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In the early 1990s, when a lot of the developing world opened up to international capital flows... they ended up in very good long-term projects, but projects that weren't going to pay off for five or 10 or 20 years. ↗
The truth of good economic doctoring is to know the general principles, and to really know the specifics. To understand the context, and also, to understand that an economy may need some tender loving care, not just the so-called hard truths, if it's going to get by. ↗
But with each passing year and each new study, the evidence for the genetic contribution to individual and group differences becomes more firmly established than ever. ↗
Formation of a new race takes place when, over several generations, individuals in one group reproduce more frequently among themselves than they do with individuals in other groups. ↗
