Let’s be real — Day 3 got a bit too technical. Here’s the version that makes sense. 🤔 Ever wonder how AI can recognize faces, predict the weather, or translate languages? It might feel like magic, ...

This study examines the influence of international trade on income inequality within the Southern African Development Community (SADC) by employing the Ordinary Least Squares (OLS) Panel Fixed Effects ...

Not so long ago, the argument over globalisation was seen as done and dusted—by parties of the left as much as of the right. Tony Blair’s 2005 Labour conference speech gives a flavour of the time. “I ...

School of Business and Management, Xiamen Huaxia University, Xiamen, China. In this paper, we adopt the CSI 300 index futures to discuss the Samuelson effect and dissect the hedging results under both ...

Why is trade conducted between countries? The short answer to that question is that "the exchange of goods and services between countries is mutually beneficial." The bottom line is "mutual benefits." ...

This week “The Economist explains” is given over to economics. For each of six days until Saturday this blog will publish a short explainer on a seminal idea. ECONOMISTS can usually explain the past ...

IN AUGUST 1960 Wolfgang Stolper, an American economist working for Nigeria’s development ministry, embarked on a tour of the country’s poor northern region, a land of “dirt and dignity”, long ruled by ...

Paul Samuelson, who died yesterday, aged 94, was probably the most influential American economist of the 20th century. Certainly, no thinker did more to turn economics from a scattered selection of ...

Paul A. Samuelson, the first American Nobel laureate in economics and the foremost academic economist of the 20th century, died Sunday at his home in Belmont, Mass. He was 94. His death was announced ...

Wolfgang F. Stolper, 89, an economist whose work included a theory used to explain the effect of international trade on wages, died Monday in Ann Arbor, Mich., during surgery to clear a blood clot.