Monday, September 13, 2010

The German Way

"For decades, American economic sages, such as Larry Summers, Tom Friedman, and Alan Greenspan, have implied that manufacturing stuff was more or less obsolete—that the building blocks of the economy of the future would be cheap labor and expensive finance," writes Steve Sailer in his review of a "Thomas Geoghegan’s entertaining new book about the triumph of the German economy" which "explains why the Germans have kept their files to the grindstone and how it's paid off for them" — "Were You Born on the Wrong Continent?"

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Omnes Sancti et Sanctæ Coreæ, orate pro nobis.