China's Quixotic Quest to Innovate | Foreign Affairs
A statist economy can't foster creativity.
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A statist economy can't foster creativity.
These links, the second since our makeover, are exceptional in another way: I’m writing them on a Wednesday evening, and they’ll be sent out some time on Friday by my brilliant colleagues in communications. I don’t normally write these ahead of time: they’re drafted directly into an email, with the only formatting the bolding and the numbering (comms put it in the fancy new design), right before I sign off on Friday evenings, but this week I’m taking off for the next three Fridays and I wanted to write one more Marginalia before going.
WASHINGTON, DC — “In an increasingly performance-oriented society, metrics matter. What we measure affects what we do,” argued the 2008 report of the Commission on the Measurement of Economic Performance. “If we have the wrong metrics, we will strive for the wrong things.”The Commission was challenging the primacy of GDP as the metric of development. But the same observation
Our podcast on markets, the economy and business. This week, how much trouble is China’s economy really in? | Podcasts
Boeing’s troubles reveal another risk of government support for ‘national champions’