Monday, October 5, 2009

Remember: It's a Services economy now (US, UK, etc)

US and UK Services show indications of rebounding! It makes sense, these are Services economies, like many OECD ones! Services and SMEs

Thinking "Economy" in industrial age terms is IMO Ancient History in the US, UK and other OECD post-industrial member countries

Thus
Reminder: policy makers in US, UK + other OECD countries must think Services, SMEs + intellectual products when they think Economy (and design policy and expect growth and jobs).

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BRs
Nick

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