The Best Way To Judge World Trade Activity

To measure world trade activity and the health of the global economy, we just need to look at a rather obscure index that tells us some everyday facts.

Global Economic Growth: From Meat to Luxury Cars

For many of us, becoming  more affluent first means more meat and then maybe a washing machine. Imagine a spending ladder in emerging market nations like the BRICs–Brazil, Russia, India, China. At each rung, spending surges and then flattens at…