“Everyone knows that the growth in our manufacturing exports has been deeply disappointing. But just as important has been the sharp fall in exports in the area we traditionally run a large surplus – namely services.” Britain, the world and…
Revenue sharing
It may seem like the ultimate in incentive-based, market-driven compensation, but it’s really an intriguing example of communal action. Why we pay all our employees a share of revenue (HBR) There should be rampant free-riding, but it appears to be…
Olympic Park
“Of course, when you take away the toilets, shops, the McDonald’s and all the people, what you end up with is concrete.” London Olympic Park opens for visitor tours (BBC)
Multipliers matter
Previous report says larger, with many countries Auerbach, Gorodnichenko Newer report says smaller in U.S. but bigger in Canada. Owyang, Ramey, Zubairy Hat tip to Marty Gaynor.
Blogging for a living
“Andrew Sullivan the blogger now has an incentive to write posts that work for Andrew Sullivan the businessman.” Andrew Sullivan Is Doing Fine (Planet Money)
Eco-friendly farewells
A country with a smaller footprint has some wanting to leave a smaller one. Six feet greener (Economist)