The Business Times

Tim Harford

FT UNDERCOVER ECONOMIST

There is absolutely nothing odd or self-denying about relying on pen and paper as an organisational tool. 

Our devices work for Big Tech, not us

Hate for a US$100 to-do list is misplaced

In an essay, the philosopher Alasdair MacIntyre describes two fishing crews to show the difference between profit-maximising and the pursuit of excellence.

Why is modern commerce corrosive?

It’s a topic of today, but one philosopher hit the nail on the head years ago

Shoppers on 5th Avenue in New York, US, on Wednesday, March 26, 2025. US consumer confidence fell in March to the lowest level in four years on concerns about higher prices and the economic outlook amid the Trump administration's escalating tariffs. Photographer: Yuki Iwamura/Bloomberg
PERSPECTIVE

Elon Musk is wrong about GDP

The tech tycoon is not the first to misunderstand what gross domestic product is meant to measure

While wages have grown faster than inflation, the trend has been much less positive since 2019 than it was in the years before. Real median household incomes have fallen since 2019, and the poverty rate has risen.

High growth doesn’t tell the story of the US economy

Impressive headline figures didn’t help the Democrats

A culture in which we learn from failure requires both an atmosphere in which people can speak out, and an analytical framework that can discern the difference between what works and what doesn’t.
THE BROAD VIEW

The art of making good mistakes

Neither organisations nor people can learn from their errors if they deny mistakes ever happened

Telic or atelic? Churning through the festive to-do list.
THE BROAD VIEW

Why you shouldn’t strive for the perfect Christmas

My elaborate holiday preparations are more about enjoyment than about realising a particular goal

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