CONVERSABLE ECONOMIST

The "middle-income trap" is an argument that when countries have emerged from dire poverty to middle-income status, they can becom...

A typical intro-level conception of the economy points to the household sector as net savers, who then through the financial system end up f...

I'm not opposed to spending more money on fixing up roads and bridges and other physical infrastructure--indeed, it's often an inves...

One of the gentle amusements from the hours I spend editing economics articles arises when authors forget the literal meaning of their own a...

China has 75% more capacity for generating wind power than does the United States, but it actuall produces 14% less wind power. Long Lam, Le...

Back before the European Union became embroiled in how the euro was affecting trade balances and government borrowing, it was focused on a m...

We seem to be surrounded by wave upon wave of new information and communications technology. However, measured rates of productivity growth ...