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Over-regulation of business by the Government is considered an even bigger cause of economic sclerosis.
These were wise words and I applaud the priority which the presidency is giving to the economic sclerosis that affects significant areas of this continent.
There is, of course, an umbilical link between the flummery, sycophancy and empty titles and our ongoing economic sclerosis.
Worse, the continued diversion of Iraq postpones the urgent reforms necessary to keep our own country from collapsing further toward corruption, incompetence, religious fanaticism and economic sclerosis.
Like Mr. Basu, Mr. Chatterjee can box like a champion on matters of ideology, arguing that the Soviet Union failed not because of repression and economic sclerosis but because, as he put it, "the entire world ganged up on Soviet Russia."
