“Culture makes all the difference,” Romney said at a fundraiser in Israel, comparing the country’s economic vitality to Palestinian poverty. Certainly there is a pedigree for this idea. Romney cited David Landes, an economics historian. He could have cited Max Weber, the great German scholar who first made this claim 100 years ago in his book “The Protestant Ethic and the Spirit of Capitalism,” which argued that Protestant values were the most important fuel for economic progress.
Under China’s Threat, Taiwan Needs Its Own Power Sources More Than Ever
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Taiwan, which makes most of the world’s advanced computer chips, relies
almost entirely on imported energy.
1 hour ago
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