The initiative to introduce energy rationalization lessons in UAE high school curriculum qualifies for praise. The decision taken by the Education and Energy Ministries will not only instill consciousness of energy conservation, but would also go a long way in shaping a future generation that uses the limited natural resources judiciously and with care. When students realize the far-reaching …

  Canada, let’s agree, has much to teach the world. Following the signing of its new trade deal with the European Union, its lessons on the future of Britain and Europe are especially timely. The Economist just celebrated Canada’s distinctive achievements with a cover and supporting articles. The magazine was full of admiration for Canada’s liberal, outward-looking centrism. Yet what …

  Earlier this year I suggested that there was a problem with the tools we use to measure economic productivity: “The way we capture formal productivity data hasn’t kept up with modern ways of doing business. As a result, I believe economists underestimate productivity increases.” I have since refined that conclusion: Productivity models don’t properly capture gains created by the …