Pepsi Light Has a Whole New Meaning

Human capital in developing nations is benefiting from inexpensive lights made from plastic soda bottles that also are connected to solar powered batteries.

Weekly Roundup: From Fed Humor to the Wisdom of Warren Buffett

Our Posts Roundup Sunday 3.01.15 Handy notes from Warren Buffett…more Monday 3.02.15 The basics of Greek tax evasion…more Tuesday 3.03.15 Insight about airline queues…more Wednesday 3.04.15 Why we subsidize Brazilian farmers…more Thursday 3.05.15 What an ATM can teach us…more  …

How Tax Evasion Relates to Porsches

A big part of the shadow economy, the tax evasion in Greece that prevails among the self-employed substantially ups the deficit and distorts fiscal policy.

Weekly Roundup: From Playing Monopoly to Flying Drones

Our everyday economics includes BRICs & MINTs, supply, monopoly, tradeoffs, economic consensus, innovation, property rights, redistribution, fertility rate.

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.

The Reason For Our Chocolate Problem

The chocolate deficit is a supply and demand story with weather and fungus problems on the supply side and demand up from developing nations.

How To Cope With (Water) Stress

Being water stressed means you are unusually vulnerable to a water shortage. Sort of like a household where one emergency can push it over the edge because it spends all it earns, so too with most water stressed nations. That one drought…