Politics Matters...
Tuesday, January 11, 2011 - 15:50
in Mathematics & Economics
... as depressing as that may be to hear. Some friends recently described their December trip to India, the first time they've visited in years. India's economy is on fire, unleashing some tremendous pent-up economic demand. What was striking, my friends related, was how strongly India's economic development is geared toward the future, towards not only catching up with wealthier, more developed nations, but also towards anticipating and meeting economic challenges that loom in the future. This is in stark contrast to the US, which seems, at best, focused on defending the status quo. read more