The conventional wisdom holds that high rates are a threat to growth.

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The first is that America's potential growth rate is much higher than conventional wisdom suggests, because productivity is much higher than official statistics measure.

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Both it and the Times version also offer in their introductions some handy potted wisdom on the structure of the globe, the growth of cities, and other matters likely to pop into map-readers' minds.

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Despite lackluster growth and policy paralysis in India, the Wisdom Tree ETF has beat the MSCI Emerging Markets Index, which is up 8.6 percent this year.

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In fact, the smartest executives understand that swimming upstream against the conventional wisdom of the risk averse can actually create significant opportunities for growth.

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The conventional wisdom is that high taxes on returns to capital are damaging to economic growth taxes on labour income not so much.

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Contrary to conventional wisdom, net Fed assets have not increased for about 18 months and money-supply growth has not been excessive for the circumstances.

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While the conventional wisdom is that we won't see a return to anything like the overheated sales growth of 2000 until at least 2004, there's one side benefit to every historical downturn: Chip designers with good ideas never stop working--they get funding and start new companies.

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