Part 2: What To Do When More People Are Old

Facing an aging population and more entitlements, countries that are encouraging more births to expand the labor force might be creating a bigger problem.

Part 1: What To Do When More People Are Old

As population shifts, developed nations will have redistribution decisions as the proportion of the non-working aged and the young need more labor income.

Three Big Questions About the GDP

GDP problems include that it’s not calculated the same way in different countries, its data can be tough to gather, and its components omit important items.

Italy and the EU: An Internet Story

Looking at internet connectivity as a part of the EU’s information infrastructure, we can see how Italy is behind and reflects member nation contrasts.

Three Graphs That Tell the Whole Oil Story

Following the law of supply, U.S. shale oil firms will lower output because OPEC is letting price plummet but airlines on demand side like lower prices.

A Bigger (Thanksgiving) Pie or Equal Slices?

Increasing income inequality by moving from communal farming to individual plots, Plymouth Colony Governor William Bradford changed income redistribution.

The Benefits of Perpetual Federal Debt

Very long term federal debt that has no date for redemption like UK First World War bonds and U.S. Revolutionary War debt depend on good public credit.

Is Ebola Threatening the Price of Chocolate?

While Ebola fear caused raw cocoa futures prices to rise in September, its long term rise has been because of more demand from developing nations.

How Chinese Economic Growth Relates to Restaurants and Pilots

China might not fuel world economic growth if instead of a 7 percent real GDP growth rate forecast, we use a regression to the mean of 3.9 percent.

The Reason Norway Said No to the Olympics

Because host countries for the Olympics and World Cup spend too much on new stadiums, their subsequent return on investment (ROI) is usually inadequate.