Economic Growth

Growth is crucial for a market economy. Econlife looks at the different microeconomic and macroeconomic variables that affect growth like human capital, technology, and natural resources and monetary and fiscal policies.

  • wind turbine solar panel electric pylon energy

    Diminishing the Worldwide Energy Gap

    Sep 21, 13 • 885 Views • No Comments

    Last summer, President Obama announced a $7 billion Power Africa initiative that targets sub-Saharan Africa.  Its goal is to create the infrastructure that will extend electricity to more than 20 million households. Partnering with 6 other nations, the US...  [read more]

  • Cost of the QE3

    Monetary Policy: The Cost of QE3

    Sep 20, 13 • 727 Views • No Comments

    Quantitative easing began and continues in front of a computer. If you had visited the Fed when QE1 was being implemented, you would have seen several people, daily, sitting in front of a computer, selecting securities and then buying them. Keeping track of...  [read more]

  • chickens-in-natural-environment

    Chicken Productivity

    Sep 19, 13 • 791 Views • No Comments

    Sometimes byproducts can become surprisingly useful. Scraps: Believing that their chickens could be tastier, NYC’s priciest restaurants are sending their table scraps to the farmers who raise their poultry. D’Artagnan, the wholesaler that...  [read more]

  • Luxury Cars Out to Pasture

    Global Economic Growth: From Meat to Luxury Cars

    Sep 18, 13 • 792 Views • No Comments

    For many of us, becoming  more affluent first means more meat and then maybe a washing machine. Imagine a spending ladder in emerging market nations like the BRICs–Brazil, Russia, India, China. At each rung, spending surges and then flattens at that...  [read more]

  • beer-suds-soap-suds

    Emerging Markets: Beer and Dishwashers

    Sep 17, 13 • 985 Views • No Comments

    In emerging markets, just when people start to drink less beer, they buy more dishwashers. According to the American Association of Wine Economists (yes, really), as individual incomes rise to $22,000, so too does beer consumption. Then though, when wine and...  [read more]