A great source of personal growth is a challenge to long-held ideas-especially when it moves you out of your comfort zone. In a number of blog posts in recent years, I fretted over low birth rates which are likely to eventually result in...
Insights and Ideas
Diversified Trust shares our knowledge on wealth strategies, investing, current financial news and trends.
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- Tag: growth
A great deal of contemporary discussion regarding wealth is focused on inequality and the concentration of assets and power in the hands of billionaires. According to a commonly used statistic called the Gini coefficient, the U.S. is the seventh most unequal country in...
My recent white paper (The Most Important Topic in Economics) discussed the interplay between demographics and productivity enhancement in determining future economic growth. Given little or no growth in the working population, we will enjoy satisfactory economic and income growth only if we...
McKinsey Global Institute produced a massive white paper (The Next Big Arenas of Competition October 2024) on the industries that are likely to enjoy outsized future growth and transform the global landscape. These “arenas” are expected to be centers of competition, innovation, and...
Many of my posts have bemoaned lackluster productivity growth in the U.S. and questioned the reasons for our poor showing given the large investments that have been made in technology. As a reminder, economic growth is equal to the sum of increases in...
Visual Capitalist provided this graphic which shows changes in wealth for various countries during the period 2010-2023. The U.S. fared relatively well as did a number of emerging economies including China, Indonesia, and India. The major surprise for me was the poor showing...