1971

What happened in 1971? Sure, Elon was born, Nixon was president and Jennifer was the most popular name. But a puzzling economic phenomenon occurred that still affects our weekly paycheck. For decades, productivity and wage growth had moved in unison. For every 10% increase in productivity, wages would rise by 10%. Work hard, do more, …

With food prices leaving people hungry are we heading for riots and starvation?

Access to food should never be a luxury. It is a fundamental human right. Yet in 2020, 155 million people faced severe food insecurity. And the situation could deteriorate further. Food prices are perilously climbing to heights like those that have sparked food crises and riots in many parts of the world during the last two decades. …

What the Rich Don’t Want to Admit About the Poor

I’m not going to pretend that I know how to interpret the jobs and inflation data of the past few months. My view is that this is still an economy warped by the pandemic, and that the dynamics are so strange and so unstable that it will be some time before we know its true …

New Zealand Ranked the most Islamic country in the World according to the Islamicity index latest report.

New Zealand has been named the country that most fits Islamic ideals for the second year in a row, but the area of everyday finance is still difficult for Muslims, says a financial commentator. In the 2019 Islamicity index, released earlier this year, New Zealand is ranked first overall, followed by Sweden, Iceland, the Netherlands, Switzerland, …