More in Global Economy


6 months

Is a Recession Defined as “Two Negative Quarters”?

The US economy is likely to show negative growth of its gross domestic product for the first two quarters of 2022.

6 months

Labor Economics: Layoffs, Hiring Freeze, Job Cuts & Productivity

Shopify recently announced a 10% layoff of its workforce. Facebook, Google and Microsoft recently went with a hiring freeze. Several other companies have cut jobs.

6 months

Labor Economics: Productivity, Housing Market, Mortgage & Trade Deficit

In 2021, the National Low Income Housing Coalition released a report, Out of Reach: the High Cost of Housing, where they stated that “a full-time worker needs to earn an hourly wage of $24.90 on average to afford a modest, two-bedroom rental home in the U.S. The Housing Wage for a two-bedroom home is $17.65 higher than the federal minimum wage of $7.25, and $6.12 higher than the national average hourly wage of $18.78 earned by renters. In 10 states and the District of Columbia, the two-bedroom Housing Wage is more than $25.00 per hour.”

7 months

Carbon Pricing and Coverage Around the World

The global movement toward carbon pricing is partial and halting, but real. 

7 months

Global Overpopulation Circa 200 AD

Global population is now 7.96 billion.

7 months

Can the US Continue to be an Outlier in Long Term Care?

As the population ages, it seems plausible that more people will rely on long-term care.

7 months

Learning Loss During the Pandemic

A few months ago, I ran across a comment from a K-12 educator talking about students who had fallen behind during the pandemic.

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