"There are men, in all ages, who mean to exercise power usefully; but who mean to exercise it. They mean to govern well; but they mean to govern. They promise to be kind masters; but they mean to be masters."
Daniel Webster
Thursday, November 25, 2010
Is China's Competitive Edge Eroding?
Megan McArdle says the country's low-wage export-oriented model is unsustainable.
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