December 6, 2012

Culture Key to a Nation's Success

William Ratliff, Defining Ideas

AP Photo

Last July, Republican presidential hopeful Mitt Romney invited the ridicule and wrath of the world’s politically correct during a visit to Jerusalem. Culture, he said, seriously impacts the prospects for economic and political development in Palestine and the Arab world. A senior aide to Palestinian President Mahmoud Abbas immediately branded Romney’s remarks “racist” and insisted that Palestine’s only problem with development is the Israeli occupation. But if one looks beyond the equally critical media headlines, Romney and the Harvard emeritus economist and historian David Landes, whom he cited, turn out to have an army of unexpected allies in the Arab world. Between 2002 and 2009, the United Nations Development Program published the five-volume Arab Human Development...

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TAGGED: global economy


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Doug Saunders, Globe and Mail
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As Germany Lectures, Germans Go into Debt
Claudia Bracholdt, Quartz
During the financial crisis in Europe, several countries have been moaning under an inflicted “German” austerity. How then to explain that more Germans are going into debt? The number of German citizens with debt overload... more ››
December 5, 2012
How Ireland Got Its Groove Back
Stephen Kinsella, Foreign Affairs
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December 6, 2012
A Big Idea to Juice Europe, U.S. Economies
David Ignatius, Wash Post
Europeans seem relieved that Barack Obama won re-election. (One German official wrote in an informal paper that his victory was "the best thing that could have happened to the U.S.") But Europeans remain worried that the Obama... more ››