Why Are Yields on U.S. Treasury Bonds Rising? The fluctuations could have huge impacts on the U.S. and global economy. The yield on the 30-year U.S. Treasury bond—effectively, the rate of interest on U.S. government debt—peaked last week at 5.33 percent, ... See more
Germany’s Rhine River Is Drying Up The economic damage is just one of the consequences. The Rhine River recently reached a depth of only 21 centimeters in the German town of Kaub—the lowest reading since Germany started keeping records at that gauge in 18... See more
What the Cockroach Movement Says About the Indian Economy Young college graduates are struggling to find jobs. When India’s chief justice referred to unemployed youth in India as cockroaches earlier this year, that became the rallying cry for a new politi... See more
What Homer’s ‘Odyssey’ Tells Us About the Economics of the Bronze Age The epic poem describes events around the sacking of Troy. As one of the most popular works of literature of all time, as well as the subject of the current most popular movie in the wo... See more
Andy Burnham and the New Manchesterism The economic philosophy of Britain’s latest prime minister. Andy Burnham took office as Britain’s prime minister this week promising to apply the economic program he calls Manchesterism, which he developed in its nam... See more
