With son preference, limited fertility and social norms, China's and India's sex ratios at birth have created a male glut and new marriage markets.
Whether calculating the poverty rate in Rwanda or in the U.S., the income and/or consumption variables you select determine your results.
The 2015 winner of the Nobel Memorial Prize in Economics, Angus Deaton studied inequality through health and wealth and micro and macroeconomics.
For pure enjoyment The Martian is a good read but also it helps us recognize how travel to Mars has and will have positive externalities on earth.
While some high middle income economies have slowed down and then accelerated again, using World Bank criteria, China's economic growth is tough to predict.
Currently slowing down, China's economic growth might be challenged by the middle income trap that has caught Brazil but not Taiwan or Malaysia.
Because middling food like hamburgers is consumed by most people in the affluent West, what we eat does not necessarily reflect inequality or social status.
Nothing but grass, lawns began as conspicuous consumption from the English and French aristocracy and now are a middle class manicured status symbol.
Whenever a new skyscraper is built, we can ask whether its shadow violates our property rights when it eliminates the sunlight in a city's parks.
A production possibilities graph can display the land, labor and capital underutilization that inadequate sanitation creates and indicate a constrained GDP.
The reasons for relatively smaller increases in U.S. productivity are a mystery that could involve understating the new sharing/data economy.
As an innovation, the bicycle was a stepping stone that helped human capital move onward to other inventions like the airplane, the auto and better roads.







