Every country is now more or less on a path to growth, but the poor ones are growing very, very slowly. If Zimbabwe continues at its current growth rate, it will qualify as a rich country in 2,722 years.
Whenever unemployment comes down, if only very slightly, it sounds like really good news. It's great that productive forces in the economy are growing and that they'll be a little bit more money in people's pockets.
The system we know as Capitalism is both wondrously productive and hugely problematic. On the downside, capitalism valorises immediate returns over long-term benefits.
We're deeply suspicious of the word 'consumerism'; it's become a stick with which to beat the modern world. Yet consumerism doesn't have to be stupid.
It doesn't appear in any brochures. It's not mentioned by tourist agencies or travel magazines. But it's quietly fascinating and almost beautiful nevertheless.
Generous, thoughtful, sensitive people are often drawn to the view that we shouldn’t expect economies to ‘grow’. After all, the earth and its resources are limited, so why keep asking for GDP to expand?
On a good day, Capitalism can seem pretty impressive. Take the sheer organisational might of corporations, with their incredible ability to focus the efforts of thousands of people on precise goals.
One of the big convictions of our times is that the fast food industry is to blame for a considerable number of ills of the modern world.
200mph Ferrari California launched. Buyers not greedy show offs, just vulnerable fragile big infants in need of affection
There's been much talk, in the business world, of a planned but delayed $35 billion merger of two communications giants, Publicis and Omnicom.