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Thursday, September 6, 2018

What Causes Inequality to Erupt Into Riots? Revisiting the Kerner Commission

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"The Kerner report was the final report of a commission appointed by the U.S. President Lyndon B. Johnson on July 28, 1967, as a respon...
Wednesday, September 5, 2018

How US Multinationals Shifting Income to Foreign Countries Reduces Measured GDP

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US corporations work their accounting system so that sales and profits turn up in non-U.S. jurisdictions (for example, here' s descript...
Tuesday, September 4, 2018

Regional Trade Agreements: A Popularity Nosedive

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The Doha round of the World Trade Organization talks started way back in 2001, and seems to have come to a standstill. Regional trade agreem...
Monday, September 3, 2018

The Origins of Labor Day

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[This post originally ran on Labor Day, 2011.] It's clear that the first Labor Day celebration was held on Tuesday, September 5, 1882,...

Some Economics For Labor Day

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For those who need the sweet and savory flavor of economics to accompany their end-of-summer Labor Day picnic (and really, don't we all ...

A Shorter Work Week?

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The biggest European union has managed to achieve a long-standing goal: German metal-workers can now work a 28-hour week, if  they wish. Joh...
Saturday, September 1, 2018

China and Korea Crash the Party in the Global Knowledge Economy

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For many years, when you looked at international comparisons involving research and development or patents, you could summarize global patt...