Africa, The Continent Of Economic Misperceptions

Africa seems to be the only continent today that is regularly referred to as a country.  It bristles me every time I hear it said.  It’s reminiscent of Ronald Reagan’s chatter with the press aboard Air Force One in late 1982 on his way back to the US from a Presidential visit to Latin America: “I learned a lot down there…You’d be surprised, because, you know, they’re all individual countries.”  As a relatively freshly minted PhD in international business economics at the time, I...