Category Archives: Dr. Mulli’s Economics Blog

China’s Property Bubble or Strategy

Mombasa leaders protest failure to end insecurity Mombasa Governor Ali Hassan Joho (R) and County Commissioner Nelson Marwaon June 1, 2014. Business, religious and civil society leaders as well as ordinary people in Mombasa say they are tired of insecurity … Continue reading →

Bolivia raises minimum wage by 20% President Evo Morales agreed to meet the unions’ demands to raise the minimum salary by 20% Continue reading the main story Bolivia will raise the minimum wage by 20%, President Evo Morales announced on … Continue reading →

  By Robin Harding in WashingtonAuthor alerts The number of Americans in work has surpassed the pre-recession peak, recording four straight months of growth above 200,000 for the first time in 14 years, as the world’s largest economy bounces back. … Continue reading →

Backlash meets Uhuru’s move to take salary cut Former Prime Minister Raila Odinga (2nd left) with Senators George Khaniri (left),Moses Wetangula (2nd right) and Budalangi MP Ababu Namwamba (right) during the fundraiser for matatu accident victims at Musitinyi primary school … Continue reading →

Massive water find in drought-stricken Kenya The discovery of 200 billion cubic metres of freshwater raises questions as to who will control it. Miriam Gathigah Last Modified: 15 Sep 2013 11:13   Kenya is a chronically water-scarce country with 17 million people … Continue reading →

By Drake Bennett  September 05, 2013 Photograph by John Francis Peters for Bloomberg BusinessweekBehind this week’s cover Every weekday morning in Okpo, a former fishing village near the heel of the Korean Peninsula, the streets fill with men and women—on bicycles, motorcycles, … Continue reading →

http://www.forwardprogressives.com/obamas-socialism-seems-to-be-working-out-pretty-well-for-capitalists/ The overall cost and benefit equation for society can be best measured through the Gini coefficient. This coefficient can be used to measure the concentration of wealth as well as the distribution of wealth. Wealth inequality will run much higher … Continue reading →

Ronald Wittek/AP Photo Andreas Vosskuhle, second left, presiding judge of the German constitutional court is flanked by other judges, from left, Peter Huber, Gertrude Luebbe-Wolff and Herbert Landau as he announces their verdict on the permanent eurozone rescue fund in … Continue reading →

http://www.medalspercapita.com/#medals-per-capita:2008 Economic Sense If labor is the source of the wealth of nations (Adam Smith) from this we can extrapolate that there is a positive correlation with population, and GDP. “The annual labor of every nation is the fund which … Continue reading →