This page mostly refers to a site called Fools’ Gold, which I set up before writing the Finance Curse book. It collates the thoughts of leading thinkers on the subject of what ‘national competitiveness’ might mean. There is an awful lot of woolly thinking out there on this subject. Much of it is rests on what economists call the “fallacy of composition” – the mistaken idea that what is good for one sector of the economy must be good for the economy as a whole.  Continue reading →