The Enlightened Economy

From : The Wall Street Journal


Photo : http://online.wsj.com/





The Industrial Enlightenment put knowledge in the service of production, changing the course of history.

In the coming days and weeks, the Hamptons, the Vineyard and all the other August escapes from workaday life will likely see a bull market in pessimism as financiers and powerbrokers reach into their summer book bags to relive the recession or look ahead to even greater disaster. "Lofty geo- globaloney tomes on the future of the world" is how the economist Nouriel Roubini has described his summer reading list. Alan Greenspan has said that he will delve into "Lords of Finance: The Bankers Who Broke the World," which sounds more like a penance than poolside pleasure.








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