Why does competition between hiring firms make the wage equal the value of marginal product of labor? Why is the minimum wage not correlated with the cost of living? Why do most modern societies try to reduce poverty? Why does private equity even exist as an economic model?
The earliest insightful analysis was delivered by Henry George in his 1879 book Progress and Poverty. He sought to explain why poverty exists notwithstanding widespread advances in technology, even where there is a great concentration of wealth such as in cities. In his observa...
And sweatshopsnot only reduce poverty, but they also provide empowerment for women. Research has shown that work in sweatshops delays marriage and pregnancy for women and girls, and also increases their school enrollment. Poor women in developing countries are among the most vulnerable people on the...
Why does inflation exist? Why would it be bad to have less consumerism? Why does the neglect of the formal economics matter for sustainability? Why do cigarettes have a negative income elasticity of demand? (a) Why should marketers consider ethics? (b) Are these concerns vital, or unnecessary...
Not only does he have a hard time getting to school, but Junior also has trouble with the people at school. His peers look down upon him because of his poverty, and his race. On page 63, Junior says “So mostly, they called me names. Lots of names” (Alexie 63). This is ...
打个比方就好比每天晚上你的电脑或者手机要进入维护模式,进行磁盘碎片整理(memory 的转移和索引),安装固件更新漏洞补丁(增强免疫系统功能)之类的,喝醉昏睡过去大概就等价于强行拔掉电源——虽然两种情况电脑都黑屏了,但是第二天重启的时候立刻就会知道区别很大。而熬夜晚睡则相当于长期运行内存效率低下、没有补丁的“裸奔...
Why are some people born in different countries and placed into poor families with poverty? One question I believe never will be answered with a reasonable answer is why do babies die? Babies are the most innocent beings that are ever created they never created har or a problem to anyone ...
Q: What are the major challenges to meeting the goals? A:Poverty does still exist in China, albeit only 3 percent of the population. Based on other countries' experiences, the most difficult phase in poverty eradication is normally when number of people living in poverty accounts for less tha...
the 60s. And people are too busy to play sports. Society has become fragmented and a lot of the things that used to bring people together don't exist anymore. But, you know, we're tribal animals – pack animals –...
Woody Allen: “Money is better than poverty, if only for financial reasons.” Barack Obama: “Money is not the only answer, but it makes a difference.” Voltaire: “When it is a question of money, everybody is of the same religion.”...