Martin Feldstein was a pillar of American economics

For a half-century Martin Feldstein was everywhere you looked in American economics. He was an astoundingly prolific columnist, sometimes churning out several a week, for several newspapers, on the big economic stories of the day. He was a fixture at conferences and seminars and the teacher, for two decades, of Harvard University’s introductory economics course. He served presidents of both parties. In short Mr Feldstein, who died on June 11th aged 79, was an American economic institution. Born in New York City, he spent most of his life in Cambridge, Massachusetts,…

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One in six American adults now wear a computer on their wrist

The days of smartwatches as niche devices might be over, at least in the US. The NPD Group estimated that smartwatch sales jumped 61 percent in the 12-month span ending in November 2018. That’s no mean feat when some companies scaled back their efforts or quit the field entirely. The analyst firm also determined that 16 percent of American adults, or about a sixth of the group, now own smartwatches. There’s a good possibility that you’ll see someone with a smartwatch if you walk down the street, to put it differently. It was mostly…

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