Trade

Babson College and the London School of Business have released the 2005 Global Entrepreneurship Monitor. Jonathan Moules reports for the Financial Times:

Dominic Wilson and Roopa Purushothaman of Goldman Sachs dream about where the economies of the BRICS (Brazil, Russia, India, China) will be in 2050. Some projections:

Tokyo had Godzilla; New York had King Kong. But will Beijing ever be taken seriously as a great world city before it is destroyed by a giant monster?
Imagethief's post is a lot of fun,…

Emeka Okafor asks:
Does fair trade really change anything or just make Western consumers feel good? Tyler Cowen suggests:

To move cash the few score miles between Mogadishu, Somalia's lawless official capital, and Jowhar, the seat of its transitional government, a local money-vendor has to pay $6, 000. For that…