Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
... the benefit of knowledge about how to improve that assembly will mostly accumulate in China.

"Knowledge" is not some free floating putty that just takes an "educated entrepreneur" to turn it into magic value added ... it is normally embedded in equipment and skilled workforce.

Richard Florida actually says that in addition to teaching reading, writing and maths, American schools should also teach entrepreneurship. As if the normal American school was presently teaching reading, writing, or maths.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Mon Aug 16th, 2010 at 03:31:49 PM EST
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