Developing Economies

August 21, 2018

Why It’s Tough to Catch Venezuela’s Runaway Hyperinflation

Calming the everyday monetary chaos created by Venezuela's hyperinflation is about much more than lopping zeros off its currency.

June 29, 2018

Why More Babies Were Born Nine Months After a Football (Soccer) Game

Because of events that range from football victories to electrical outages, birth rates can spike or fall nine months later.

June 18, 2018

How Starbucks Coffee Bean Husks Are Like Perdue Chicken Paws

When previously worthless byproducts like coffee bean husks, chicken paws, and hog snouts became popular, we increased our economic efficiency.

June 13, 2018

The Mystery of the North Korean Economy

Looking at the North Korean economy, economists have to become detectives because the government refuses to share basic statistics.

April 15, 2018

The Food Fights Between the U.S. and China

Whether looking at chicken paws or hog hooves, U.S. and China food tastes have worked well together until U.S. and Chinese tariffs have upset the benefits of the relationships.

April 5, 2018

Why U.S. Winemakers Can’t Fight the Trade War That the President Uncorked

While facts about China's wine imports from the U.S. are somewhat surprising, still the impact of a tariff war is predictable.

March 19, 2018

A 2018 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.