The Impact of the iPhone5 on the US Economy

J.P. Morgan’s chief economist, Michael Feroli, estimated sales of the iPhone5 could boost annualized GDP growth in calendar Q4 by 0.25 to 0.5 percentage points.  You can read more here.

Related

The perverse problem with No Child Left Behind like incentive

I had lunch today with one of my favorite people.

I love to eat localized cuisine when I’m in a