The Tragic Reality of Brain Drain on Poor Cou...

China’s position as the world’s factory is shifting. Growth is slowing to approximately 4-5%, wages are rising, the workforce is shrinking due to an aging population, the property crisis is weighing on GDP, and Western tariffs are restricting exports. For decades, China produced ...  Show more

Home ownership is now unattainable in every major city worldwide. For the first time, none of the 95 cities tracked by Demographia are considered affordable. In cities such as Hong Kong (14.4 times income), Sydney (13.8 times), Vancouver, London, and San Francisco, housing prices ...  Show more

Up here, in what used to be called the "1st World", the pandemic has focused economists' minds on what can be done to change our thinking after Covid has passed. M.M.T. sets out new economic opportunities  ...  Show more

Many of the jobs that keep the world running — like cleaning bathrooms, picking up trash, caring for the elderly — pay so poorly that workers can barely make ends meet. Nonprofit leader Zeynep Ton is intent on changing that, showing why everyone wins when companies pay their peop ...  Show more

Doctors and nurses get most of the attention — but a new study suggests we can improve health care by raising wages for a group of workers who are often overlooked. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of perso ...  Show more

Pourquoi les pays riches en pétrole finissent-ils souvent dans la pauvreté ?

C’est le paradoxe de la malédiction des ressources : quand la richesse naturelle devient un poison économique. Aujourd’hui, on décrypte ce concept fascinant avec les exemples du ...