Great Op-Ed piece over at the New York times.
Thomas Friedman, inspired by a conference he recently attended, waxes about ways of getting out of the current economic crisis. He paints an interesting picture of Russia as a one-trick pony, economically speaking – in essence, oil is Russia’s only business and when oil prices are low, they’re in trouble.
He ends with this great quote:
Lately, there has been way too much talk about minting dollars and too little about minting our next Thomas Edison, Bob Noyce, Steve Jobs, Bill Gates, Vint Cerf, Jerry Yang, Marc Andreessen, Sergey Brin, Bill Joy and Larry Page. Adding to that list is the only stimulus that matters. Otherwise, we’re just Russia with a printing press.
Humans are inherently creative-they want to create and express themselves in some way. One of the best countries (if not the best) for people to express their creativity and make a living from it is the United States of America.
Seems to me that with the right environment, an environment empowering people instead of rewarding colossal failure, recovery would be on the way.
What do you think about these perspectives?
