Editorial
Thinking Long Term
Argandoña Rámiz, Antonio
To speak of growth at a time marked by belt-tightening and downsizing sounds like something for the long run. And the long run, as Keynes famously said, “is a misleading guide to current affairs. In the long run, we are all dead.” Yet even with a recession breathing down one’s neck, are the few pennies saved today worth the cost to your growth prospects in the future?