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To spend or not to spend? That is the question

Yesterday, two surveys, one by the British Chambers of Commerce and one by the British Retail Consortium, indicated that 2011 could be a difficult year for some areas of the British economy, due to a...

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A healthy economy needs a dynamic manufacturing sector

Previously, I blogged on the importance of manufacturing’s contribution to GDP. I argued that the small size of manufacturing’s GDP contribution relative to that of services is actually a sign of the...

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