The Division of Labor and the Diminution of Man - Econlib
The elderly patient presented with difficulty walking. The patient was referred to an orthopedic surgeon, who traced the problem to osteoarthritis in the patient’s hips, knees, and feet. An otolaryngologist saw the patient and diagnosed a malfunction of the inner ear, the organ of balance. A consultant neurologist determined that the patient was suffering from […]
The dollar is surging. This is who gets helped — and hurt — by its newfound strength
The U.S. dollar is the strongest it has been in 20 years. As it strengthens, other currencies — like the pound — weaken. That's good news for U.S. consumers and importers but bad news for others.
India considers curbs on exports of 100% broken rice
India, the world's biggest rice exporter, is considering whether to restrict exports of 100% broken rice, government and industry officials told Reuters on Friday, after the paddy area has been reduced by a lack of rainfall.
EXPLAINER: What's the impact of euro parity with the dollar?
The euro has hit parity with the dollar , falling to its lowest level in 20 years and even skirting just below a one-to-one exchange rate with the U.S.
Sri Lanka's crisis cripples once burgeoning middle class
COLOMBO, Sri Lanka (AP) — Miraj Madushanka never thought he'd need government rations to ensure his family could eat two meals a day, but Sri Lanka’s economic crisis, the worst in its history, has recast his life and those of many others in its burgeoning middle class.
Biden orders emergency steps to boost U.S. solar production
WASHINGTON (AP) — President Joe Biden ordered emergency measures Monday to boost crucial supplies to U.S. solar manufacturers and declared a two-year tariff exemption on solar panels from Southeast Asia as he attempted to jumpstart progress toward his climate change-fighting goals.
Teaching Economics: Classroom Trading Game (Gains from Trade)
Get your students engaged in econ with a classroom trading game. As trade expands, wealth increases, allowing students to experience for themselves the power...
Palm oil is in half your groceries. Here's why prices might shoot up
Indonesia will start restricting exports of palm oil this week, a move that could make the global food crisis worse and push up the prices of hundreds of consumer products.
Why Global Supply Chains May Never Be the Same | A WSJ Documentary
Every day, millions of sailors, truck drivers, longshoremen, warehouse workers and delivery drivers keep mountains of goods moving into stores and homes to meet consumers’ increasing expectations of convenience. But this complex movement of goods underpinning the global economy is far more vulnerable than many imagined. Photo illustration: Adele Morgan
More from the Wall Street Journal:
Visit WSJ.com: http://www.wsj.com
Visit the WSJ Video Center: https://wsj.com/video
On Facebook: https://www.facebook.com/pg/wsj/videos/
On Twitter: https://twitter.com/WSJ
On Snapchat: https://on.wsj.com/2ratjSM
#SupplyChain #Documentary #WSJ
Texas keeping most truck inspections despite border gridlock
One of the busiest trade ports on the U.S.-Mexico border remained effectively closed Wednesday amid new orders requiring extra inspections of commercial trucks.