In selected developing nations and historically throughout the world, because female literacy was formally constrained, nations limited their human capital.
Our economic news summary included climate talks and externalities, “missing women” and Asian marriage markets, seniors’ spending and manufacturing supply.
Looking at the different levels of development and the alliances among those at the Paris climate talks, we see the challenge of reaching an agreement.
Because banks and other issuers of credit cards cover costs by charging retailers a fee, those sellers raise their prices to cash and credit customers.
Our everyday economics includes central planning, unintended consequences, comparative advantage, transportation infrastructure, cost & developing nations.
Using road design as an example, we can show how innovation in our transportation infrastructure can improve productivity.
Our everyday economics includes risk, externalities, purchasing power, complementary goods, capitalism, money supply, human capital, and innovation.
The cost of a natural disaster tends to be higher in dollars in developed nations and in victims in the developing world.
Our everyday economics includes development, automation, taxes, fiscal policy, GDP, entitlements, entrepreneurs, negative externalities and environment.