More in Global Economy


5 months

China’s Vanishing Trade Surplus

When you think of China, images of R95 face masks, deserted streets and makeshift hospitals no doubt come to mind.

5 months

US Population Growth at Historic Lows

The 2010s are the slowest decade for population growth in US history, slower even than the 1930s.

5 months

1957: When Machines that Think, Learn, and Create Arrived

Herbert Simon and Allen Newell were pioneers in artificial intelligence: that is, they were among the first to think about the issues involved in designing computers that were not just extremely fast at doing the calculations for well-structured problems, but in designing computers that could learn from their own mistakes and teach themselves to do better. Simon and Newell shared the Turing prize, sometimes referred to as thfe "Nobel prize in computing" in 1975, and Simon won the Nobel prize in economics in 1978.

5 months

Homelessness, Temperatures, Shelter Rate, Bed Rate

How does the homelessness situation vary across states? Brent D. Mast offers some basic facts in "Measuring Homelessness and Resources to Combat Homelessness with PIT and HIC Data" (Cityscape, vol 22, no. 1, published by US Department of Housing and Urban Development, pp. 215-225).

5 months

Durable Goods Orders Show Extent of Weakness

US durable goods orders came down 14.4% (vs 11.8% expected) to $213 billion in March, the weakest number since 2014.

5 months

The Oil Market Is Broken

OPEC and its partners have been cutting production since September 2016.

5 months

Import or Invent: Is It Worth Swallowing The Cost Of R&D?

Importing products, relabeling them with your own brand, and selling them for a very large turnover can be a tempting prospect when you're first starting a business.