Experimenting with the invisible hand

Article Abstract:

Experimental market facilities are developing as the price of personal computers continues to drop. The simulated markets' efficiency will depend on methods and mechanisms used. The experimental projects will allow people who are new in market trading to learn from simulation.

Analysis, Economic aspects, Economic forecasting, Computer simulation

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Reaching an economic event horizon

Article Abstract:

The communist government of Calcutta, India, is hoping to attract Western foreign investment after it makes market reforms. The Marxist-Communist Party, which has been in power since 1977, may lose that power due to the failure of its economic reforms.

Foreign investments, Economic policy, India, Calcutta, India, Marxist Communist Party (India)

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Are economy watchers chasing a mirage?

Article Abstract:

Some experts believe that indicators such as the consumer price index and the unemployment rate should be used to evaluate financial well-being, while others believe that indicators such as homelessness and mortality are more accurate.

Evaluation, Column, Economic indicators

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