Macroeconomic Measurement

April 10, 2014

Why Would the Nigerian GDP Double Overnight?

We might have to say BRINC rather than BRICS. As a developing nation with the highest GDP in Africa, South Africa has been the “S” in […]

April 8, 2014

Unusual Ways to Achieve Deficit Reduction

Hoping to diminish their country’s deficit, last year, Malta’s President and Parliament decided to sell citizenship. The price tag is $891,000 and the perk is that […]

March 24, 2014

Chimamanda Ngozi Adichie’s Feminism

Our Monday Gender Issue: Chimamanda Ngozi Adichie, Nigerian writer, former MacArthur genius, National Book Critics Circle Award winner, author of the book, Half of a Yellow Sun on […]

March 16, 2014

What We Sacrifice for Pothole Patches

With 150,000 more potholes than last year and $12 for each temporary patch, Chicago has spent close to $3 million on pothole repair and the end […]

March 13, 2014

More Expensive Ice Cream?

Milk prices are going up. And yet, in the US, we are drinking less milk. According to Corey Geiger, managing editor of Hoard’s Dairyman magazine, one reason is […]

March 11, 2014

Venezuela Has Cheap Gas But No Cars

At the official exchange rate, Venezuelans pay 5 cents a gallon for premium gasoline while the real price is closer to one half penny a gallon. The […]

February 27, 2014

B(T)FF… Best Trading Friends Forever

We can say that Mexico believes her top trading partner is the United States because the value of her exports to the US (2013: $370,826,831) added to the […]

February 26, 2014

Tall and Short Populations

Princeton economist Angus Deaton estimates that it will take 500 years for Indian women to reach the height of English women. In The Great Escape, Dr. […]

February 23, 2014

The Plight of the Night Owl

I must start with my bias. I am a night owl. So too were Winston Churchill and Charles Darwin, James Joyce and Glenn Gould. In one […]

February 16, 2014

What Can We Learn From Downton Abbey Economics?

Downton Abbey can tell us a lot about the British economy…but not everything. We know the aristocracy is struggling. Many of the 700 families who had […]

February 12, 2014

The Cost of Conservation

By Madeleine Vance, guest blogger and student at Kent Place School. Saving water is supposed to allow us to cut down costs. For the drought-stricken city […]

February 9, 2014

Problems With the Unemployment Rate

Almost everyone is saying the unemployment rate is a problem. At 6.6% and with job creation at 113,000, the numbers reflect a troubled jobs market. The […]