African elites are victims of their own delusions about
distorted history of developed countries
On Dec.01, I attended the Joseph Mubiru Memorial Lecture
hosted by Bank of Uganda and featuring Prof. Ha Joon Chang of the University of
Cambridge. A brilliant economist lecturer, Ha is one of the smartest unorthodox
thinkers. I owe him an intellectual debt because his work has influenced my
thinking. Three of his books – `Kicking Away The Ladder, Bad Samaritans and 23
Things They Don’t Teach You About Capitalism’ – are must reads. Ha empasised
the importance of industrialisation for any country seeking to become rich.