It’s mid-afternoon, and I’m sharing a long lunch with a colleague at a sidewalk café in Paris. There’s a basket of …
OECD
Buffett’s New Message: Damn the Deal, Keep Work and Life in Balance
It must be great to be Warren Buffett, and not just for the money and influence. Recent court testimony in the insider-trading trial of former Goldman Sachs director Rajat K. Gupta elicited this gem: while negotiating a $5 billion investment in Goldman at the height of the financial crisis—an investment that would shore up the bank’s …
Will a Global “Happiness” Index Ever Beat Out GDP?
For several decades, economists have been dancing around the idea that economic growth doesn’t equal happiness. And yet, politicians and the media are constantly using growth rates as the way to assess whether a country is really getting ahead. Why? Because GDP is one of the few economic indicators that everybody measures and …
