Prediction about Musazi

June 6, 2010

The Early Struggle for Freedom and Unity in Uganda:

I. K. Musazi and the Farmers Cooperative Movement

George W. Shepherd Jr.

John Day Company New York  ©1955

Rating: Two Stars – Good (specific interest)

This book was written 10 years before Uganda’s independence.  George Shepard incorrectly predicted that Ignatius Musazi who founded the first national political party in Uganda  would be the first prime minister of independent Uganda. This did not happen. Uganda’s post independence history which has been marred by civil war, international war, massacre and genocide would have been better if Musazi had not been pushed aside by Milton Obote who did become the first Prime Minister with the aid of the foolish Baganda Kabaka, Edward Mutesi. Read the rest of this entry »

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Dead Aid: The Goldman Sachs Solution for Africa?

June 6, 2010

Dead Aid: Why Aid makes things worse and how there is a better way for Africa.
Dambisa Moyo
Penguin Books London © 2009
Rating One Star – Disappointing

I found this much-publicized book highly disappointing. Could such a complex subject be presented in a 150 page paperback? After reading Dr Moyo’s book my conclusion was a resounding no. Good thoughts and information is hidden within this book but the logical framework is often circular and makes frequent use of formal and informal fallacies. The forward written by Niall Ferguson is a well organized summary of the book which should have been used as an outline for the much needed second draft.
The remedies offered for the failures of aid are interestingly simplistic but for the most part are not new ideas but current events. Dr Moyo is credited with having worked at Goldman Sachs for 8 years and the world bank for 2. One of her solutions is that African governments should reject support from the World Bank and IMF. The alternative means is to generate cash by issuing government bonds, African sovereign debt. Goldman Sachs her former employer through unethical but legal procedures helped misrepresent the sovereign debt of Greece so it could become part of the euro zone. Now Greece has had to take one trillion dollars in aid from the European Union and the IMF. This is ironic for several reasons. Read the rest of this entry »