More in Global Economy


2 months

Thomas Schelling: A Person Cannot Draw Up a List of Things That Would Never Occur to Him

Thomas Schelling (Nobel 2005) once wrote: "One thing a person cannot do, no matter how rigorous his analysis or heroic his imagination, is to draw up a list of things that would never occur to him.”

2 months

Supply and Demand: The Scissors, Banana, and the Parrot

The time for introducing a fresh group of students to supply and demand is soon to be upon us.

2 months

Supply Chain Logistics Trends In 2020

Supply chain management makes the world go round, and there are some exciting technology innovations that are helping to boost supply chains across the globe.

2 months

Christopher Walton, William Law, and the 296-Page Footnote

It has been my tradition to take a break from current events in late August. Instead, I offer a series of articles about academia, economics, and editing, focusing on comments or themes that caught my eye in the last year. I start with the story of the 296-page footnote, and how its author cried out for an editor. 

2 months

Massive Stimulus Does Not Prevent Eurozone Slowdown

The ECB balance sheet has risen to 53.9% of GDP in July 2020. This compares to a 32% of the Federal Reserve and 33% of the Bank of England.

2 months

Cities as Economic Engines: Is Lower Density in our Future?

When studying urban economics, a common starting point is to make the obvious observation that economic activity does not have an even geographic distribution.

2 months

Sounding an Alarm on Data Mining

Back in 2013, someone going under the nom de plume of Economist Hulk wrote on Twitter (all caps, natch): "WHEN FACTS CHANGE, HULK SMASH FACTS UNTIL THEY FIT HIS PRE-CONCEIVED THEORY. HULK CALL THIS ‘ECONOMETRICS’."