| Search by tag or site | Login to my blog ? Start my own blog |
![]() |
Poor and StupidHow big government, big business, big media and big academia block your road to financial freedom- and tell you it's for your own good. |
Nah, They Just Like Long Vacations
Posted on 02/12/2007 09:02:00 | Link | Post Comment
Nobel laureate Edmund Phelps opines on what's wrong with the European economies:
In my earlier work, I had organized my thinking around some intellectual currents -- solidarism, consensualism, anti-commercialism and conformism -- that emerged as a reaction on the Continent to the Enlightenment and to capitalism in the 19th century. It would be understandable if such a climate had a dispiriting effect on potential entrepreneurs. But to be candid, I had not imagined that Continental Man might be less entrepreneurial. It did not occur to me that he had less need for mental challenge, problem-solving, initiative and responsibility.It may be that the Continentals finding, over the 19th and early 20th century, that there was little opportunity or reward to exercise freedom and responsibility, learned not to care much about those values. Similarly, it may be that Americans, having assimilated large doses of freedom and initiative for generations, take those things for granted. That appears to be what Tocqueville thought: "The greater involvement of Americans in governing themselves, their relatively broad education and their wider equality of opportunity all encourage the emergence of the 'man of action' with the 'skill' to 'grasp the chance of the moment.'"
- Recession? Hell No, We're In A Depression
- Accountability? Not For The Inheritor
- Those Hard-working Ceo's
- Cracked!
- It's My Day To Get Quoted!
- Nov 2007
- Oct 2007
- Sep 2007
- Aug 2007
- Jul 2007
- Jun 2007
- May 2007
- Apr 2007
- Mar 2007
- Feb 2007
- Jan 2007
- Dec 2006
- Nov 2006
- Oct 2006
- Sep 2006
- Aug 2006
- Jul 2006
- Jun 2006
![]()
- Jon Aquino's Mental Garden
- Random Roger's Big Picture
- The Boston Real Estate Blog
- The Technical Trader
- Biiwii.com Notes
- UrbanDigs
Examples
Editorial Spotlight - Fri Aug 15, 2008 10:33AM
They say the most dangerous enemy is the one you don’ [read more]
They say the most dangerous enemy is the one you don’ [read more]
Editorial Spotlight - Tue Aug 19, 2008 05:27PM
College, they say, provides the best return of any inves [read more]
College, they say, provides the best return of any inves [read more]
Morpheus Trading - Tue Aug 19, 2008 02:19AM
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them if [read more]












1 Comments:
megu xovwntpdz feyitmd hdirsafug qkcwz qeodlwf tpokuc
<< My Home | TheMoneyBlogs Home