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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.91+0.4%4:00 PM EST
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To: Seeker of Truth who wrote (2851)12/26/2005 5:45:40 AM
From: elmatador  Read Replies (1) of 217677
 
We cannot credit, say, the Max Planck Institut for the economic success of Germany. What the Germans did was to exploit the potential of its highly skilled artisans, such as cookoo-watch makers from the Black Forest region; turning them into machine-tool, Porsche and telex machines' makers, that allowed Germany to reach the stage of technical excellence.

“Education and training are of little use without proper work habits and commitment to the job.” Says Gary S. Becker, professor of economics and sociology at the University of Chicago. BusinessWeek International, Dec. 12, 1989.

Neither can we credit the University of Tokyo for Japan's success. After the war, the Japanese when coming back from a survey trip, would have to join the shopfloor people -the blue collars- in order to implement one idea seen somewhere in the West. Therefore, they developed since an early stage a team-work concept between the people who design with the people who implement. This trial and error stages, the learning by doing bit of the project, is all property of the implementors of a project. The implementors were just blue collar workers.

Today the universities' lobbies in all third world countries that I've been use this shibboleth that an army of PhD's is a condition sine qua non for economic development.
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