DURING his first year as America’s president Donald Trump attempted to redefine what it means to be leader of the free world. He has seen White House staffers come and go; been embroiled in scandal; waged war against “fake news”; and offended friends and foes alike.
More than a decade ago, Dan Russell, a researcher at IBM, won fleeting attention for his email signature: “Join the slow email movement! Read your mail just twice each day. Recapture your life’s time and relearn to dream.” That was quixotic even then. While some people are slow to respond to email, most of us […]
The Economist’s Big Mac index gives a flavour of how far currency values are out of whack. It is based on the idea of purchasing-power parity, which says exchange rates should move towards the level that would make the price of a basket of goods the same everywhere.
TEXTBOOKS are often contentious. In economics, most of the debate has been about how well the models they contain describe reality.
CAR buyers are said to choose vehicles that reflect their personality. In Britain the colour may also reflect the national mood. In the late 1990s Britons bought cars in bright primary colours, perhaps mirroring the optimism of the early years of Tony Blair’s New Labour administration.