Crowd wisdom economics: The bad news

(Phys.org) —Volkswagen is simply a better car company than Fiat. Profits are higher, and so are wages. Why doesn't Fiat just be like VW? Why doesn't Italy, for that matter, emulate Germany? Is it elites that perpetuate ...

Relaxed trade rules boost African development, study finds

(PhysOrg.com) -- Often thought to be hobbled by corruption, poor infrastructure and a weak financial system, African exporters rose to the opportunities presented by a U.S. trade liberalization policy, a recent University ...