News tagged with economic models

Why did western Europe dominate the globe?

Although Europe represents only about 8 percent of the planet's landmass, from 1492 to 1914, Europeans conquered or colonized more than 80 percent of the entire world. Being dominated for centuries has led to lingering inequality ...

dateSep 02, 2015 in Social Sciences
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Crowd wisdom economics: The bad news

( —Volkswagen is simply a better car company than Fiat. Profits are higher, and so are wages. Why doesn't Fiat just be like VW? Why doesn't Italy, for that matter, emulate Germany? Is it elites that perpetuate ...

dateMay 29, 2013 in Economics & Business
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Pig wasting syndrome costing farmers millions

Stark new figures show that a common pig virus, present on 99 per cent of pig farms has major economic implications for individual farmers and the pig industry as a whole, costing British farmers as much as £84 per pig (if ...

dateMar 26, 2013 in Other
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