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Americans learn to succeed by learning from failure

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America succeeds because Americans fail and forgive. That's the intriguing message -- or part of it -- of Megan McArdle's new book The Up Side of Down: Why Failing Well Is the Key to Success. McArdle, a Bloomberg blogger and columnist, stands out among economic writers, and not just because she’s the only woman among them who is 6-foot-2. She combines a shrewd knowledge of economics and...

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