Posts Tagged ‘growth’
The meaning of GDP – part two
In: Uncategorized
21 Aug 2013This is my Perspective column from this week’s Fund Strategy magazine. In the last issue of Fund Strategy (7 August) this column argued that many criticisms of GDP are disingenuous. Such detractors merely point out that it does not incorporate other measures such as inequality or happiness. Yet there are already ways of measuring these other phenomena. Such […]
- Tags: economics, Fund Strategy, growth, happiness, inequality
New Internationalist growth debate
27 Apr 2013Economist and author Dan O’Neill and journalist and author Daniel Ben-Ami go head-to-head. This debate is from the May issue of New Internationalist. Feel free to comment on the magazine’s site. Dan Kenneth Boulding once warned that anyone who believes exponential growth can go on forever in a finite world is either a madman or an […]
- Tags: economics, environment, growth, Malthus, media appearances
Bad news for the world economy
In: Uncategorized
12 Feb 2013Some seriously bad news broke last week yet it received a tiny fraction of the attention the British media devoted to horsemeat. It looks like Indian economic growth is slowing down. This trend has serious implications not only for India’s population of 1.2 billion but for the entire world economy. According to figures from the […]
- Tags: Asia, development, economics, Fund Strategy, growth, india
Technocrats deride democracy
In: Uncategorized
11 Feb 2013This is my Perspective column from this week’s Fund Strategy magazine. An event on economics has seldom shocked me so much. The public launch of the “Manifesto for Growth” at the London School of Economics (LSE) came across as blatantly disdainful of the public and the democratic process. My reading of the report’s central argument […]
- Tags: Britain, environment, finance, Fund Strategy, growth, technology
France’s predictable turn to austerity
In: Uncategorized
18 Sep 2012Anyone looking for an excellent example of the narrowness of the debate between “growth” and “austerity” need only look across the Channel. Anyone remember the days not long ago when François Hollande, France’s socialist president since May, was seen as a powerful force against austerity? He was widely portrayed as a counterweight to the pro-austerity […]
- Tags: consumption, Europe, Fund Strategy, growth
Miliband’s new catchphrase
In: Uncategorized
17 Sep 2012This Perspective column was first published in today’s edition of Fund Strategy. Politicians strive to create buzzwords for what they regard as unique concepts. The Labour leader has commandeered the term ‘predistribution’, which is just another cover-up for vacuity. Ed Miliband has managed one singular achievement since becoming the leader of the Labour party in […]
- Tags: America, book, Britain, economics, Fund Strategy, growth, inequality
Human ingenuity can beat stasis
In: Uncategorized
10 Sep 2012This Perspective column was first published in today’s edition of Fund Strategy. Although the claim that America has entered a “new normal” of low economic growth has become commonplace the argument is usually crude. A new paper* by Robert Gordon, a professor at Northwestern university in Chicago, is an important exception. He puts forward a […]
- Tags: America, Fund Strategy, growth, technology
Glimmer of economic hope
In: Uncategorized
27 Jul 2012This week’s appalling GDP figures are far from the worst statistics that have come out on the British economy recently. One quarter of bad data can always be dismissed as a blip but there are reasons to believe Britain’s economic problems are deep-rooted. It takes hard work to divine any potential for improvement although it […]
- Tags: Britain, economics, Fund Strategy, growth, technology
Global view yields different results
In: Uncategorized
24 Jul 2012This is my latest Perspective column for Fund Strategy magazine. Sometimes, the conventional assumptions used to examine economic problems are misleading. A different approach would lead to radically different conclusions. Take the economic plight currently plaguing the developed world. One key convention is to look at domestic economies first before modifying the analysis to take […]
- Tags: America, Britain, development, Fund Strategy, growth
Mainstream posing as renegade
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13 Jun 2012This is my account of yesterday’s debate on the Four Horsemen documentary. An earlier version appeared as a blog post on the Fundweb web site. Last night I participated in a debate that reminded me of one of the main misconceptions in contemporary economics: that free market thinking is influential. The occasion was a debate […]
- Tags: Britain, economics, Fund Strategy, growth, speeches, television
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