“Shanghai Gets Supersized”
The Chinese discover the attractions of getting rich:
When building projects grew scarce in the United States a few years ago, the California architect Robert Steinberg opened an office in Shanghai. He says he didn’t understand the city until the night he dined with some prospective clients. “I was trying to make polite conversation and started discussing some political controversy that seemed important at the time,” he recalls. “One of the businessmen leaned over and said, ‘We’re from Shanghai. We care only about money. You want to talk politics, go to Beijing.’ ”
When liberals look at the poor, first and foremost, they see people who will vote for them in exchange for goodies. This gives liberals a perverse incentive to keep as...Read More
Associate Professor of Economics, North Carolina State Univ.
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