A very interesting look at the growth of emerging economies.
It starts with a race to the bottom in the T-Shirt Phase. The skill and capital expenditures of that growth period can then be used as fuel for a race to the top as higher skill manufacturing jobs take hold.
Its very possible that Bangladesh will the be the next in a very long line of countries to move upward as a result.
NYTimes: Economic Recovery, Made in Bangladesh?
Worth remembering. Intuition is useful, but rarely the right factor for decision making when you are not an expert in the field.
The staff at NobodyisFlyingthePlane is prone to thinking of Big Ag and especially Monsanto as evil. As Bittman points out a better way to put it is that they are immoral and ill suited to care for the nutritional needs of their customers.
NYTimes: Bad Enough
A look at how other countries handle retirement, social security, 401k’s, and pensions.
NYTimes: How They Do It Elsewhere
We can’t have it both ways. We need to sort out our immigration policies before we let non citizens have the rights that essentially define what it means to be a citizen.
Regardless of your views on immigration its important to note that the current wave of immigrants is just like all of the groups who have come before.This article points out how Hispanic immigrants fit most of the patterns of past immigrant groups to the US.
The noteable exception is that the vast majority of this wave doesn’t start out with legal status as the Italian, Irish, German, Eastern European, Jews, Chinese and other groups have.