The bankruptcy of Detroit in 2013 shocked the country due to its sheer size, but was also fairly expected given the decline of the…
USC Economics Review Posts
Ten years ago, few people believed that playing video games as a competitive professional sport could become a billion dollar industry. Yet this is precisely…
In August of 2018, the Trump administration introduced new conditions on billions of dollars in foreign aid spent through the UN and other multinational agencies.…
In 2004, reports surfaced of a new mineral in Serbia. Analysis from the Museum of Natural History in London confirmed that the mineral was previously…
Although China was hit hard by the Great Recession, its economy rebounded very quickly. Why?
The political reunification of Germany in 1990 moved at an astounding pace. Integrating the two regions economically, however, has proven to be far more difficult, and this process will certainly be ongoing for years to come.
Every country has a comparative advantage, the ability to produce some sort of good or service and produce it well. The United States, for example,…
USC Professor Richard Easterlin
In the final week of 2017, Argentina’s Merval index, the most important index of Argentina’s stock exchange, hit the 30,000 point mark for the first…
One of President Trump’s main promises on the campaign trail was to crack down on free trade in the name of protecting American businesses, particularly…