Does ‘Unhappy Growth’ Explain Failure to Adopt Economic Reforms?

Several researchers have noted that there is a tendency for average life satisfaction to be lower in the countries with high economic growth rates even though there is strong evidence that average life satisfaction is higher in countries with higher incomes. Carol Graham and Eduardo Lora have referred to this as the ‘paradox of . . . → Read More: Does ‘Unhappy Growth’ Explain Failure to Adopt Economic Reforms?

Stossel Does Atlas Shrugged, Asks "Who is Wesley Mouch?"

In tomorrow’s episode of John Stossel’s new show on Fox Business, he will address the question, “Who is Wesley Mouch?” in speaking to the parallels between Atlas Shrugged and contemporary America.  As one might expect, in my view it seems as if almost all businessmen (given their predilection towards using government to destroy markets . . . → Read More: Stossel Does Atlas Shrugged, Asks "Who is Wesley Mouch?"

Purchasing Managers Worldwide: Manufacturing Blossoming

Global factory activity continues to accelerate. According to business managers worldwide, manufacturing vivification is now at the highest rate in nearly four years and new orders growth is now at a rate not seen in more that five and a half years.

The global PMI index is produced by JP Morgan with input from . . . → Read More: Purchasing Managers Worldwide: Manufacturing Blossoming