Economics Explained News Today

In today’s edition: Big economic trends for 2024; a new HR policy for Army; a snow-less Gulmarg; and more

QCOSTARICA -- This is the last of Chris Clarke’s four articles on how economic statistics deceive us. Here he considers attempts to remedy the flaws in using GDP to measure economic progress and the evolving approaches. Inflation At the time of writing, many governments are boasting that they have avoided recession. Remember that recession is…

In this article for The Reasonable Man, I begin a series of discussions about economic data. We rely on this data. Yet much of it is false and misleading. If the data is false, so are the conclusions we draw from it. In every country, politicians, business leaders and spin doctors manipulate economic data. International…

Economies are like universes - they just keep expanding, and making everything better as they do. Right? This animated explainer by the World Economic Forum and TED-Ed takes a closer look.

GDP measures economic growth, but what measures happiness? This quick and compelling animated explainer takes economics back to the drawing board.

<strong>Economics Explained</strong> | A look at why this doomsday scenario could potentially go in two different directions.