[[{“value”:”By Wolfgang Münchau, this book is the best and most detailed account of the German economic decline to date. Excerpt: In 2018, the federal government promised that Germany would become a world leader in artificial intelligence. As if they don’t understand that such efforts are more than just a play toy. The overall lesson I
The post *Kaput: The End of the German Miracle* appeared first on Marginal REVOLUTION.”}]]
By Wolfgang Münchau, this book is the best and most detailed account of the German economic decline to date. Excerpt:
In 2018, the federal government promised that Germany would become a world leader in artificial intelligence.
As if they don’t understand that such efforts are more than just a play toy. The overall lesson I took away from this book (my interpretation, not the author’s) is that if a country does not have enough ambition and seriousness in its businesses and education systems, sooner or later it will not have that in its government either.
Another lesson is that the world, overall, is working less well than you might think.
I am sad to recommend this one. My primary reservation is that the author does not do enough to diagnose Germany’s obvious cultural malaise as an underlying root cause.
The post *Kaput: The End of the German Miracle* appeared first on Marginal REVOLUTION.
Books, Current Affairs, Economics, History
Leave a Reply