Comparing development economics to plumbing, one of this year’s Nobel Memorial Prize winners says she observes what works in the real world.…
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.
The Mystery of the Missing Offshored Jobs
Tulsa Remote says it was swamped with applicants. Launched in November 2018, the Program offers $10,000, a $1,000 housing stipend, and free communal office space to the chosen few. To apply you just n…
When Does Cash Matter?
Looking at the economic impact of India’s 2016 demonetization of large denomination rupees, researchers concluded that cash still matters.…
One Way That Norway Is Different from Nigeria
Diplomatic immunity can give us an indication of corruption in a country by looking at whether consular officials pay parking tickets.…
Two Images of China’s Economic Slowdown
Since the official reports of China’s economic slowdown have been questioned, we can use nighttime satellite images and some costume jewelry for answers.…
Why Tariff Revenue Is Peanuts
A look at tariff revenue through the lens of a peanut farmer can reveal some unexpected facts about its size and who pays it.…
Six Facts: Our Global Energy Consumption
The six facts that illustrate our global energy consumption take us to the countries, the growth rates, and the types of energy..…
What a Car Seat Says About Trade
When we look closely at U.S. imports from Mexico, we might be surprised when we see where their components were manufactured.…
Why the Name of a Country Is Its Brand
Like corporations, countries engage in branding when they change their name or try to influence what the world thinks about them and their products.…
Where It Costs the Most and Least to Live
While we see similar tastes and shopping patterns in the world’s most expensive cities, the reasons for a high and low cost of living vary.…