In addition to performing at a fundraiser in Iowa for Hillary Clinton over the weekend, Katy Perry also got a birthday present for the presidential candidate, who turns 68 on Monday. They doubtless were Thark warriors who had been sent…
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Everything You Need to Know About Blockbuster Movies
Box office comparisons for summer blockbuster films like Jurassic World and total film revenue are misleading unless the numbers take account of inflation.
Weekly Roundup: From Chicken Sandwiches to Budget Gridlock
Our economic news summary includes chicken sandwiches, reefers and the supply chain, the internet and the information infrastructure and the federal budget.
The Most Expensive Way to Make a Chicken Sandwich
In a chicken sandwich are ingredients from around the world that one person can create but the price system gathered them for us at the local supermarket.
What Reefers Have to Do with Stinky Cheese
With more than roads, bridges and railroads, our transportation infrastructure includes the reefers (refrigerated containers) that facilitate globalization.
Weekly Roundup: From Fed Dots to Income Traps
Our economic news summary includes interest rates and the Fed, inequality and developing nations, space travel innovation and consumer spending changes.
Bringing The Martian Down to Earth
For pure enjoyment The Martian is a good read but also it helps us recognize how travel to Mars has and will have positive externalities on earth.
Why Doing Good is Not Always Easy
By recognizing the tradeoffs of recycling, preserving endangered species and improving world health, doing good could become more productive.
Part 2: How the Middle Income Trap Could Catch China
While some high middle income economies have slowed down and then accelerated again, using World Bank criteria, China’s economic growth is tough to predict.
Part 1: The Trap That China Wants to Avoid
Currently slowing down, China’s economic growth might be challenged by the middle income trap that has caught Brazil but not Taiwan or Malaysia.