The Unimportance of the Next President
Today America chooses a new president in what is one of the most pivotal elections in history. The world changed sharply during the Bush administration with two recessions, 9/11 attacks, wars in the Middle East, and rising new powers in China and India. The two candidates for President - Senators McCain and Obama - offer distinctly different paths America will take in addressing this new world.
Posted Tue Nov 4, 2008
The Demise of Capitalism? A Perfect Time to Panic
Hyperventilating observors keep talking about the current economic crisis in terms of a crisis of capitalism. This is a bizarre overreaction. And yet, aren't you asking the same question yourself?
Posted Mon Oct 27, 2008
Paul Krugman, Nobelist
"Economics is as close to psychohistory as you can get."
-- Paul Krugman "Incidents from My Career"
Posted Tue Oct 14, 2008
Growth Deconstructed
The latest GDP figures from the federal government show a 2.8 percent annualized growth (found here). Unfortunately, this may be the last positive figure we see for a while, so it might be worth examining the details. Below is a chart I put together routinely for the Kauffman Foundation's blog, growthology.org, and which I will switch over to Fast Company for this initial post:
Posted Wed Oct 1, 2008
