"The reality is that some professions – due to technological, social or cultural advancements have gone the way of the dodo. Although labor shortages and unemployment aren't an issue specific to any single industry, these issues are no more prevalent in the retail sector."
"...This expression fundamentally disturbs my understanding of economics and in exploring the term and its implications and after due consideration I wonder if we can either correct the language being used or restrict the referencing of MMT to fiat forms of money..."
The science of human action, better known as praxeology, is of a different character than the physical sciences. It is our best explanation of...
"Just because the observations are correct does not mean that the prescriptions will automatically be correct as well. It’s the difference between the facts and the arguments," writes Killian Hobbs in this week's Bad Arguments
"When it comes to calculating our fair share, we would need surely to assess the benefits of how society is arranged and the ways we inherit and gain from the aspects that fall to our favor, no? Frankly, no."
"...Much of the complaints come from the rising levels of listed Amazon employees that are participating in the SNAP program. There's an issue here too. Amazon has come out and stated that the majority of those listed on the program are either part-time workers, or previous workers that are being accounted in that year. So in effect Amazon is being judged for their part-time workers, or people who don't even work for them anymore..."
I’d like to start this article off by saying this: as the vast majority of people that come here to get information, I fully...
"The UK’s Attorney General, Geoffrey Cox, has assured that negotiations with the Union will carry on and a deal will be settled before the final meaningful vote on the withdrawal bill on the 12th, before the official leaving date of the 29th," writes James Smith
"If your goal is to create a prosperous society that manages scarce resources efficiently, then it’s time to kill the Canada Summer Jobs program and all other “make work” programs."
Capitalism as we know it is pretty simple, free-market economics operating in a democratic society with some regulations. This is essentially western capitalism. Capitalism...