All progress is through faith and hope in something. The measure of a poet is in the largeness of thought which he can apply to any subject, however trifling. -Lafcadio Hearn-
Tuesday, November 24, 2009
Notes and clips from World on Fire by Yale Prof. Chua
access to capital is so important to the economic success in a modernized global economy (42)
Democratization in countries whose markets are dominated by minorities at the expense of the majorities causes violent ethnic backlashes in developing worlds. (124-125)
No Asian Tiger (Japan, South Korea, Hong Kong, Taiwan, Singapore, China) has ever had a market dominate minority (178)
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