From statistics and a satellite image of the world at night, we can see that developing countries lack the electrification they need for economic growth.
According to Ronald Coase, if reclining in an airline seat creates a negative externality, both parties can negotiate because the transaction costs are low.
Led by Chinese economic growth and other emerging markets, the center of economic gravity is moving eastward from the developed world to Asia.
Whereas natural disaster preparation can save lives, it might have too high an opportunity cost to make sense or be a ShakeAlert that has been proven.
19th century economic writer Frederic Bastiat warned that a disaster spending GDP boost is misleading because of unseen sacrificed economic activity.
When firms diminish their corporate tax rate legally with a corporate inversion, the debate should be about overly complex corporate tax laws.
States should use cost benefit analysis more so to assess economic development tax incentives like tax credits that target film and TV producers.
OECD countries mandate that wages and salaries be paid for vacations and sick while, in the U.S., firms decide their own policies.
Looking at a European average economic growth rate, unemployment rate and GDP to debt ratio is misleading because of countries' disparate economies.












