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Why some American states are prospering even though the US economy is wobbling. We travel to Minnesota to see whether there are lessons for the wider economy. Plus we explain the Peter Principle.

Why some American states are prospering even though the US economy is wobbling. Commentator James Srodes argues that low state taxes do not bring success, whereas generous public spending on education does pay off.

The Βι¶ΉΤΌΕΔ's Jonathan Frewin travels to Minnesota which has attracted many big businesses, to see whether this state has lessons for the wider American economy.

And do you know someone who has been promoted to the level of their own incompetence? Business guru Rene Carayol explains the Peter Principle.

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18 minutes

Last on

Tue 18 Oct 2011 11:32GMT

Broadcasts

  • Tue 18 Oct 2011 07:32GMT
  • Tue 18 Oct 2011 11:32GMT

Podcast