Posts Tagged ‘land labor and capital’

  • Emerging markets cows India

    Emerging Markets: Cow Economics

    Oct 12, 13 • 336 Views • Businesses, Demand, Supply, and Markets, Developing Economies, Economic Humor, Labor, Thinking EconomicallyNo Comments

    Think of dung cakes and milk and calves as output. And feed and veterinary fees and milking time as input. The result is a new image of a cow. Compiling data from Northern Indian villages, researchers from Penn and Yale concluded that even though a cow is an...

  • safety net..16712_5.28_000006090065XSmall

    China’s Social Safety Net: Who Will Care For Grandma?

    Jul 5, 13 • 312 Views • Behavioral Economics, Developing Economies, Economic Growth, Economic History, Labor, Macroeconomic Measurement, RegulationNo Comments

    Last year, a 77 year old Chinese woman sued her daughter and son-in-law for neglect. She won. Ruling that the children had to visit their mom at least once every 2 months and provide financial support, the court supported China’s “filial...