What problem . Well the book is about most americans tend to assume that markets and deo assume that markets and democracy naturally go together. And the thesis of the book is that in countries with what i call a marketdominant minority, markets and democracy are not mutually reinforcing because markets and democracy basically benefit different ethnic groups. So take indonesia as an illustration. Free market policies in the 1980s and 1990s led to a situation in which the country`s tiny, 3 percent chinese minority controlled an astounding 70 percent of the country`s private economy. The introduction of democracy in 1998 produced a violent backlash. Five thousand homes and shops of Ethnic Chinese were looted and burned. Two thousand people died. A hundred and fifty Chinese Women were raped. The wealthiest chinese left the country, along with some 40 billion to 100 billion of Ethnic Chinesecontrolled capital, plunging the country into a crisis from which it has not recovered. So in countr
This as russia prepares to host the winter Olympic Games in just three days. We are live in sochi. And troubled soul. Fans and fellow stars paying tribute to oscar winning actor Philip Seymour hoffman after he was found dead in his new york city home. A great actor on screen, but a personal life fraught with addiction and heartache. Well remember him today, monday, february 3rd, 2014. Announcer from nbc news, this is a special edition of today, countdown to the olympic winter games with matt lauer live from olympic park in sochi, russia. And Savannah Guthrie, live from studio 1a in rockefeller plaza. And good morning, everyone, welcome to today on a monday morning. Im matt lauer live from the olympic park in sochi, russia. Savannah, good morning to you. Good morning. Looks like a Beautiful Day there. Im Savannah Guthrie alongside al roker and Natalie Morales. Were in studio 1a. Did you watch the game last night . Wasnt it 3 00 in the morning there . It started at 3 30 in the morning he
Wow. Thanks a lot. We got a good, nice show today. Tough things to talk about, good things. Yes, we do. We have Lisa Vanderpump is here with us. Because she because she can be and shes here and were grateful she made it through the snow. We are. You had a good weekend, a busy one. Very nice weekend. We had our moms here, cooking on friday. And then my mom and i went to florida for a little sun and then came back and your house for the super bowl yes, well, hoda i hope you enjoyed it, because it is the last time. It really is. I figured we had 28 super bowl parties now. 27 because we actually did one together when i sang and frank called it. 27 is enough. At your house, by the way, you know how to put something together. Not last night. The kids. Thank you for everybody that rescued me. Heres the thing. I thought we would have a small, small, small. I get lots of help with it. Andy does all of that for us at the house. Andy. The broncos were in the game. Hes from colorado. We had to go
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Package our First Defense of exception nowadays and you can get it from lots of different races, but its a feeling that youre special and destined for special things. The second element is almost seemingly the opposite and that is a dash of insecurity to the exception a la the end of the feeling quite done and are not quite good enough yet. The third element is impulse control or selfdiscipline and the ability to persevere and resist temptation. Its really the interplay between those first two qualities that kiss at the crux of the book. You know, how does somebody simultaneously feel insecure in superior . We think that is what precisely generates drive and this feeling like i need to show the world. I need to show other people. I need to prove myself. What is the third impulse control . That allows you to be able to do it. You can have all the drives and hunger, but if you arent trained or dont have the ability to hang in there and persist, even very driven people tend to give out. I