No longer is economic theory merely a glorified way of using mathematics to tell allegories about the world- now it has practical engineering applications

Economists are starting to think like engineers

Business Standard

educational loans

Enrolment at four-year for-profit colleges is in free fall, dropping 13.7 per cent from fall 2014 to fall 2015

America's great college boom is winding down

Free trade agreements not undercutting India's exports to China: Study

Why is China making this proposal? One possibility is that the government is afraid that the trade war is having a chilling effect on the country's economy

Trade war: Vow to erase trade surplus with US by 2024 may be China's bluff

Bloomberg

It's important to note that the economics profession isn't in universal agreement about the issue

Challenging the monopolies

At Rwanda, India to help seal global climate deal on refrigeration gases

Renewable energy technology is already unstoppable

The next big climate-change battle starts in India

investment, retirement, higher returns

For a model to retain currency it must include new, emerging risk factors

When to send an investing model into retirement

Japan is not just a source of crucial financial resources - its history of managing to build infrastructure even while being a strongly democratic country can serve as a source of inspiration

Noah Smith: Why Japan is crucial for India's infrastructure push

Americans are worried about robots taking their jobs. Japanese people should be salivating at the prospect.Japan continues to power ahead in the field of robotics. Although Japanese companies have lost their dominance in fields such as consumer electronics and semiconductors, in robots they remain supreme. Japanese companies hold 50 per cent of the global market for manufacturing robots and 90 per cent of the market for robot parts.In fact, Japanese companies' enthusiasm for robots goes way beyond industrial automation. Corporate and government leaders are fond of declaring that as the country ages and labour becomes scarce, robots will take over many jobs now held by humans, such as elder care.But there's something even better than robots that could replace large numbers of Japan's human jobs: nothing.Japan is a country famous for its low white-collar productivity; this is borne out by the statistics. Some of that comes from the reluctance by tradition-minded companies to adopt modern

Noah Smith: Even a robot shouldn't do these jobs

There is a possibility that the tech-stock market will turn down. But the current situation looks very little like the dot-com bubble of the late '90s

Noah Smith: A tech bubble or just a mistake?

Forget anecdotes, there is quantitative evidence showing that economics is uniquely biased against women

Noah Smith: Economics is a dismal science for women

Since China has more than four times as many people as the US, it would take an astonishing catastrophe to stop it from becoming No. 1