Market Discipline leads to a Better Economy
…our results show that in a fast-growing economy like China, there is a cleansing effect of labour market standards. Minimum wage growth allows more productive firms to replace the least…
…our results show that in a fast-growing economy like China, there is a cleansing effect of labour market standards. Minimum wage growth allows more productive firms to replace the least…
…many economists and analysts that lower prices will lead to lower output and so balance supply and demand is not quite true. Consequently, lower oil prices will only leads to…
…recipe that gets me regarding the “free market” and “competition”. Chocolate in Britain has a higher fat content; the first ingredient listed on a British Cadbury’s Dairy Milk (plain milk…
…and in so doing prevent big deviations of prices from fundamental values. These two things could be related, but aren’t the same — a market in which an individual investor…
…problem exists because they don’t incorporate the primary way that net worth (wealth) is accrued: market revaluation of existing assets, a.k.a. capital gains. Market runups increase private-sector assets, without increasing…
…old college graduates purchasing automobiles and with student loan debt retreated from the market place at a faster pace than those without student loan debt. It is only recently have…
…tighter standards for receiving unemployment insurance. I think it is just that the labor market is authentically tight. The Job vacancy rate is roughly tied for the highest on record…
…a couple of years back and her efforts to regulate the derivatives market as the head of the CFTC. Greenspan, Rubin, Summers, Gramm and others fought to block her and…
…implication is that all the world, every facet of the human experience, is not a stage as Shakespeare wrote; but a market, a market where rational beings make rational choices…
…and should be strengthened. And other antitrust enforcement and proposed legislation, such as to decrease the market chokehold of the major transportation companies and Big Ag, would make a significant…