Image by Brad Templeton, via Coyote Blog
I want to like trains. I like riding them, both here and abroad. You can get work done while sitting on the train; you don’t have to worry about traffic jams or bad driver behavior, let alone parking. They’re good for the environment and make life easier on everyone, right?
Oil prices are levitating; as a result, everyone is freaking out about food. Food prices, that is, which threaten to increase more (and cause riots, and shortages, and all those other fun aftereffects) as oil climbs the stairway to heaven…. Read more
The British Council and European Community have launched the latest version of MIPEX, the Migrant Integration Policy Index. It measures how well immigrants can access the labor market, gain status as a full-time resident, participate politically,… Read more
Image: John/Wikimedia Commons Libya exploded last night. Protesters, tired of not seeing their country’s wealth trickle down, burned and looted in Tripilo, the country’s capital. At least 200 people are reported dead, and Dictator Moammar… Read more
Last quarter, US GDP grew 2.5%, thanks to consumers spending more on goods and services; companies building up inventory; companies buying factories, equipment, software, and other space (M&A activity?); less imports, and higher federal government… Read more
Image: PRA Lest you forget that the weather can throw a wrench into the economy, rubber trees in Asia have been getting rained on too much during the past year, meaning rubber products are going way up in price soon. The Financial Times… Read more
This Tuesday and Wednesday, the Fed will unleash a second round of quantitative easing (increasing the money supply) geared at jolting the economy back into action. After failing to keep unemployment at bay and stabilize falling prices, the Fed… Read more
We like to call ourselves the richest country in the world, but the 2010 Legatum Prosperity Index has different ideas. The Prosperity Index factors in both money and citizen wellbeing in its rankings. It “finds that the most prosperous nations in… Read more
Image: Flagstaffotos.com.au/Wikimedia Today is Blog Action Day 2010. The theme is water, that innocuous liquid that also happens to be an absolute requirement for any human civilization to survive. It’s a very relevant theme, and one that is… Read more
Federal Reserve Board nominee Peter Diamond, under whom Ben Bernanke studied; Dale Mortensen and Christopher Pissarides have won the Nobel Peace Prize in Economics. Marginal Revolution has an excellent summary of Diamond’s works. MarketWatch… Read more
Image: o2ma/Flickr Tuscany’s Forte dei Marmi is the kind of resort where the ultrawealthy spend €100,000 on a villa rental or €1,000 for a dinner reservation. As in many resort towns, local citizens have been forced out by skyrocketing real… Read more
Visual Economics has an eye-opening infographic on what BP could have done with the money it lost through the Gulf oil spill (click on it to enlarge and scroll sideways):… Read more
The International Monetary Fund (IMF) has projected that the global economy will grow 4.6% this year, 0.4% more than its initial projection. That’s the most growth since 2007, according to Bloomberg, which has the story: Canada and the U.S…. Read more
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