China does the right thing

According to the NYTimes, Chinese officials have initiated a series of infrastructure and job retraining programs that is exactly in line with what a development economist would advocate at the moment. And it’s precisely what we could be doing…if anyone was looking forward more than three years.

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There is no escaping the problem of ends and the problem of ends, if I may be permitted a pun, belongs at the beginning.

Lewis Mumford, The Story of Utopias, 1922, p. 168

“Many creative writers keep journals; the sociologist’s need for systematic reflection demands it.” -C. Wright Mills