From time to time, I also plan to post links to news articles in the business and economic world that pique my curiosity. I don't do so to endorse their commentaries on economic theory. (I trust the reader can separate fact from commentary and conjecture.) But in Rethinking Economics, I think it is important that this conversation not remain abstract. Like I mentioned in my earlier post on the book, The Worldly Philosophers, I admire the approach of early economists whose economic theory was motivated and spawned by their honest encounter with the world they lived in. No reason not to do the same today and stand in front of our world and look at it as it is.
In that vein, here's a link to an article from the Economist about how multi-national companies have been emerging from what we often refer to as developing countries. It's an interesting read. Take a look.