How Exactly Do We Determine Recessions?
There seems to be this idea that just won’t go away — that two or more quarters of negative economic growth mark a recession....
History of Urbanization, 3700 BC – 2000 AD
This map visualizes the history of urban settlements over 6,000 years. The data shown in the map comes from a Yale-led study published...
Ha-Joon Chang: Economics Is For Everyone!
Really interesting stuff (“This is the video economists don’t want you to see!”): ‘Economics is for everyone’, argues...
The Debt-Deflation Theory of Great Depressions
Following the Wall Street Crash of 1929 and the Great Depression, Irving Fisher developed the theory that recessions and depressions are...
What If There is No ‘Secular Slowdown’?
In light of the big rise in the June payrolls, I wanted to offer some broader context about the economy. Understanding the swings of...
How U.K. and Europe Might Relate After Breakup
The U.K. and Europe can’t exactly go their own ways once their divorce is finalized… Source: Bloomberg
China spends more on economic infrastructure annually than...
Source: McKinsey Previously: Building Infrastructure: China’s Global Reach, June 3, 2013 Building Infrastructure:...
St Louis Fed: Enter the Regime
Philippa Dunne is one of the editors of The Liscio Report, an independent research newsletter focusing on the U.S. labor market, debt...
Can This Economy Take a Punch?
One of the main signs of the health of the global and U.S. economies is its ability to absorb a blow, and shake it off. At least...