Developing Economies

March 13, 2018

Why It’s Tough for OPEC to Fight the Frackers

The OPEC nations are having a tough time deciding what oil price to target because it all depends on how U.S. shale oil producers will respond.

March 9, 2018

What Brexit Will Do to the EU Budget

About more than the U.K., Brexit also creates EU budget problems because of the 10 to 12 billion euros that the British will no longer give annually.

February 20, 2018

What a High Social Score Can Get You in China

In 2020, China will have implemented a social score program that will use behavioral inputs to decide which goods and services residents can access.

February 12, 2018

Why Valentine’s Roses Bloom in Colombia

Most of our Valentine's roses come from Colombia because of the U.S. government, the perfect combination of land, labor and capital, and Walmart.

January 24, 2018

The Newest Battle in the Washing Machine Trade War

The U.S. tariffs that target South Korean washing machine imports have created new incentives on the supply and demand sides of the market.

December 20, 2017

How to Make Kids Smarter (And Also Help the GDP)

While superstition tells us that babies born during the Year of the Dragon will have more success and power, economists look at human capital investment.

December 18, 2017

Why China Wants To Be Called a Market Economy

A year ago, China filed a formal complaint with the World Trade Organization (WTO). Targeting the European Union and the United States, China’s goal was to […]