08 November 2011

What is Wrong with America? Ferguson vs. Sachs

Jeff Sachs takes Niall Ferguson to the woodshed in this exchange. Sachs however falls short in his argument as it is not enough to call for more investment by governments, but it is also necessary to explain what those investments will be -- specifically, not in generalities like education and science and technology. Pointing to Europe as a model of success in governance is probably not the best analogy to apply these days, either.

Sachs wins this debate.