Ed Driscoll

Dreaming Of Mercy Street

Jonah Goldberg writes that “our wealth is really all in our heads. Literally”:

In the United States, for example, less than a fifth of our wealth exists as material stuff like minerals, crops, and factories. In Switzerland, cuckoo clocks, ski chalets, cheese, Rolex watches, timber and every other tangible asset amount to a mere 16 percent of that country