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Japan, Korea, Taiwan and China perfected ways to marry subsidies and protection for manufacturers – so as to nurture their development – with competition and ‘export discipline’, which forced them to sell their products internationally and thereby become globally competitive. This overcame the traditional problem with subsidy and protection policies, whereby entrepreneurs pocketed financial incentives but failed to do the hard work of producing competitive products.
How Asia Works
Joe Studwell
Modern-day science is a unique tradition of knowledge, inasmuch as it openly admits collective ignorance regarding the most important questions. Darwin never argued that he was ‘The Seal of the Biologists’, and that he had solved the riddle of life once and for all. After centuries of extensive scientific research, biologists admit that they still don’t have any good explanation for how brains produce consciousness. Physicists admit that they don’t know what caused the Big Bang, or how to reconcile quantum mechanics with the theory of general relativity.
Sapiens
Yuval Noah Harari
The Industrial Revolution turned the timetable and the assembly line into a template for almost all human activities. Shortly after factories imposed their time frames on human behaviour, schools too adopted precise timetables, followed by hospitals, government offices and grocery stores. Even in places devoid of assembly lines and machines, the timetable became king. If the shift at the factory ends at 5 p.m., the local pub had better be open for business by 5:02.
Sapiens
Yuval Noah Harari
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