“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.
Oil prices rise, stock futures inch higher as U.S. and Iran trade more
airstrikes
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Oil prices rose Sunday while U.S. stock-index futures advanced, after the
U.S. and Iran continued to trade fire in the Persian Gulf, renewing fears
that th...
1 hour ago


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