Not So Dumb as Economists, Part 1
…comes, though even then it would only work to eradicate discrimination from the whole industry if the industry was essentially a competitive one. If the industry is not sufficiently competitive,…
…comes, though even then it would only work to eradicate discrimination from the whole industry if the industry was essentially a competitive one. If the industry is not sufficiently competitive,…
…$196 billion. Secondly, the ACA raises another $750 billion, primarily by collecting new fees from the health care industry (which can afford the fees because it will have so many…
…no time were recent increases in premiums connected to actual payouts. Rather, they reflected the well-known cyclical phenomenon called a “hard” market. Property/casualty insurance industry “hard” markets have occurred three…
…financial services industry if the general investing public believed the EMH. If anyone took it seriously when investing (as opposed to when writing academic articles) then the financial services industry…
…ban, but that has been politically difficult, possibly because of the patent bar’s interest in the matter and those in the technology industry who fear that bans on tax strategy…
…“need” the industry collectively seems to experience for bail-outs, it is clear that something is wrong; a well-functioning financial system should not require regular, large-scale bail-outs. Here is the first…
…the steel industry being a recent example of American Rebirth.) Economists us the phrase “creative destruction” to explain it, even though there is very little creative and a lot of…
…in buildings. For direct end-use of coal, that is almost all in industry, particularly the cement industry (residential use has fallen to about 80 million tonnes). Given many saturation effects…
…directly to industry investors’ bottom lines, resulting in a small charge to everybody and a huge gain to the industry investors It would be very simple for Congress to pass…
…industry payroll. Manufacturing weekly hours, 41.5 hours per week in May 2010, recovered 5% off the low of 39.4 hours in March 2009. Furthermore, May 2010 set a ten year…