A former student emails me a link to an article
about Mark Sanford, the South Carolina governor whose name is being floating as a possible running mate for John McCain. Based on the following passage, the student suggests that Sanford understands the augmented Solow model
Mr. Sanford is popular on the right because he understands markets. "There are only two ways to raise the standard of living," he said, "through technology – one backhoe can dig more dirt than 50 men with shovels – and through brain power . . . And that's it."