Nigeria: Shock full of nuts

This article takes economist Jeffrey Sachs to task for an op-ed article in the New York Times in which he argued that despite continuing demonstrations against the government’s surprise decision on New Year’s Day to halt state subsidies of oil for millions of Nigerians, things aren’t as bad as they seem. 'Sachs had no idea what he was talking about, his knee-jerk response to the crisis celebrated policies of austerity and economic shock, and the Grey Lady gave none of it a second thought. Neoliberalism, it would seem, is alive and well.'