Havel is right that the region will sober up after its political hangover. But, as with real hangovers, it won t be pretty to watch.

And I remembered that the old and drunken guy came one day to the lab wanting to make some easy cash and this was the guy.

In some ways, the Fed resembles a drunk driver who, suddenly realizing that he is heading off the road starts careening from side to side. The response to the lack of liquidity is ever more liquidity.

But the result is that the MDGs may divert attention from the mechanisms that produce underdevelopment rather like the drunken man searching for his keys under the lone streetlamp because the light is better there.