economy

The Summer of ’18 – Top Performers – Education Article

It is a sweet time.  The clematis is gone, only its thin brown stem left to tell the tale.  The day lilies, too, have opened and closed their last blooms.  The great show put on by the azaleas and rhododendrons and mountain laurels are distant memories. But the heathers are astounding, dancing in the sun in their subtle variation of shapes and colors.  The rhubarb is in its second growth, still making pies. The Russian sage is running riot and…

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Is What Once Made U.S. Schools Great Now Holding Them Back? – Top Performers – Education Article

Editor’s Note: This piece originally stated, erroneously, that Nikolai Konratieff had won a Nobel Prize in economics.  It has since been updated. The United States, long widely regarded as the world leader in education, peaked and leveled off in the 1970s, while a growing number of other countries came from behind to far exceed American performance. Why?  If we knew the answer to that question, it might say a lot about what we have to do to match the performance…

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The Great American Growth Machine and How to Fix it – Top Performers – Education Article

That’s, more or less, the title of the article on the front page of the Wall Street Journal‘s Saturday Review section last weekend. It was written by Alan Greenspan, the former head of the Federal Reserve and Adrian Wooldridge, the political editor of the Economist. The authors point to slow growth, the decline in productivity of the economy as a whole and the unusually slow rate of formation of new firms as signs that the kind of dynamism that has…

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