Word: developingã
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Dates: during 2006-2006
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When it comes to the war on drugs, Morales is just a realist: he defends the right of Bolivians to make a decent living, something already quite hard in the so-called “developing?? latitudes. Poor peasants with few acres of land grow coca because of basic Smithian economics: the market equilibrium price is far higher than other crops like coffee or soy. Washington’s “Apocalypse Now”-like burning of fields might work in areas with violent seditious guerrillas like Colombia’s FARC, but in Bolivia, aerial...