Global Warming: A Growing Greenhouse Gas Problem

As most of us know, cow burps add to global warming. The problem is that the demand for cows and other livestock is soaring in developing nations. Producing nitrous oxide (N2O), methane (CH4) and carbon dioxide (CO2) emissions, livestock production and distribution have a…

Emerging Markets: Cow Economics

Think of dung cakes and milk and calves as output. And feed and veterinary fees and milking time as input. The result is a new image of a cow. Compiling data from Northern Indian villages, researchers from Penn and Yale concluded…

Stock Markets: The Karachi Stock Exchange

In Karachi, Pakistan, we have 2 very different tales in one city. On the one hand, in a livability survey, Karachi is near the bottom of a list of 140 world cities. Power outages, kidnapping for ransom, marauding gangs and…

Emerging Markets: Beer and Dishwashers

In emerging markets, just when people start to drink less beer, they buy more dishwashers. According to the American Association of Wine Economists (yes, really), as individual incomes rise to $22,000, so too does beer consumption. Then though, when wine…

Emerging Markets: Brazil’s Big Mac

The price of a Big Mac can explain some of Brazil’s problems. But first, I wanted to share some insight about Brazil from financial writer James Surowiecki. In emerging markets like Brazil’s, the problems start when GDP rises, people earn…

Do Brazilians or Russians Work Shorter Hours?

Brazil or Russia? Who tends to work shorter hours? Who takes longer lunch hours? Who watches more TV? Who is more likely to sleep 8 hours or more each night?   Brazil was the correct answer to every question. My…

Pooches and Prosperity

Chloe and Gus, my daughter’s miniature Pomeranians, consume organic dog food and use wee-wee pads, they visit the vet, the groomer, and enjoy their treats and toys. Because of Chloe and Gus, my cats, and the dogs in 1 out…

Beer Economics

In China, 1/2 liter of beer costs 9 minutes of work. To calculate how many minutes of work it takes to buy beer in 150 countries, Swiss bank UBS researchers divided the median wage in that country by the price of 1/2…

India’s Car Horns

Standing near a busy intersection in Calcutta, you would hear a horn honk every 3 seconds. Or, as one Audi India executive explained, “With the amount of honking in Mumbai, we do on a daily basis what an average German…

Coach and the Chinese Consumer

Reporting their 4th quarter earnings yesterday, Coach, the handbag and accessories retailer, disappointed investors when they said that US department store and factory outlet sales had slowed. They did report, though, that sales of their handbags and accessories were up…