There’s an interesting discussion going on at The Acorn which got started following an article by Vir Sanghvi in the Hindustan Times. The Acorn says:
Just as it is wrong to blame the United States for Pakistan’s failure, it is wrong to credit Nehru with India’s relative success. Assessing Nehru’s role in India’s development requires the space of several books. But one would think it reasonable to credit several hundred million ordinary people of India for doing little things right that contributed to their country being where it is. It …

A Simple Question
A friend of mine in California asked me one of those questions which seem simple on the surface yet is anything but. One of the “top women in storage” as a leading business publication had rated her, she had gone home to Ireland for the Christmas holidays. In an email detailing how everyone was and what happened in Ireland, she concluded by asking, “So, Mr Economist, tell me why is the US so cheap?” The context of her question included the price-levels of various places she is familiar …