The Economics of Dying Pubic Hair

Before we get to the good stuff, let’s review some history of economic thought. In 1920, the Austrian economist Ludwig von Mises argued that socialist economies would not be able to figure out what to …
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Bad Metrics

Businesses trying to step up their game need measures of success or failure, or "metrics."  Getting the metrics right is important (though as always, don’t go overboard looking for perfection). McKinsey Quarterly just published a …
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