When the press refers to the world’s emerging market economies, they could mean a vast array of disparate countries.
Last September, Credit Suisse published its Global Wealth Report. Looked at with numbers from Our World in Data, we can get a picture of Global Poverty and Affluence. Six Facts: Global Poverty and Wealth 1. In 1820, 75 percent of…
Your beer consumption can depend on where you live, whether you prefer wine, your country’s traditions, and your income.
Facing an aging population and more entitlements, countries that are encouraging more births to expand the labor force might be creating a bigger problem.
The chocolate deficit is a supply and demand story with weather and fungus problems on the supply side and demand up from developing nations.
Our weekly roundup includes stories from everyday economics that relate to creative destruction, taxation, price floors, labor markets and entitlements.
Estonia’s market economy resulted from eurozone membership, human capital and infrastructure development and fiscal discipline.
In refrigerators in developing nations, we can see the impact of affluence on their diet and on supply and demand that will change worldwide food prices.
When 2066 Americans were asked where Ukraine is located, as the dots on the following map show, the replies were rather scattered. While 16% of the respondents knew their geography, the rest were off by an average of 1800 miles. The redder…