The Ukraine war is wreaking havoc on the global economy, however Middle East oil exporters are taking advantage of this situation.
What if US public schools were given a huge chunk of money that they could spend on pretty much whatever they wanted?
There are numerous headlines showing the surprising recovery of the Russian ruble against the US dollar and the euro.
Noah Smith serves as interlocutor in “Interview: Arvind Subramanian, former Chief Economic Advisor to the Government of India” (Noahpinion, April 1, 2022).
The invasion of Ukraine, the spike in inflation and the risks of supply shortages have made some politicians dust off some of the worst economic ideas in history: Autarchy and protectionism.
One of the frustrations of the modern US economy is that it costs money to make payments. Credit cards have fees.
Most people don’t have a clear intuitive grip on numbers that are either pretty small or pretty large.