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Stuck in the 20th Century A while ago I wrote this post about how the United States is falling behind even developing countries like China and India in building high-speed rail. Today the New York Times carries a story about an agreement the Chinese government has signed with the State of California and General Electric [...] The Lightning Express Leaves the Junction I often hear that our free-market capitalism gives us leadership in technology and innovation and that countries that rely more on governmental intervention in the economy lag behind us in these crucial areas. I think about this when I read that Airbus Industries is overtaking Boeing in sales of [...] |
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