Monday in the "Renegade Province"

The Economist has had a lot of articles in the past few weeks on ageing populations. This week's edition stated that by 2015, one in four people in Japan would be over 65. An article on robots was also included. However, there was no article on Schumpeter, or his thesis that capitalism will inevitably be replaced by a form of economic socialism.

"The true pacemakers of socialism were not the intellectuals or agitators who preached it, but the Vanderbilts, Carnegies and Rockefellers." – Joseph Schumpeter (1942, p. 134)


[Link] I came across an interesting article here on blogging.

[Trivia] Just found out that Donald Trump of The Apprentice has Scottish roots. His mother came from the Isle of Lewis in the Outer Hebrides.



innovation, innovation management, China, Taiwan