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Articles on Economics

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In the rural South, chronic illnesses are common, the population is older and health care options have been declining as hospitals close. All put the population at higher risk from COVID-19. AP Photo/Rogelio V. Solis

Coronavirus is spreading through rural South’s high-risk population – reopening economies will make it worse

Southern governors are starting to reopen their economies at the same time COVID-19 cases are spreading through the rural South.
A tourist from Québec poses with a Canadian flag in Peggy’s Cove, N.S. on Canada Day, 2016. Allowing domestic tourism to resume may be one step to carefully reopening the Canadian economy during the pandemic. THE CANADIAN PRESS/Darren Calabrese

Restarting the coronavirus economy: 4 possible steps

The response to COVID-19 should become a learning opportunity on how to develop more illness-proof economies.
When there are too many elites in a society, competition for power makes existing problems worse. Francisco Goya / Wikimedia

History repeats itself. That’s bad news for the 2020s

The 2020s promise to be a decade of mounting strain. But will these years be a story of spiralling decline or triumph over adversity?
Not sure if you’re paying the right price for your tree? The Hotelling equation modified by Faustmann can help. Aleksandra Suzi/Shutterstock

The amazing growth of the Christmas tree

A Protestant tradition with pagan roots, the Christmas tree is now a global phenomenon. It also reveals much about market economics, so let’s climb on the sleigh and take a ride around this holiday item…
Announcement of the Nobel Prize in Economics to Abhijit Banerjee, Esther Duflo and Michael Kremer (from left to right on the screen) during a press conference held at the Royal Swedish Academy of Sciences in Stockholm on 14 October 2019. Jonathan Nackstrand/AFP

2019 Nobel Prize in Economics: the limits of the clinical trial method

The 2019 Nobel Prize in Economics pays tribute to randomized control trials, but can they really help us fight poverty?

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