But there is another more common usage of the term "rent" that explains the rise in inequality another way. This refers to any return over and above what would occur if a market were perfectly competitive. One example is monopoly power that occurs naturally or that is due to government acti...
Economics Explained Let’s Begin… Can we call any economy “healthy” in the face of dwindling resources and growing inequality? What if we cut off our addiction to endless growth, and used a new compass for modern prosperity? One such compass is known as “doughnut economics,” which aims...
liberals say, but it really isn't much of a race when some have been training for years while others couldn't even afford a pair of running shoes. As Teddy Roosevelt explained in 1910
Welfare capitalism is going through a deep crisis, and alternative models to welfare state capitalism such as liberal socialism and property-owning democra
is one of the most respected analysts of domestic and international economic policies. You can find both his critique and my very short reply on the bottom (in the comments section) of the original articlehere. My point in the reply was to argue that the main principles of neoliberal ...
The identity of the people with their homeland is also important, as one politician explained us: "This has been neglected and if you destroy a settlement area, the cultural landscape, that is not only the individual house, but it is the village, it is the network, it is the landscape....
What is the sociological imagination and can this be use to understand contemporary issues? How do you derive the Aggregate Demand curve using Keynesian Economic Model? What are the manifest and latent functions of Karl Marx's theories?
The statistical evidence appears in general to support the hypothesis that the level of crime in Europe during the time period under study can be explained by the level of immigration in the context of country-wide sociodemographic factors. Results show that the homicide rate is significantly ...
We simulated over 200 cities worldwide to investigate how the street network affects vehicle routes. We demonstrate that there is a ubiquitous super-linear relationship between time and distance when optimal route are chosen. More precisely, the average
In this study, spectral Granger causality analysis is employed to investigate the spectral dynamics of uncertainty transmission and its impact on economic growth and financial development in Saudi Arabia from 1993 to 2020. We examine the relationships between crude oil volatility, geopolitical risk, glob...