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2007-05-04

Weaponomics...

A World Bank working paper finds that AK-47 prices are around $500 lower in Africa than elsewhere - around $150 compared to $650. Stumbling and Mumbling suggests that western governments should buy Africa's AK-47s. This would transfer wealth to the continent and reduce the means of conflict.
What is wrong with this policy?
Warlord buys AK-47 for cheap, sells to Western Agency, pockets a handsome profit, buys another AK-47, or even two this time. Warlord becomes rich. The position of a warlord looks more attractive, there are more people trying to become warlords. More civil wars. This is one more case of a simple policy gone wrong. There is always a well-known solution to every human problem--neat, plausible, and wrong. H. L. Mencken, Prejudices: Second Series, 1920US editor (1880 - 1956).

2Comment(s):

akin aworansaid...

A horrible vicious cycle of violence. Did you ever saw 'Lord of War'?

SOLOMONSYDELLEsaid...

It is such a shame that they are lower in Africa. We have so many of them there. I recentky wrote about the fact that Nigeria now produces the Kalaashnikov. It is called the OBJ 006. Interesting name huh? Anyway, I hope that the west does not turn to Africa for guns. Like we need anymore problems.....



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