Fishing

One of my formative professional experiences was looking at a graph of the Swissair's profits over time. They make $100m in one year, lost $50m the next year, and so on for a decade. Then they hired … (View Post)

Also we need to be aware that McKinsey have their fingers all over Boeing's recent disasters - not only was their CEO at the time ex-McKinsey, but he brought them in to manage much of the outsourcing… (View Post)

Focusing in very short term numbers benefits the media though and financial analysts who make their money off very short term fluctuations and are very poor at analysing medium term trends. But most … (View Post)

It depends how you do it and what the other effects are. Cutting business and payroll taxes when the deficit is relatively low will have a large positive multiplier on the economy in both the short a… (View Post)

There's little point in being fiscally responsible if they aren't going to reform the supply side of the economy. Remorselessly imposing higher and higher taxes to fund ever higher spending is fiscal… (View Post)