Asad Umar’s poor economics – a friend’s blog
Here is one post from Shahid Mehmood’s blog: http://shershahsuree.blogspot.com I was recently forwarded Asad Umar’s two part article on the subject of privatization (which appeared in the NEWS) of public sector enterprises (PSE’s). It is a continuation of the debate that has been generated in lieu of the government’s decision to privatize a specific percentage of these bleeders. Aside from a few positive suggestions over the methodology and how the intended sale should be carried out, the article was a reflection of the author’s poor understanding of factors that affect the economy and its working, especially in the context of Pakistan.