Tags » Basic Economics
Since 2010, we were inundated with reports and studies from various groups that argued that the new mandates in Obamacare would drive up the cost of health insurance. 637 more words
What do Jeffery Sachs (economics professor at Columbia), Bill Gates, the Pope, Donald Trump and Republicans in Congress have in common?….. Economic ignorance!
Why are pronouncements by people with authority rarely challenged?….. 1,428 more words
Is raising the minimum wage a good idea? Where would the money come from for the higher wages? Would job creators be able to afford to pay people more for the same level of productivity? 542 more words
Part 2 – The Lesson Applied, Chapter II – The Broken Window 247 more words
Part I, Chapter I – The LessonThe lesson:
The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in the tracing of consequences of that policy not merely for one group but for all groups.350 more words