Does this sound familiar? “Economists predict no recovery until 2013.” “Politicians and economists agree on the need for savage cutbacks.” “Economists don’t think people are rational.” (All real news stories.) These and a thousand other news stories reflect the high status economists have in the modern world. There is a Nobel prize for economics but [...]
So, the unthinkable happened and the Commonwealth of Massachusetts (USA) has a Republican senator. Why is this so monumentous for the rest of the world? Poke a stick into the virtual world and you will find innumerable analyses of what happened – my source of info on Massachusetts (my one time home) is WBUR. But [...]
Green venture capitalist John Doerr says that America must win the race to dominate the new green economy. Is it just silliness to wonder which countries in previous wars would have talked in terms of global leadership, the must-win race and the supremacy of one country’s people? What horse are we backing here?