growth

It’s amazing how much insight and inspiration can come from babies, as I was reminded after visiting my seven week-old nephew yesterday. Most of time we were there we listened to “the baby’s music” which is supposed to make him happy (I’m a baby-newbie so forgive me if I’m embarrassing myself), but it made the [...]

China: Mother of All Enrons?

by Brian on 03-17-2009

in economics,global

Directly following up on my last post about the problems of goals gone wild, here’s a look at China’s attempts to keep up their 8% rate of annual GDP growth. (Thanks to Francois in the previous post’s comments for bringing up the abuse of information during China’s Cultural Revolution.) Earlier today, FP Passport reported the World Bank’s quarterly [...]

I tried tackling this on the weekend, spent all day Sunday and ended up with a 2000 word manure pile of pretentiousness. I even disgusted myself — not that what I was saying was at all wrong, but in that form it was just way too obvious that I think very highly of myself: making grand pronouncements [...]