Income or Consumption, statistics can mislead

There is lies, damned lies and statistics.  For American marketers, the image below from the new book  "The Haves and the Have-Nots,” by World Bank economist Branko Milanovic can fall into the last of those categories. Milanovic sliced the income of national popultions into five percentile slices ("ventiles"), adjusted for purchasing...

Will Cameron score over Obama?

The British Prime Minister David Cameron is visiting India now, at least three months before the scheduled visit of U.S. President Obama. Cameron is distinctly focused on commercial ties. Especially with his recent interest in containing expenses at home, India seems to be on the forefront for business engagement. In...

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