The third possibility is the most intriguing: Both data sets are broadly correct. G.D.P. really is booming — but it is being ...
There are thinkers throughout history who offer grand overarching explanations of economic growth. Karl Marx was an economic ...
These four pillars are the best antidote to the idea of the “vibecession”—a state defined by persistent negative “vibes” and ...
This paper examines a growth model with endogenous consumption, labor-leisure, and fertility. A fertility choice variable capturing both the quality and quantity of the family size enters the utility ...
Antonio Navas does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...
Despite their opposing ideologies, they may well offer valuable insights into the future of country Just a few years ago, China's rise to superpower status seemed inexorable. Today, many independent ...
Forbes contributors publish independent expert analyses and insights. Bill Conerly connect the dots between the economy ... and business! China has enjoyed phenomenal super-charged growth in recent ...
UNTIL 1700 the world economy did not really grow—it just stagnated. Over the previous 17 centuries global output had expanded by 0.1% a year on average, a rate at which it takes nearly a millennium ...
Good ideas don’t always outcompete bad ones. But willful foolishness usually has a cost. So it is with modern monetary theory. Ironically, this basket of economic fallacies, embraced by policymakers ...
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