The tourism industry of the United States is experiencing a sharp reversal. Media organizations like CNN and CNBC have described […]
Economics
Trump Attacks Goldman Sachs CEO Over Tariff Predictions
Donald Trump launched a sharp public attack on Goldman Sachs chief executive David Solomon and accused the Wall Street leader […]
Food, Housing, and Health Care Costs Create Widespread Stress Among Americans
A survey by The Associated Press-NORC Center for Public Affairs Research shows that rising costs of basic needs remain a […]
Scuba Diving Tourism: Positive Economic and Environmental Impacts
An international study, published in Cell Reports Sustainability in July 2025, investigated the impact of scuba diving tourism in the […]
The Different Definitions of Sustainability
“Sustainability” originates from the word “sustain,” which means “to support,” and the word “sustainable,” which corresponds to something that can […]
Trump Tariffs Not Working: U.S. Trade Deficit Surged in May 2025
The trade deficit of the United States sharply rose in May 2025 and reached USD 96.6 billion. This is an […]
The Economy of Vatican City Explained
How does the economy of Vatican City work? What are the economic activities? How does it earn revenues? What are […]
Characteristics of Monopolistic Competition
Monopolistic competition is one of the four major types of market structures. It sits alongside perfect competition, oligopoly, and monopoly. […]
J-Shape Revisited: Human Development and Fertility in the United States
Population growth was observed in societies with advancing economies. However, over the recent decades, economists and demographers have grown to […]
Beyond Group Identity: How Economic Need Shapes Social Cooperation
Parochial altruism refers to the tendency of individuals to favor those in their own group while acting less cooperatively toward […]