We beg to differ.
Let me start off with a joke taken from the book Bad Medicine: The Prescription Drug Industry in the Third World by Silverman, Lydecker, and Lee. I changed it a little bit to make the political issues more appropriate for this article but nevertheless, the message remains the same as it describes the magnitude of…
In his seminal book, The Protestant Ethic and the Spirit of Capitalism (1905), Max Weber, widely known as the father of modern sociology, provided (arguably among the first and most compelling) arguments on the relationship (or correlation) between ‘culture’ and ‘economic productivity’. As an established economic analyst, Weber was interested in understanding why protestant nations…
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