The best fragment I read today

by Tyler Cowen on October 19, 2006 at 3:14 pm in Current Affairs | Permalink

South Asians call it “the best run Indian city,”…

That is Dubai. Here is today’s NYT article on the limits of tolerance in Dubai. Here is a good Michael Davis neo-Marxist deconstruction of the place.

3 comments

Mike October 19, 2006 at 7:14 pm: I see where you called this article good, but that doesn’t make it any easier to stomach his depiction of the Chicago Economics department.
Xmas October 20, 2006 at 7:18 am: I thought Dubai was the obvious sign of problems with the limitations of Sharia restricted economies. There’s so much money available from oil profits, but it can’t be invested back into other businesses, thanks to anti-usury laws and limitations on corporations and investments.
brad setser October 20, 2006 at 8:18 pm: Tyler — thanks for the link to Michael Davins
article.

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