News Snapshot:
The Olympics medals table was again dominated by the biggest countries like the US, which finished top. But how would the table look if population and wealth were taken into account? When it comes to counting the medal spoils, there is a strong sense of deja vu. Every four years, the same few countries rack up medal after medal – the US, China, Russia – and Tokyo 2020 was no different. The US won 113 medals total, including 39 golds, the most of any country. So what makes countries like the US dominate, while others lag behind? Economists and data...
