In 2017, its trade as a percentage of GDP rose above 200% - the highest level for any country of over 50 million people, according to World Bank data.
It's time to move away from the cruelty and competition of consumer capitalism toward a more cooperative society.
To end the worst stagnation in living standards since the Great Depression, the country needs to be bold.
More Americans reported being better off than worse off as compared to five years ago. Check our infographic for more facts, and see how you compare.
A basic look into economic abuse and the different forms it may take.
If the principle of national sovereignty is incompatible with the policies of economic nationalism, national conservatives have a problem.
Intergenerational upward economic mobility—the opportunity for children from poorer households to pull themselves up the economic ladder in adulthood—is a hallmark of a just society. In the United States, there are large regional differences in upward social mobility. The present research examined why it is easier to get ahead in some cities and harder in …
While theory is important, I suspect most people are more likely to be convinced by real-world evidence. This is why I frequently compare nations when arguing that free markets and small government are the best way of generating prosperity.
Such incentives are often available to acquiring companies or merged entities, but getting the most out of them requires close attention.
"Social Capital" is one key factor influencing economic mobility.
This is what an economic collapse looks like, and it is just getting started...
"...the more government spends - i.e. the more it takes from wealth generators - the more it weakens prospects for a recovery..."
In developing VC markets such as the Midwest, some may think that funding from the government or economic development organizations are a godsend for local entrepreneurs. Startups are often looking...
A new study asks: Can countries meet citizens' needs without over-consuming resources?
Despite the left's new rhetorical strategy, higher taxes don't create economic prosperity. They never have. They never will.
11 Things I’ve Learned about Economic Development During my still active career in economic and community development, I’ve learned quite a few things. Some, but not all, are listed below. These ar…
A healthy America requires a broad prosperity that goes beyond GDP statistics and stock-market valuations. More Americans need to hold jobs with growth in wa...
Economics has been reduced to meaningless numbers in Pakistan and these numbers aren’t even telling us a coherent story. The only story they tell us is that the government doesn’t...
Declaring an end to neoliberalism, new thinkers are playing down the constraints of deficits, inflation and incentives.
Researchers have discovered factors that may help economic mobility.
I always accuse Chinese people living in America of living in an Asian bubble. Only talking to people who are just like them and never expanding their social network to the outside world leaves them in this bubble. In real life it is not exactly like that but it sure seems like it. However, I …