With U.S. corn so cheap, seeing South American corn in domestic corn markets could seem illogical until we look at supply and demand more closely.…
Our Weekly Roundup: From Argentina to North Dakota
Today’s weekly roundup includes the everyday economics of sovereign debt defaults, oil boom towns, athletes’ labor markets and the GDP.…
Argentina's (Long) Default History
With Argentina again defaulting on her sovereign debt, she is violating the sanctity of contracts and lessened her borrowing ability at home and globally.…
Sovereign Debt: Is Argentina's Default Legal?
Does Argentina still owe bondholders the money? The US Supreme Court might decide. It all began with what scholars Rogoff and Reinhart called the lending boom of the 1990s. Enjoying an influx of dolla…
How To Win The Olympics
The 2016 Olympics in Rio might be different. At the 1996 Atlanta Olympics, Great Britain fared poorly. They took home only one gold and ranked #36 among medal winners. At Beijing in 2008, their medal …
Apple Looks Unappetizing in Argentina
By Mira Korber, guest blogger. While wandering the streets of Buenos Aires, I wondered why the shop windows seemed devoid of any new Apple products. Electronics stores touted the antepenultimate model…
Slippery Subsidies
By Mira Korber, guest blogger, Kent Place School alumna, Yale student, and recent traveler to Buenos Aires, Argentina. Venture down any avenue in Buenos Aires and you will certainly see tremendo…
Forbidden Dollars
By Mira Korber, guest blogger, Kent Place School alumna, Yale student, and recent traveler to Buenos Aires, Argentina. In Argentina, a $100 USD bill is a hot item. And though Argentines want US …
Greece and Argentina
Nobody wants Greece to become Argentina. It all began with what scholars Rogoff and Reinhart called the lending boom of the 1990s. Enjoying the influx of dollars, Argentina borrowed and grew and prosp…