To Really Compete With China, Invest in America’s Human Capital

Students and migrant workers walk near a construction site at Chongqing University of Posts and Telecommunications, in Chongqing, China (AP photo by Alexander F. Yuan).
Students and migrant workers walk near a construction site at Chongqing University of Posts and Telecommunications, in Chongqing, China (AP photo by Alexander F. Yuan).
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In July 1971, one month after the publication of the Pentagon Papers and a year before the Watergate break-in that would eventually cause his downfall, Richard Nixon gave one of the most interesting, and in retrospect, important, speeches of his political career. Still relatively unblemished by scandal, Nixon was cruising toward what would become a gigantic reelection win. He had his eyes fixed firmly on the future and on his long-standing penchant, if not obsession, with international affairs. In a speech to Midwestern media executives that even now remains underappreciated, Nixon said that because of the all-consuming effect of the […]

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