Productivity is notoriously difficult to predict.

What an ideology is is a conceptual framework with the way people deal with reality. Everyone has one. You have to, to exist you need an ideology. The question is whether it is accurate or not.

The current financial crisis in the US is likely to be judged in retrospect as the most wrenching since the end of the Second World War.

Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.

Improvements in lending practices driven by information technology have enabled lenders to reach out to households with previously unrecognized borrowing capacities.

The tub helps me relax, and it's a great place to read.

...our market system depends critically on trust-trust in the word of our colleagues and trust in the word of those with whom we do business.