Recent Posts

No, Boeing is not ruining Trump’s 3% growth target

Boeing deserves blame for many things, but dragging US economic growth below 3% isn’t one of them. US Treasury Secretary Steven Mnuchin told Fox Business that Boeing Co. is a big reason the US won’t see the 3% expansion in gross domestic product that the Trump administration had been predicting for 2020. The Max crisis will shave 50 basis points ...

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Mumbai shows why India’s cities need more tax revenue

Acute fiscal stress is building in India’s states and municipalities, including the urban authority that manages the richest city, Mumbai. This matters. Local bodies hold the key to lasting solutions for a broader crisis of financial resources. The federal government’s chronic deficits dominate discussions about India’s precarious public finances. It’s time to flip this New Delhi-centric approach. State government accounts ...

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Half of Twitter’s users are worthless, and that’s good

Allow me to let you in on a little secret: Twitter Inc. isn’t a big user of its own product. That’s right, while the company’s main account @twitter has 57.1 million followers, it follows just one other, which doesn’t make it a very engaged account holder. And its tweet frequency is relatively low — even I have sent more tweets ...

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