Richard Karlgaard, publisher of Forbes, reminds us about Walter Wriston's "law" on the correlation between the way a society treats talent and merit and the way that society's economy performs. People who grow to believe that they simply are entitled to leadership in business or any other field--like traditional welfare recipients at the other end of the spectrum who come to think that they entitled to benefits without working--are a huge drag on progress for the many. They drag down people of ability and that hurts us all.
George Gilder's new book, The Israel Test, was released yesterday and likewise describes a variation on Wriston's Law as it applies to the way Jews are treated in society, analogizing that question to the international treatment of Israel. (You can order The Israel Test at Amazon, Barnes & Noble and other outlets as of now.)
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