bartb's posterous

How Rich Countries Die

Depressing, but interesting.

"One thing an individual can do is choose where to live and in which industry to work.  The logical conclusion from reading this book is to prefer a new state to an old state, a newly stable state to a long-stable state, and a new industry to an old one.  The worst thing that a young person could do, for example, would be to move to Michigan to work for G.M.’s automobile division.  The second best thing would be to move to Alaska or an up-and-coming foreign country and work to extract some new kind of energy.  The very smartest choice would be to move to Washington, D.C. and work as a lobbyist for a decaying industry that is bleeding the U.S. economy and taxpayer…"