The infrastructure dilemma; castles in the air or bridges to nowhere?

IF THERE is a consensus at the moment, it must be that infrastructure spending is a good thing. It employs workers, improves...

Attack of the zombie firms

WHY has economic growth been so sluggish in the developed world? The previous post showed that productivity in the global economy had...

The global slowdown

WORK smarter, not harder. It is one of the more irritating things that a boss can tell you. But at the macroeconomic...

The global slowdown

WORK smarter, not harder. It is one of the more irritating things that a boss can tell you. But at the macroeconomic...

The manufacturing jobs delusion

INDUSTRIAL policy via Twitter is a new development in economics but we may all have to get used to it over the...

Dorothy meets the Mnuchins

DOROTHY was unhappy. Life on the Kansas farm seemed dull, and her pocket money hadn’t risen in real terms for years. It...

Dorothy meets the Mnuchins

DOROTHY was unhappy. Life on the Kansas farm seemed dull, and her pocket money hadn’t rise in real terms for years. It...

Dow 20,000?

SOME time soon, the Dow Jones Industrial Average seems likely to break through the 20,000 barrier, an event that will be greeted...

Dude, where’s my toga?

AS THE parade of billionaires and generals joins Donald Trump's cabinet, it is hard not to be reminded of the Roman republic. Source...

That 2008 comparison (again)

IT IS the nature of columnists to look for historical parallels, as they provide a good peg for discussing current conditions. Source link...

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