The post-pandemic world economy seems likely to be a far less globalised economy, with political leaders and publics rejecting openness in a manner unlike anything seen since the tariff wars and competitive devaluations of the 1930s. …
Jean Piaget( developmental psychologist) he pointed out something very interesting. He said imagine you ran a set of iterated games as a competition, and the rule in one iterated game was you bloody well do what i tell you to and the other one is well, get together and decide…
Schools are key to strategies to end the coronavirus lockdown — but reopening them is just as much an economic decision as an educational one. And the debate over when the students should go back to the classroom highlights the often unacknowledged truth that schools are as much about childcare…
There’s a lot of pressure in life to find your “dream” job. Not only is it a career you love in an impressive, competitive industry, it easily pays the rent and bills too. But if this sounds too good to be true, you may be right.
Lots of us had…
If you have not heard any proposals for a “universal basic income” (UBI), you will soon. Under a UBI, the federal government would send each American (including children, in some plans) a monthly check of, say, $800 or $1,000 to cover basic needs. A couple would receive $20,000 per year…
Lets take your primary reason for taxing the richest of the rich. When you chart and compare the middle class worker’s earnings to a billionaire, you say that there is a drastic weath gap and reset to the assumption that taxation will be the most viable solution to your unfortunate…
It’s very easy for politicians to say “Healthcare is a right!”, “Medicare for all!”, “Free healthcare!”. Before we monolithically nod our heads this distorted utopia, why don’t we first ask ourselves, what is healthcare? If you get sick, really really sick, you don’t just want healthcare, you want QUALITY healthcare…
We are taught in school that the concept of economics is run by demand and supply. From our first econ 101 class, we are told the concept of buying and selling are the core actions taken place when running an economy. Whether it’s the consumer, producer, or the government, everyone…
