Addressing climate change could cost the U.S. in the trillions of dollars in the future. How the nation will finance such a costly venture is yet to be determined. The upside of these expenditures is an increase in economic activity and GDP. The downside is that the economic activity might not improve the next generation’s standard of living significantly because a significant amount of human and produced capital will be devoted to fighting the effects of climate change.
Supply Chain Management
The Logistics Managers Index (LMI) is a monthly metric of logistics activity in the United States, as measured by a survey of supply chain professionals.
Trump Administration Labels China a “Currency Manipulator”: What’s behind the accusation, and who’s right?
Is China a currency manipulator? This article explains the meaning and implications of the term “currency manipulator” and reviews the history of the RMB/USD...