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.

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.

The Yuan Devaluation and the Big Mac Index

Showing the purchasing power of different currencies and under-and overvaluation, the Big Mac Index can provide an understanding of the yuan devaluation.

The Tax We Should Like

Among the least popular forms of taxation, property taxes are the most desirable because of their incentives, whom they target and their resilience.

Greece’s “Cash in the Mattress Indicator”

Cash withdrawals from Greek banks show depositors’ worries about a euro zone departure and monetary policy problems.

India’s Height Mystery

Long assumed to have a direct relationship, the connection between height and GDP becomes more complex when we compare India and Africa.

Three Charts That Explain the TPP Free Trade Deal

Although pacts like the TPP are politically controversial, economists have supported free trade since David Ricardo explained comparative advantage,

Weekly Roundup: From Fake Stats to Slippery Glue

Our Posts Roundup Sunday 3.22.15 The bundles that make life pleasant…more Monday 3.23.15 Where American cars are made…more Tuesday 3.24.15 What March Madness really represents…more Wednesday 3.25.15 Why Sunday shopping matters…more Thursday 3.26.15 Making ketchup that glides…more   Friday 3.27.15 How…

Why We Need Sunday Shopping

To fuel French economic growth, productivity and employment, a controversial law will allow more Sunday shopping but the business/leisure debate continues.