Trucking, Uber, and an Economic Recession?

Trucking, Uber, and an Economic Recession?

At the end of September, Bloomberg posted a piece about domestic heavy-truck sales plummeting suddenly. The Bureau of Economic Analysis released a report that showed August of 2016 experiencing a sales drop of 29% when compared with the same period in 2015, which was...
How Big Data is Impacting Economics

How Big Data is Impacting Economics

When you break it down to simple terms, the field of economics at it’s core is about math and people. Nowadays, you might want to add that it’s about math, people, and “big data.”   Economics is the branch of knowledge concerned with the production, consumption,...
What is the Brexit, Exactly?

What is the Brexit, Exactly?

The “Brexit” -a portmanteau of “Britain” and “exit”- is the discussion centering around the upcoming referendum, a vote on June 23rd wherein everyone of legal voting age can vote either “yes” or “no” on one single question: Should Britain leave the European Union? The...
Britain on the Brink of Debt Crisis?

Britain on the Brink of Debt Crisis?

New figures from the Bank of England shows that British households are borrowing more than £1bn a month for financing. While the buying of new cars, holiday travel, and other spending is good for the local economy, can encourage growth, and may also stimulate the...