More in Global Economy


6 months

What is Complexity Economics?

What distinguishes "complexity economics"? W. Brian Arthur offers a short readable overview in "Foundations of complexity economics" (Nature Reviews Physics 3: 136–145, 2021).

6 months

New Rules for Workers in the Gig Economy

US labor law divides workers into "employees," who are entitled to the coverage of certain laws like those relating to workers’ compensation, overtime pay, and the right to unionize, and "independent contractors" who are not covered by these laws.

6 months

Do Riskier Jobs Get Correspondingly Higher Pay?

The idea of a "compensating differential" is conceptually straightforward.

6 months

Economic Research Becomes a Team Sport

Coauthorship of economic research has risen considerably, and it's probably past time to think more seriously about the tradeoffs involved.

6 months

Inflation, Money And Supply Bottlenecks

“The constant refinancing of debt from companies of doubtful viability also leads to the perpetuation of overcapacity because a key process for economic progress, such as creative destruction, is eliminated or limited”.

6 months

Can Policy Tame Credit Cycles?

There's an often-told story about why economies go through cycles of boom and bust that goes like this.

6 months

First In, First Out – China as a Leading Indicator

·        China was the first country to recover from the Covid-19 pandemic