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October 31, 2007
ROBERT SAMUELSON LOOKS AT CULTURE AND POVERTY. The notion that some cultures are more likely to produce prosperity is troublingly non-multi-culti, but it is nonetheless correct. Prosperity doesn't happen on its own. It requires certain basic features that not all societies have, or even want.
This is based on Gregory Clark's new book, A Farewell to Alms, which I've mentioned here before.