For the past 40 years, Americans have looked at Asia’s phenomenal economic growth and asked, What are they doing right, and what are we doing wrong? Today the question rings louder than ever. As Asia surges out of the Great Recession, experts are searching furiously for the secrets of the region’s resilience, those nuggets of Eastern wisdom that could rejuvenate a tired and confused U.S. economy.

Don’t get your hopes up. Asia can surely provide lessons for the West, but Americans often take the wrong lessons from Asia’s growth stories — and we seem to be doing it again now.

Articolul integral din Time, aici.

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