In the latest issue of The Economist, we get a great article about why Productivity Growth is perhaps the single most important gauge of an economy’s strength. More importantly, we read about Total Factor Productivity, a measure by which China leaves everyone in the dust. Here’s what it’s all about… A better gauge of an…
Economics
Interview With The Ghost Of Ayn Rand
As regular readers know, I am often visited by ghosts when I work late at my office in the historic Helmsley Building. I recently had an encounter with none other than the ghost of Ayn Rand, the creator of the objectivist philosophical movement and author of Atlas Shrugged, an ideological novel that argued for absolute…