HIGHLAND PARK, Mich. (WWJ/AP) – Continued slumping enrollment has forced the Detroit enclave of Highland Park to close its only high school, an emergency manager appointed by the state said Thursday. 440 more words
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Can governments defy the basic economic principle of scarcity? : The genesis of the World’s Debt Crises
In the field of economics scarcity is considered the basic concept which arises because people have unlimited wants and limited resources. For instance, theoretically a government only has limited resources available to finance its expenditures on items such as the military, education, healthcare and the construction of infrastructure. 579 more words
In Franz Kafka’s parable Before the Law, a poor man from the country seeks access to the law. To do so, he must gain entry from a gatekeeper. 586 more words
TOPEKA, Kansas (AP) – Republican leaders in the GOP-dominated Kansas Senate have cancelled a debate over raising taxes to close a state budget shortfall.
Senate Majority Leader Terry Bruce confirmed the decision shortly before the debate was to begin Thursday. 91 more words