These are all examples of externalities. Sorry, if this sounds too complicated at the beginning, it will all make sense as you read along. Externalities… Read More »What does a vaccine, a park and a factory have in common?
You might have heard in the news might have heard that the US economy has contracted in the first quarter of 2022. When we talk… Read More »GDP in the US decreased in the first three months of 2022
Both gasoline and diesel prices are still up. Drivers across the US and globally are feeling pain when they visit gas stations to pump gas.… Read More »Gas prices are too high, but why?
IMF projects lower global GDP growth of 3.6% for the next two years IMF’s World Economic Outlook report published on April 19, 2022 has predicted… Read More »Global economy will slow down in 2022 and 2023. What policy measures the governments should take to get back to growth trajectory?
