Kirkcaldy, a small town on Scotland’s east coast, is a nice place. But aside from a small alleyway, Adam Smith Close, the ...

The Changing Wealth of Nations (CWON) 2021 offers a comprehensive wealth database from 146 nations which spans from 1995 to 2018. The wealth data includes a range of assets. For example, one can ...

Why are some nations rich and others poor? Can the governments of poor nations do something to ensure that their nations become rich? These sorts of questions have long fascinated public officials and ...

The Nobel economics prize was awarded to Daron Acemoglu, Simon Johnson and James Robinson, who provided new insights into why there are such vast differences in prosperity between nations. Acemoglu ...

How we value groundwater influences the decisions, innovations, investments in how it is managed. A new World Bank report, “The Hidden Wealth of Nations,” examines the economics behind this precious ...

Written 249 years ago, the Declaration of Independence encapsulates our principles of freedom and independence. It emphasizes the natural rights of all citizens to enjoy life, liberty and the pursuit ...

America is a rich country with a lot of poor people. Around 22 million people, nearly 1 in every 15 of us, are estimated to have assets worth at least $1 million. Our population of paper millionaires ...