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Submitted by william mcgreevey on

Long-time friend and colleague, Jeff Hammer, seeks to get us back on track in development economics. Way to go. Some time back, Robert Frank of Cornell reported on now technical economics distracts students from key issues. In his NYTimes columns he emphasized the same point as Jeff: Look at opportunity cost associated with any investment choice. Calculate, or at least estimate, the benefits and costs associated with, and derived from a given investment. Focus principal attention there and we can help those Chief Ministers make sound decisions. The year 1984 was my last to visit Pakistan, three decades ago. Let's hope the next three decades boosts Pakistan's and the Punjab's economies by more than the last three. Thanks, Jeff.