Thais Urged To Cooperate Not Compete With Nations

Well look, there is a reason academics are in academia, namely that they couldn't survive in the real world. Their comments are occasionally interesting from a theoretical viewpoint, but rarely useful. Look what happened when Bernanke left the theoretical universe and started his puppet act at the Fed. Krugman, an another opinionated moron never having his theories tested, but hey he got a Noble in economics, yeah and Obama won the Noble Peace Prize overseeing two wars. Hmmm.

Being the best means that you reap the dividends from that success, you innovate and outperform the competition. Alternatively you can inherit a managerial position through bribed university grades and nepotism and just keep paying the government to erect import barriers to protect your inefficient and expensive business model. I guess both scenarios reap financial rewards albeit the latter passes the costs to the consumer.