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In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
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Tag Archives: Number of Hours Worked
COTD: Working Hours To Buy iPhone
The World Economic Forum reports, How many hours must you work to buy a new iPhone? It varies dramatically around the world, reflecting disparities in productivity and purchasing power. According to a 2015 report by UBS that aims to measure … Continue reading
Posted in Apple, Charts, Uncategorized
Tagged affordability, iPhone, Number of Hours Worked, Technology
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Italy Works Over 20% More Hours Than Germany and France
The stereotype of lazy southern Europe and the hard working North is just not reflected in the data. We came across this BLS data set over the weekend which was very enlightening and, in part, smashes this widely held generalization. … Continue reading
Posted in Black Swan Watch, Employment, Euro, Sovereign Debt, Sovereign Risk
Tagged Empl, France, Germany, Italy, Number of Hours Worked
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