Cow burps were supposed to be the problem. As a substantial source of methane, cattle (and other ruminants) naturally boosted the planet’s greenhouse gas emissions (GHG). From there, the story s…
Developing Economies
Developing economies are countries that display the earlier stages of a market system. Including China, India, the Philippines, they have fast growth rates and are helping propel the world economy. Because each one is different, econlife looks at examples of their businesses, consumers and governments.
Why It’s Now the Pits For Avocados
Although Fresh Direct did not really eliminate the avadcado pit, they could more accurately tell us that they were increasing avocado prices.…
A 2019 Update: The World’s Top and Bottom Laissez-Faire Countries
The Index of Economic Freedom is a handy source of data for judging whether or not a government has a laissez-faire philosophy.…
How Venezuela Caught an Incurable Case of Dutch Disease
From the very beginning in 1922, Venezuela’s oil industry fueled governmental decisions that created an incurable case of Dutch disease.…
Six Facts That Tell You What Is Happening to U.S. Manufacturing
While it depends where you look and the industries you select, you can see that U.S. manufacturing is now experiencing a modest rebound.…
The Best Way To Measure Happiness
When we compare Bhutan’s gross national happiness (GNH) to its gross domestic product (GDP, we could decide if happiness relates to economic growth.…
A Sad Soybean Saga
From U.S. farm income to Brazil’s exports to a racing cargo ship, the impact of China’s retaliatory soybean tariff has had a global impact.…
Six Facts That Explain How China Plans to Dominate World Trade
China’s economic development and much more will be propelled if its Belt and Road Initiative sends trillions to countries in three continents.…
The Less Obvious Way To Conserve Wildlife
Attempts to encourage African wildlife conservation have changed incentives that affect African villagers and U.S. hunters.…
Six Facts to Know About Venezuela’s Hyperinflation
Through six simple facts, we can better understand the meaning of Venezuela’s hyperinflation and how much it has diminished production.…