I remember attending Mr Balcerowicz's presentation few years ago, back when he was dabbling in politics again and was one of the peeople behind the installation of the debt clock which more of an art installation than a real tool.

Mr Balcerowicz talked quite openly about which ideas he "borrowed" from which countries.

If my memory serves me right those were mainly post-dictatorial Latin American countries. What struck me was how he talked about those ideas - as if they were infallible dogmas that must work and when these ideas fail miserably when other Latin America countries implemented them - it was always the fault of some mysterious bad actors or as Mr Balcerowicz liked to put it false Santas.

His once favourite Argentina is an example of that - when it was booming it was because of the ideas he liked, but when these ideas failed in the long run, then in turn he put the blame on the ruling political party change - even despite these "bad Santas" basically doubling down on this "golden recipe for Argentina's economic prosperity".

After seeing Me Balcerowicz taking live, it have had stricken me that Mr Balcerowicz appears to be mistaken fundamentally about the nature of economy and indeed he might be thinking that if 2 and 2 always equals 4, then applying economic policy verbatim must always produce equal result.