Economists become somewhat similar to weather men and women when their GDP monitor is a nowcast that forecasts the present.
Far more than constraining Saudi women, Saudi Arabia's discrimination diminishes the entire economy's production possibilities.
Looking at Hamilton economics through his development plan and now, we can see so very clearly why he can be called the father of our economy.
At 8 am or earlier, the average high school start time could diminish adolescent math and reading cognition because of sleep deprivation.
Precise numbers can become misleading statistics when politicians, journalists and scholars use them for jobs projections and GDP totals.
Whereas we know the size of an inch and a mile, standardized dress sizes were developed and then abandoned in the United States.
Economists can use nighttime lights from NASA's satellite images of the earth to decide if China's economic growth statistics are accurate.
Requiring shorter refrigerators and adult diapers, Japan's aging population is creating demographic stress as their numbers grow.
Last weekend, our daylight saving time dilemmas began again as we lost an hour of sleep but gained evening time to shop, exercise and go to athletic events.
Surprisingly significant, the EU's opposition to blue wine reflects how regulation constrains the innovation that creates productivity and economic growth.












