The growth lesson America could take from China


The basic driver of remarkable economic growth in China — and India, Vietnam, Thailand, Brazil and pretty much every other developing country — is pretty simple: people migrating from rural areas, where they’re not very productive, to dense cities, where they are very productive. This is a tried-and-true strategy for making people and countries richer.

Source: The Washington Post.

Sigh! When will America realize that its cities are the real America?