post image

What is a recession?

The UK is in its third recession since the global financial crisis of 2008, with the economy shrinking by 1.2 per cent last month and the unemployment rate rising to 12.4 per cent.It has also become the world’s fifth-largest economy.Key points: Unemployment rate has risen to 12 per cent, up from 11.4% a year ago.The

post image

How to get the word out about China’s economic growth

China has surpassed the US as the world’s biggest economy for the first time in history, according to new data from the World Bank.China’s gross domestic product (GDP) rose 1.9 per cent last year to $16.5 trillion.The US grew by 0.7 per cent, and India by 0:1, while China’s growth has been stronger than those

post image

How to use the PPP index

The PPP Index is an index of US business investment.It shows how much firms invest in research and development, production and distribution, and marketing.It measures the performance of US firms over a 20-year period.The PPC indexes American business spending and consumer spending, and is also used to gauge US employment.The PPP has had mixed results

post image

How to be a productive entrepreneur

In a recent column for New York magazine, I outlined how to become a productive entrepreneurial.For a long time, I assumed that the key to success as a startup founder was to have a clear, concise set of goals that you could achieve in your free time.But I recently realized that my assumptions were wrong.The

post image

Venezuela faces recession, shortages, soaring prices

Venezuela’s economy has entered a recession, the government and economists say, with inflation climbing to nearly 20 percent.The Venezuelan economy is expected to shrink by 6.5 percent this year, the most severe slump in living standards in a decade.The crisis is fueling a trade war between Venezuela and the United States, with President Nicolás Maduro

post image

How to get ahead as an economist

This article is by Dan Shaughnessy.It has been written and published by Shaughnesses.It is published here with permission.You can find more of his work at Dan Shauseth’s blog, The Economics Job, or his website, TheEconomics Job.This article was originally published on May 21, 2017.It was republished on May 29, 2017 with permission from Dan Shau.

post image

How to deal with the Trump administration

“This is not going to be a happy time,” Trump adviser Stephen Miller said Tuesday.“It is going to make the world a better place.”The president is seeking to roll back environmental protections, dismantle the Dodd-Frank financial regulations and roll back the Environmental Protection Agency’s (EPA) efforts to regulate carbon dioxide emissions.He is also threatening to