The rising cost of living doesn’t hit all Americans equally. Yet the benchmark figure for charting the rising cost of living excludes people in rural areas.
Tobin’s q is perhaps the most used indicator in economic sciences. Economists use this indicator to identify growth prospects of firms and economies. But they may be interpreting it incorrectly.
For a country that aspires to reduce bureaucracy and liberalise its financial sector, currency redesign and cash withdrawal limits can only be counter-intuitive.
The cost of borrowing for a home has fallen in recent months, despite repeated increases of the benchmark interest rate. An economist explains the seeming paradox.
Usually when jobs and wages are rising, it’s a good thing, but right now they may signal higher odds of a nasty recession – and Americans aren’t ready for it.
Jiang oversaw China’s reemergence on the global stage, and sustained growth at home. But his policies also set the scene for excess and the growth of President Xi Jinping.
With a square and a circle, the father of ecological economics and a founding architect of sustainable development redrew our understanding of the economy. It was revolutionary.
Voter demographics and policy priorities are two recurrent, big issues on Election Day – but shifts in election administration and voting laws are new challenges influencing the midterms.