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Economics

  • Zoom’s Acceleration Isn’t Slowed by Red Tape

    Zoom’s Acceleration Isn’t Slowed by Red Tape0

    Founder and current CEO emeritus of Visa, Inc., Dee Hock once said, “From no more than dreams, determination, and the liberty to try, quite ordinary people consistently do extraordinary things.” Yet in the fight against COVID-19, many “ordinary people” have been blocked from doing “extraordinary things.” Due to government regulations, too few people have been

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  • J.M. Keynes’ Dreams of a Eugenic Future

    J.M. Keynes’ Dreams of a Eugenic Future0

    Economic Possibilities for our Grandchildren ranks among the best-known contributions in the economic writings of John Maynard Keynes. First prepared as a lecture for schoolchildren in 1928, the article predicted a coming age of leisure and economic abundance in the not-too-distant future. The economist’s century-long prophecy of a 15-hour work week, attained through scientific ordering

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  • Is the US Too Dependent on China for Medical Supplies?

    Is the US Too Dependent on China for Medical Supplies?0

    The COVID-19 coronavirus – which originated in Wuhan, China, and turned into a pandemic across the globe – should spur America to examine its options as it relates to China’s outsized role in this country’s medical supply chain, some experts say. Amy Anderson, an assistant professor of nursing at Texas Christian University and the University

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  • Advanced Degrees Bring Higher Starting Salaries – but Also Higher Debt

    Advanced Degrees Bring Higher Starting Salaries – but Also Higher Debt0

    People with a master’s degree or doctorate can bank on a much higher starting salary than those with the same major but only a bachelor’s degree. That’s according to a recent survey of employers by the National Association of Colleges and Employers. We reached the same conclusion about the payoff for advanced degrees in a

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  • Covid-19: Just the Facts

    Covid-19: Just the Facts0

    Given the spread of misinformation about Covid-19, Just Facts is providing a trove of rigorously documented facts about this disease and its impacts. These include some crucial facts that have been absent or misreported in much of the media’s coverage of this issue. The U.S. Centers for Disease Control and Prevention emphasizes that “this is an emerging, rapidly evolving

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  • The Myth That the President and the Fed Direct the Stock Market

    The Myth That the President and the Fed Direct the Stock Market0

    If you own stocks, you’re probably searching for explanations about the sudden bear market. The answers you find likely start with an event: what the Fed does, what President Trump does, or what the coronavirus does. For example, last week, news stories conflated a speech by President Trump with the market decline: “The president’s prime

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