More in Global Economy


4 years

The World Economy Through a PPP Lens

When comparing the size of economies, you need to use an exchange rate to convert the GDP of one country, measured in its own currency, to compare with the GDP of the other country. But what exchange rate to use? 

4 years

Interview with Amartya Sen: Economics with a Moral Compass?

The just-released Annual Review of Economics (2020, volume 12, pp. 1-21) leads off with "Economics with a Moral Compass? Welfare Economics: Past, Present, and Future," by Amartya Sen, Angus Deaton, and Tim Besley.

4 years

The U.S. Economy Is Stronger Than The Eurozone

The United States is showing resilience and strength compared with other leading economies worldwide. 

4 years

The Pandemic Effect on World Trade: Some Early Data

The World Trade Statistical Review 2020 from the World Trade Organization is an annual report which is mainly focused on detailed data for trade patterns from the previous year.

4 years

Slavery and the History of US Economic Growth

Slavery was both a set of economic arrangements and also a raw authoritarian human rights violation.

4 years

A Gentle Case for Paying Kidney Donors

Simon Haeder makes a gentle case, nudging the undecided to consider the possible of paying kidney donors, in "Thinking the Unthinkable: Buying and Selling Human Organs" (Milken Institute Review, Third Quarter 2020, pp. 44-52).

4 years

Federal Reserve Assets Explode in Size

The Federal Reserve is reinventing itself in plain sight, again. Here's a figure from the Fed website, "Recent Balance Sheet Trends."

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