Word: viaduct
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Dates: during 1981-1981
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...rules. No one will deny hard work and perseverance as signposts to the path of success, but the world of Sowell and other "human capital" economists requires much more. The vital ingredient to playing the game in ethnic America has been investing in skills, and the most crucial viaduct, education. German Americans brought skills in both crafts and entrepreneurship from the old country and secured a place for their descendents. Jews and Japanese invested heavily in education and reached the pinnacles of the nation's affluence, leaving the Irish and Italians far behind. Sowell attributed the abysmal failure of most...