ask alexa

Dear Alexa, My friends and I went to the movies last weekend, and at the end of the night I realized I paid more for my popcorn, soda and candy, than I did for my actual movie ticket! Why are movie concessions stands so expensive? Please Explain! Kate Well Kate,... [read more]
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EconLife.com connects economics to everyday life, current events and history.

blog: the economic life

The place is Inner Mongolia. The city is Ordos. Actually, within 18 miles, there are two Ordos. One looks like a normal city. Built with stimulus money, the second Ordos looks complete except for one detail; there are no people. The apartments are empty, the offices, and the streets are empty.
The results? China’s GDP growth remains near 8%.

Is this like the New Deal