“The only long-term, high-confidence strategy for the world not to be overwhelmed by terrorism is for economic development to go so well that terrorists have no place to incubate or hide...Perhaps the easy step is for the United States to give recognition to poor countries that make the needed changes by themselves. Thus part of the U.S. strategy for global economic development should be "inclusion", rather than the "preemption" and "intervention" of the fight against terrorism.”
“...the road, rail, and port systems are so bad that poor countries cannot develop the scale of operations necessary to achieve high productivity.”
“Even the highest compensation is a tiny fraction of the value created by many business and technical innovations. The problem with executive compensation in the United States is not with this idea. The problem is that in many cases the high compensation levels persist even when innovations do not occur and reactions to the innovations of others are slow.”
“President Obama dropped the term 'war on terror', and rightly so. Terrorism is not an enemy but a type of warfare that may or may not be adopted by an enemy. Imagine if, after Pearl Harbor, an attack that relied on aircraft carriers, President Roosevelt had declared a global war on naval aviation. By focusing on terrorism instead of al Qaeda or radical Islam, Bush elevated a specific kind of assault to a position that shaped American global strategy, which left the United States strategically off-balance.Obama may have clarified the nomenclature, but he left in place a significant portion of the imbalance, which is an obsession with the threat of terrorist attacks. As we consider presidential options in the coming decade, it appears imperative that we clear up just how much of a threat terrorism actually presents and what that threat means for U.S. policy.”
“...education is not the way out of the poverty trap. A high education level is no guarantee of high productivity. The truth of the matter is that regardless of institutional education level, workers around the world can be adequately trained on the job for high productivity.”
“Most terrorists are people deeply concerned by what they see as social, political, or religious injustice and hypocrisy, and the immediate grounds for their terrorism is often retaliation for an action of the United States.”
“Managers tend to pick a strategy that is the least likely to fail, rather then to pick a strategy that is most efficient," Said Palmer. " The pain of looking bad is worse than the gain of making the best move.”