Economics

What Happens When Everyone Gets a ‘Free’ Lunch? Money Problems 0
- Economics
- June 11, 2019
A yogurt company, Chobani, has picked up the tab for unpaid school lunches in a Rhode Island school district. That’s a relief to the school district, but not one likely to be replicated elsewhere. A new report finds that it would take a whole lot of dairy to fix the waste and misspent money in
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Socialism Will Always Destroy Democracy 0
- Economics
- June 10, 2019
A poll taken in February by Public Opinion Strategies found that a full 77 percent of Democrats felt the country would be “better off” if it were “more socialist.” “Democratic support for socialism appears deep,” Paul Bedard wrote in a piece for the Washington Examiner. “[Eighty] percent of ‘strong Democrats,’” he said, “believe the country
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Three Ways Capitalism Makes Workers Better Off 0
- Economics
- June 7, 2019
For several generations now, one of the loudest criticisms of capitalism is summed up by dismissively characterizing the working class under free markets as being “free to starve.” For instance, this 2017 Socialist Worker article described Marx’s critique of capitalism as a system in which “workers are free in a ‘double sense’— free to work
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Students Increasingly Are Pursuing Degrees with Better Job Prospects, Data Show 0
- Economics
- June 6, 2019
When it comes to employment data, most economists and commentators today mainly concentrate on the unemployment rate. Many seem to ignore another important measure: the underemployment rate. The Federal Reserve of New York defines the underemployment rate as “the share of graduates working in jobs that typically do not require a college degree.” Underemployment and
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AOC’s Gardening Advice Channels Mao 0
- Economics
- May 31, 2019
Alexandria Ocasio-Cortez (D-NY) wants to extend identity politics to vegetables. For Ocasio-Cortez, some vegetables are too “colonial” to grow. Community gardens are a component of the Green New Deal, and having projects “make sense in a cultural context” is important, says Ocasio-Cortez. Cauliflower and Yuca If “communities of color” are “resistant to certain environmentalist movements,”
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The Tax That Closed 3,600 Doctors’ Offices 0
- Economics
- May 31, 2019
A UK tax policy intended to soak the rich has caused highly specialized physicians and surgeons to retire early, depriving more than a million citizens of their services. A new report details the extent to which progressive taxation has harmed British patients. The NHS is in a state of perpetual crisis characterized by doctor shortages,
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