A nice article By David Brooks

Today on his op-ed in Nytimes David Brooks  wrote a really good piece on recovery of US market. In this article what drew my attention was a great quote by Timothy Geithner, treasury Secretary of USA.  Here is an excerpt with the quote in bold

In an interview on Wednesday, for example, I asked Geithner what government could do to help promote innovation. Usually when I ask leaders that, they reel off some cool technologies that government should promote — windmills, nanotechnology, etc. Often they sound like children trying to play at being entrepreneurs. Geithner didn’t do that. He said that government’s limited job was to get the underlying incentives right so the market could figure out what innovations work best. That suggests a pretty constrained view of government’s role.

 

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