Bill Black — Hoy, a Newspaper in Ecuador, Wants Us to Know How Much It Despises the People of Ecuador

Classic dismissal of the rabble as unfit for rule by one of the Latin American elite. The elite there are just more up front about their beliefs than the elite in the developed countries, who reserve such rants for behind closed doors. Candidate Romney was caught out doing this for example, and his attack on the 47% of "takers" was fatal.

Interestingly, too, Bill is put down as being from a backwater school.

New Economic Perspectives

Hoy, a Newspaper in Ecuador, Wants Us to Know How Much It Despises the People of Ecuador

William K. Black | Associate Professor of Economics and Law, UMKC