More in Global Economy


7 months

Some Economics of Pharmacy Benefit Managers

It is a common belief, applicable across many different kinds of markets, that if you could just “cut out the middleman” and “pass the savings along to consumers,” everyone would be better off. Pharmacy benefit managers are quintessential middlemen.

7 months

Initial Reactions to the Amazon Antitrust Case

The Federal Trade Commission and 17 state attorneys general have sued Amazon.com, as the FTC press release says, “alleging that the online retail and technology company is a monopolist that uses a set of interlocking anticompetitive and unfair strategies to illegally maintain its monopoly power.”

7 months

Things That Didn't Exist in 2001

The turn of the 21st century marked the beginning of a technological revolution that has dramatically reshaped our world.

7 months

China and EU Collaborate on Export Controls

China and the European Union (EU) have taken steps to ease tensions over trade imbalances and geopolitical issues.

7 months

US Capital is Depreciating Faster

Gross investment refers to the total amount invested. However, in any given year, part of gross investment just goes to replace capital that has depreciated and worn out.

7 months

Sovereign Wealth Funds in the Tax Spotlight

Sovereign Wealth Funds (SWFs) hold a significant position in the worldwide financial arena, but what drives their success?

7 months

Rising Coffee Prices: A Story of Supply Shocks

The US produces almost no coffee, other than small quantities from Hawaii.