How Microfinance Is Used – First World Application

Costco is glorious. I remember as a kid sitting in the cart and getting piled in massive boxes as my mom stocked up for the pleasure of having us kids running around all summer free from the prison that is school. Otter pops and bagel bites for days. Costco is often dubbed the “$200 dollar store” because […]

What we know about Shanghai is wrong

Perhaps you have seen the picture below. It truly is remarkable that in roughly 20 years the Shanghai skyline changed so dramatically and it has often been used as a symbol of China’s roaring economic and political power ascendancy.  I myself have used the picture in passing to reference the larger Chinese economic growth miracle […]

Economics of ISIS

The Atlantic put out an article in September about the working of the ISIS economy. High taxes in a highly oppressive state. It is working for now but how will this play out? What does history show about such economic tactics? ISIS cannot be easily compared to other states but there are some significant parallels. Economics is […]