By Michel A. Bell | April 10, 2020 Supporting businesses during the pandemic means supporting workers. Businesses like other institutions are vehicles, mere shells with people who decide every aspect. The left complains that government shouldn’t support companies. The left is anti business and pro worker, but that’s an unsound position. If you are pro worker,… Read More »
Jay Hancock & Elizabeth Lucas (Kaiser Health News) | March 11, 2020 In one of the most sweeping moves yet by a nonprofit hospital system to reduce aggressive bill collection, VCU Health is halting seizure of patients’ wages and removing thousands of liens against patients’ homes, some dating to the 1990s. “Health care needs to be… Read More »
By P Mathivanan | January 13, 2020 Distinction between Bitcoin and Currency of Central Banks What is the difference between central bank authorized currency and Bitcoin? The bearer of central bank authorized currency can merely tender it for exchange of goods and services. The holder of Bitcoins cannot tender it because it’s a virtual currency not… Read More »
By Richard Brody | November 26, 2019 Have you ever wondered, why, some houses, sell quickly, while many other, similar ones, seem to sit, on the market, for a considerable period of time, and/ or, fail, to sell? As a Real Estate Licensed Salesperson, in the State of New York, for nearly 15 years, I have… Read More »
By James Gaius Ibe | July 10, 2019 How do firms mitigate adverse selection and moral hazard derivative of asymmetric information? How do hidden characteristics or profiles exacerbate adverse selection? How do hidden actions and material changes in behavior exacerbate moral hazard? The answers to these strategic questions are critical to effective formulation and execution of optimal adverse… Read More »
By Julius Probst | July 12, 2019 More than ten years on from the global financial crisis and economies around the world are still struggling to fully recover. The latest data is not promising. International institutions such as the OECD, IMF and World Bank have all recently downgraded their growth forecasts for the current… Read More »
By Harley Shaiken | July 12, 2019 H. Ross Perot famously had a way with words that galvanized ordinary Americans and helped him become the most successful third-party candidate since 1912. He hurled one of his most well-known lines during a 1992 debate with Bill Clinton and George H.W. Bush when he assailed the North… Read More »
By Nathan Jensen | July 10, 2019 U.S. states and cities hand out tens of billions in taxpayer dollars every year to companies as economic incentives. These businesses are supposed to use the money, typically distributed through economic development programs, to open new facilities, create jobs and generate tax revenue. But all too often that’s not… Read More »
By Steven Pressman |July 01, 2019 The U.S. economy likely surpassed an important milestone last month: Americans are now experiencing the longest economic expansion in the nation’s history, assuming the data still being collected bears this out. This is certainly good news and something to celebrate. But, as an economist who focuses on income inequality,… Read More »
By Cristian Gherhes, Chay Brooks & Tim Vorley | June 26, 2019 The recent collapse of British Steel highlights the vulnerability of towns like Scunthorpe in England’s north-east to industrial decline. With 4,500 jobs on the line, its dependence on a single industrial giant – and the inherent vulnerability when this collapses – is obvious. Yet this… Read More »