[...] prices double every day and more than 2,000 people have died in a cholera epidemic.Longtime readers of this blog know how the mess that is Zimbabwe breaks my heart. For new readers, I spent 4.5 months in Cape Town, South Africa in 2007 where I met many Zimbabweans and participated in a couple protests/informational meetings with respect to the country.
What is truly disheartening is how Zim went from breadbasket to basket case under the leadership of Mugabe. It isn't that they are incapable (i.e. don't have the resources) of being more prosperous, but rather that the institutional framework perpetuates poverty. Imagine dealing with doubling prices every day. Most of us have not experienced doubling prices in our entire lives. And the last time I saw a cholera epidemic was while playing Oregon Trail.
Josh Hall at DOL has another interesting Zim quote.