The six facts that illustrate our global energy consumption take us to the countries, the growth rates, and the types of energy..…
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.
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.…
Where Meat Is Never a Free Lunch
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…
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.…