The health of a body politic can often be gauged by its ability to act in the long-term, national interest. On that metric, all does not seem well in the United States.
The latest indicator of parochial, short-term interests crowding out the future comes from the arcane world of government economic statistics. Healthy societies create, fund generously, and zealously protect from political meddling public agencies that collect and disseminate economic data: on workers, on families, on companies, and on all related economic actors and transactions. The sounder the public economic data, the sounder the economic decisions of individuals, firms, and policymakers alike. Thus do these data contribute to long-run economic growth and prosperity.
By: Matthew Slaughter & Matthew Rees, The Center for Global Business and Government at the Tuck School of Business
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