How Wealthy is Your Nation?

When someone asks about your wealth, don’t you consider more than your income? A new UN report explains where countries might do the same thing. The report suggests that we focus more on a country’s land and capital assets. By land,…

How Many People Are Hungry?

The UN says that the problem is 1 billion hungry people. Columbia University scholar Jeffrey Sachs explains that the solution is foreign aid that attacks the “poverty trap.” Then, markets can develop and people can become more productive. By contrast,…