“ It may not feel that way right now, but the last 10 years may go down in world history as a big success… Putting aside the United States, which ranks third, the four most populous countries are China, India, Indonesia and Brazil, accounting for more than 40 percent of the world’s people. And all four have made great strides…. To put it bluntly, if the United States takes one step back and the rest of the world takes two steps forward… [m]ost of us gain from the wealth and creativity of other countries, even if we can’t always feel like the top dog. ”
— Tyler Cowen, NYTimes Economic View blog

posted : Sunday, January 3rd, 2010

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