Is innovation faltering - or is GDP?

In a recent New York Times column, economist Paul Krugman raises the spectre of a ‘growth slowdown’. ‘A growing number of economists,’ he writes, 'looking at the data on productivity and incomes, are wondering if the technological revolution has been greatly overhyped.'

Are we facing another financial crisis?

Taken at face value, David Cameron’s warning this week about risks in the global economy sounds like it might be wonderfully prescient. Here’s the country’s economic chauffeur, carefully checking his instrument gauges, and sure enough, sees the same signs today that should have given us warning of the crisis of 2007-08. Time to apply the brakes.