Production not Speculation

In what could also be construed as a warning to frontier market types that emphasize financial services over manufacturing. Dale Dougherty of Make Magazine writes about "The Visible Hand":

Wall Street hired the best and the brightest paid them handsomely and gave them unlimited resources and technology. It turns out they were building enormously complicated castles made of sand. A great wave washed them away,astounding all the smart people who devoted their lives to speculation not production..."We need to get back to making stuff based on real engineering not just financial engineering..."-Thomas Friedman [continue reading]