Zachary Karabell – The Leading Indicators
Listen to Zachary Karabell, the author of “The Leading Indicators” interviewed by Sinclair Noe. For more information on the book or to purchase the book, click the banner.
The Leading Indicators: A Short History of the Numbers That Rule Our World
interview recorded Feb. 2014
How did we come by the “leading indicators” we place such stock in? We allocate trillions of dollars and make public policy and personal decisions based upon them, but what do they really tell us?
“The leading indicators” shape our lives intimately, but few of us know where these numbers come from, what they mean, or why they rule the world. GDP, inflation, unemployment, trade, and a host of averages determine whether we feel optimistic or pessimistic about the country’s future and our own. They dictate whether businesses hire and invest, or fire and hunker down, whether governments spend trillions or try to reduce debt, whether individuals marry, buy a car, get a mortgage, or look for a job.
Zachary Karabell tackles the history and the limitations of each of our leading indicators.