“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.
Nikkei plunges as Asian markets brace for further tariff fallout; Trump
says ‘sometimes you have to take medicine’ – business live
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Japan’s stock index plummets almost 9% on Trump tariff concerns after
almost $5tn was wiped off the value of global stock markets last week
Hong Kong sto...
1 hour ago