economics

Technological Advancements: o The rise of technology and automation increased productivity but also displaced certain types of labor, particularly in manufacturing.

o Capital investments in technology led to higher returns for investors and owners of capital.

In a stark contrast, our report shows that higher tariff barriers in deficit countries like the United States only have a minor impact on global imbalances. This is because tariffs act as a negative supply shock in the tariffing countries. They reduce both investment, which is less profitable, and savings to smooth the income shock—leaving current

which of the following advanced currency areas had the fastest rate of broad money supply increase per capita over the past twenty years? The United States, Euro Area, or Japan?

Most people would probably guess Japan, since their central bank has been the epic printer.

The answer is actually the opposite. Japan grew their broad money supply far more

They are right. Labor may be cheap, but capital is free. It may even have a negative cost.

We are coming towards the end of the 4Q results season and the results so far have been muted. In terms of revenue growth, 4QFY25 will likely be the 8th consecutive quarter of single-digit growth. Of the companies that have reported so far, revenue growth has totalled 7% YoY, down from ~8% in the preceding two quarters.

Capex spending for AI contributed more to growth in the U.S. economy in the past two quarters than all of consumer spending , says Neil Dutta, head of economic research at Renaissance Macro Research, citing data from the Bureau of Economic Analysis. [emphasis mine]

But increasing agriculture output further was no trivial feat. The key limitation that farmers had faced throughout history was nitrogen in the soil. Plants require nitrogen for growth, the element is a significant component of chlorophyll and amino acids. Soil nitrogen, however, is produced at the whim of nitrogen-fixing microbes that live in the

Before the war, the European tungsten market resided in Hamburg, where more than 2000 tons of concentrated ore was sold annually. This was remarkable, considering Germany produced, at best, one percent of the world’s tungsten ore. Indeed, most of the world’s tungsten ore was being mined in parts of the British Empire, but more than half of global

Robert Habeck should take some cues from the fate of Desertec. Politically motivated grand projects are not known for strong governance structures. Governmental ministers can mobilize large quantities of money, but they don’t have accountability for a financial or broader economic return on that money. That leads to attrition and waste in the best