China might not fuel world economic growth if instead of a 7 percent real GDP growth rate forecast, we use a regression to the mean of 3.9 percent.
While a misery index shows a nation's inflation and unemployment rates, the eurozone's high unemployment might create disproportionate unhappiness.
New attitudes that value marriage less and new economics through which women have more pay and education and men work less have changed marriage markets.
Since education creates positive externalities that fuel economic growth, understanding how to develop expertise through human capital formation is crucial.
Colorado's marijuana growers and dealers are wasting resources because banks and insurance companies will not act as their financial intermediaries.
Knowing about how and when creative people achieve optimal productivity is important because of the connection between human capital and economic growth.
Whether looking at the supply chain for a pencil or an iPhone 6, we see globalization because price system incentives create cooperation.
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.
With Argentina again defaulting on her sovereign debt, she is violating the sanctity of contracts and lessened her borrowing ability at home and globally.
Seemingly just a statistic, how we calculate the GDP and how it is used can be controversial and affect the lives of millions of people.












