Posted by: Michael Mandel on January 24
Carl Bildt, the former prime minister of Sweden, has his own blog at http://bildt.blogspot.com/. He writes on European technological progress:
Although rarely reflected in the main media, there is a new debate across Europe on the necessity of doing more in the fields of research, development and higher education.
The brutal fact is that we are slipping behind in particular the United States.
It’s not that our brains are inferior. That’s unlikely - particular in view of the fact that some of the most stellar scientific advances in America have been done by men and women coming from Europe.
In the past they were fleeing from war and persecution in Europe. Hopefully those days are gone.
Now they are fleeing to the better resources and rewards in the United States. Before it was an issue of survival - now it’s often a question of money.
Michael Mandel, BW's award-winning chief economist, provides his unique perspective on the hot economic issues of the day. From globalization to the future of work to the ups and downs of the financial markets, Mandel-named 2006 economic journalist of the year by the World Leadership Forum-offers cutting edge analysis and commentary.