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New composite indexes presented in this article could prove useful in analyzing and forecasting the Mexican economy. Keith Phillips, Lucinda Vargas, and Victor Zarnowitz present composite indexes of leading and coincident indexes for Mexico. In constructing the indexes, the economists use an...
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Delivered to the North Dallas Chamber of Commerce Seventh Annual Real Estate Symposium, Dallas, Texas, September 24, 2007. ; "The vital capital stock of our modern economy is not our buildings or our factories or our farms. It is our brains. It is our ability to conjure new and better ideas,...
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"In the world of "superfine processes" of the Knowledge Age, digits are the new widgets. The brain is to the Knowledge Age and the mastery of digits what the engine was to the Manufacturing Age and the management of widgets. Education is the steam and the oil and the gas that propel that engine....
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Remarks to the Rotary Club of Dallas, Dallas, Texas, June 13, 2007. ; "Economists may quibble about widgets and whatnot, but they are united on this: Education pays off. There's an irrefutable positive link between education and income. We see it across countries, between individuals, in...
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