Posts Tagged ‘India’

  • eye chart_000016156136XSmall

    What If More People Wore Eyeglasses?

    Jun 10, 12 • 630 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]

  • Our Transportation Infrastructure is Crumbling

    Cars and the Middle Class in Developing Nations

    May 26, 12 • 615 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]

  • Everyday economics and Shake Shack

    (Mc)Wages Around the World

    May 21, 12 • 5885 Views • No Comments

    It can be tough to compare wages around the world. While lots of people could be called iPhone assemblers or auto workers or t-shirt makers, depending on the country, factory conditions, time off, the work day, all really differ. Not for McDonald’s. At......  [read more]

  • Tea bud and leaves

    Tea Leaves…Then Returns

    May 7, 12 • 549 Views • No Comments

    The Indian economy is slowing down. Maybe it’s all about the ease of doing business. Ranked #132 out of 183 countries in the World Bank’s “Ease of Doing Business Index,” India has a lot of red tape. Just starting a business involves 12......  [read more]

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    BRIC Cell Phones

    Mar 12, 12 • 1005 Views • No Comments

    The Tibetan town of Namche Bazaar has yaks, donkeys and cell phones. Located along the route to a Mt. Everest base camp, the town attracts local traders who provision climbers. With the former carrying products and the latter, market information, the animals......  [read more]