ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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The IMF Loan A Loyalist View

fumine-stricken areas to elsewhere. Market demands are not reflections of biological needs or psychological desires, but choices based on exchange entitlement relations. If one doesn't have much to exchange, one can't demand very much, and may thus lose out in competition with others whose needs may be a good deal less acute, but whose entitlements are stronger" (p 161). Each of these statements is true, but, let it be tremulously suggested, banally true, and it is, in the opinion of the present reviewer, a stupendous waste of Amartya Sen's time and talent that conclusions, so trivial in nature, have to be tagged at the end of an unnecessarily elongated text.

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