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25 Fascinating Facts About Africa
— May 25 is Africa Day, a holiday originally created to celebrate the foundation of the Organization of African Unity (now known as the African Union) on May 25, 1963. In honor of the commemoration,...
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Which Countries Achieved Economic Growth? And Why Does it Matter?
— The average person in the world is 4.4-times richer than in 1950. But beyond the global average, how did incomes change in countries around the world? And why should we care about the growth of...
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Tax Evasion and Inequality
— By Annette Alstadsæter Summary How widespread is tax evasion – and what does that imply for the true extent of inequality? New research explores these questions by analyzing a unique dataset of...
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How the Gross Domestic Product Fails To Address Anything Important to the...
ECONOMIC INDICATORS measure economic well-being and wealth. Money is the only measure of well-being recognized by conventional economies – the price of something is a measure of its value. When...
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A Soft-Landing Recession Hitting – Because of Coronavirus
The 2020 United States presidential election is scheduled for November 3, Incumbent President Donald Trump has to do his utmost best not to have the economy slip into a recession during this time. We...
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Trade, Employment, Growth: Facts Before Stupidity
— Trade. Our new president opposes it, the union denies it, and the unemployed blame it. And not without reason. The United States has not performed well in terms of trade, employment and economic...
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