Posts Tagged ‘economic growth’

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    What If More People Wore Eyeglasses?

    Jun 10, 12 • 393 Views • No Comments

    We could say that eyeglasses are like bookends when they relate to economic growth. Our story starts during the 13th century. Before the spread of eyeglasses, the work life of skilled craftsmen usually ended when they could no longer see close objects...  [read more]

  • Vacuum cleaner.

    Home Economics

    May 29, 12 • 316 Views • No Comments

    What if we think of a household as a production unit that does child care, gardening, cooking and cleaning? And, if the work in the home is “outsourced” when people hire a nanny, a housekeeper, a gardener or do take-out for dinner, then the GDP reflects...  [read more]

  • Our Transportation Infrastructure is Crumbling

    Cars and the Middle Class in Developing Nations

    May 26, 12 • 418 Views • No Comments

    What does it mean to be middle class? For a developing nation like China, income might be the key. If someone earns between $10 and $50 a day, then that person is middle class. Or perhaps you just need to be able to buy a tall macchiato at a Starbucks or a...  [read more]

  • In NYC and China, developers are building smaller apartments.

    Living Solo

    Apr 18, 12 • 382 Views • No Comments

    I’ve just started to count the people I know who live alone. School friends, relatives, neighbors. Some are in their twenties and early thirties, unmarried. Others are divorced. Several are widowed. 31 million of us live alone. Almost one-third of all...  [read more]

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    Panamá’s Economic Puzzle

    Apr 17, 12 • 298 Views • No Comments

    By Mira Korber, guest blogger. Just two days ago I bought a plane ticket to Panamá City International Airport in Tocumen. I will be participating in a classical music festival there, somewhat ironically studying music from centuries past as brand-new...  [read more]