Amid general praise for Pres. Obama’s nomination of Jim Yong Kim as head of the World Bank,...

|By:, SA News Editor

Amid general praise for Pres. Obama’s nomination of Jim Yong Kim as head of the World Bank, Harvard's Lant Pritchett - who worked at the Bank for 17 years - blasts the nomination as “a terrible idea.” Kim's "charity work" is impressive, Pritchett says, but he has no experience in banking or international development. Obama was worried about his political left flank and "did the craven thing."