Stolper-Samuelson Theorem

Dani Rodrik offers a nice insight into one of the most remarkable theorems in international trade (link).

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Difficult Times in Andhra Pradesh

Andhra Pradesh was once seen as a state with good governance by Indian standards. In recent years, the problems seen with Satyam, attempts to harass Nimesh Kampani, etc. have led many to question the quality of governance in Andhra Pradesh. Today, John Elliott has an important article in the Financial Times on the difficulties . . . → Read More: Difficult Times in Andhra Pradesh

FedEx Reports Jump in Package Deliveries

FedEx reported Thursday that it shipped 1,000,000 more packages than expected on Monday — which it anticipates will be its peak shipping day this holiday. The firm reported that this year’s busiest day is up 17% from its busiest day last year.

FedEx CEO, Fred Smith further observed that their business has now observed . . . → Read More: FedEx Reports Jump in Package Deliveries