Economy

In an area with dozens of empty store fronts and several hundred thousand sq ft of empty space, a new strip mall is approved for construction. A rational market??

Nobel Prize winners Duflo and Bannerjee take on idealized views of markets. They target the role of financial incentives, markets as self-correcting, efficient and ethically sound.

The Visual Capitalist added another graphic exampl —>> read more –>>

Robert Reich is continuing his series of brief You —>> read more –>>

It’s Time to Break Up Facebook, by Chris Hughes, the co-founder of Facebook is very thorough in describing the current monopoly behavior of Facebook, the deleterious effects on competition and vigor in the economy of monopolies, and a great introduction to the history of anti-trust movements and legislation in the US.

Robert Reich provides us with an accessible, brief analysis of why the rich and corporations are feasting while the rest of us experience the rigors, oppression, and discipline of the capitalist marketplace. Only a bit over 4 minutes long.

The Dalio Critique of Capitalism – Part One Ray Da —>> read more –>>

In our continuing effort to find varied sources to —>> read more –>>

We have written earlier (for example our article T —>> read more –>>

“Women are almost half of the workforce. They are the sole or co-breadwinner in half of American families with children. They receive more college and graduate degrees than men. Yet, on average, women continue to earn considerably less than men. In 2017, female full-time, year-round workers made only 80.5 cents for every dollar earned by men, a gender wage gap of 20 percent.”