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Australia is on the brink of a housing collapse that resembles 2008

April 14th, 2019 at 2:03 pm » Comments Off

The U.S. has been an “island of stability” as economic woes grow all over the world. Other such islands exist, too. Australia is high on the list. The last Down Under recession was 27—yes, 27—years ago in 1991. No other developed economy can say the same. The long streak has a lot to do with […]



Looking to the future, public sees an America in decline on many fronts

April 1st, 2019 at 11:41 am » Comments Off

Majorities predict a weaker economy, a growing income divide, a degraded environment and a broken political system Public is broadly pessimistic about the future of AmericaWhen Americans peer 30 years into the future, they see a country in decline economically, politically and on the world stage. While a narrow majority of the public (56%) say […]



Study suggests a key assumption of economic theory may be wrong.

March 1st, 2019 at 12:15 pm » Comments Off

The concept of equilibrium, one of the most central ideas in economics and one of the core assumptions in the vast majority of economic models, may have serious problems, concludes a study from the Institute for New Economic Thinking at the Oxford Martin School.



The end of work: The consequences of an economic singularity

February 20th, 2019 at 12:22 pm » Comments Off

Today, we are no longer confined to what nature or natural intelligence must offer. From the steam engine to electricity and digital transformations to artificial intelligence, molecular manufacturing and bioengineering, each new transformative innovation has brought us a new (man-made) way of doing things in ways that nature did not provide for. As new ways […]



Chart: The World’s Largest 10 Economies in 2030

January 21st, 2019 at 12:40 pm » Comments Off

  The Chart of the Week is a weekly Visual Capitalist feature on Fridays. Today’s emerging markets are tomorrow’s powerhouses, according to a recent forecast from Standard Chartered, a multinational bank headquartered in London. The bank sees developing economies like Indonesia, Turkey, Brazil, and Egypt all moving up the ladder – and by 2030, it […]



Future of Work : The new age of employment