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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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Nov 11 4:00 PM EST

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To: elmatador who wrote (85126)	12/28/2011 11:57:48 AM
From: Gemlaoshi	Read Replies (1) of 217703

water, energy, food, population this is what makes a wealthy country. Elmat, Most academic studies show that an abundance/lack of natural resources has little to do with economic growth. Japan and Russia are two extreme examples. In fact, an abundance of natural resource can result in dependence, and an inability to develop a broadly based economy (e.g. most of the oil countries). Some great books on the subject: Michael Porter: "Competitive Advantage of Nations": amazon.com Hernando DeSoto: "The Mystery of Capital" amazon.com Thomas Sowell's work on how cultural values translate into economic success/underperformance in "The Economics and Politics of Race": amazon.com David

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