Showing adequacy, sustainability and integrity for pension systems, a Melbourne Mercer Global Pension Index infographic ranks retirees' entitlements.
Like 19th century English coal, more efficient and cheap LED lights can mean people and businesses use it more because of the lower opportunity cost.
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.
We need to raise the low U.S. savings rate with new incentives like a lottery on savings deposits because households and business investment need savings.
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.











