Traveling around the world, from Belgium to Australia, we see the same North-South differences that divide China’s rice and wheat farmers.
What Democracy Did To a Goat
The production of Mongolian Cashmere increased as Mongolia made the transitioned from communism to democracy and capitalism.
Five Facts About Chinese Capitalism
Through six facts about China’s political capitalism, we can see some of its economic strengths, weaknesses, contradictions, and history.
Airplane Window Shade Wars
Rather like the reclining chair debate, the battle of the airplane window shade has also become a source of passenger conflict.
How to Deal With (Airplane Seat) Recline Rage
To recline or not to recline an airplane seat is a problem for passengers and airlines because of pitch, profits, property rights, and your philosophy.
A Russian Wheat Story With an Unexpected Ending
The story of a contemporary Russian wheat farmer is rather surprising when we look back at how the Russia economy has changed during the past 120 years.
The Economy Where Black is Banned
Like Turkmenistan and Zimbabwe, wherever property rights are unpredictable, we can assume that we have a command economy.
Weekly Roundup: From Overbooked Flights to Immigration Fallacies
This week’s economic news summary included unexpected insight from credit scores, the natural resource curse, and what the bacon cheeseburger can tell us.