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When you get hit by the ‘silver bullet,’ a textbook

From the New York Times, August 21, 2021: The silver bullet is the answer to all our problems: The Nobel Prize-winning economist Joseph Stiglitz has been predicting that the US economy will be “dying” in the coming years, and that it will not be able to withstand the ravages of global warming.As he puts it,

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Trump: Trade deals can be good, but won’t bring jobs

Donald Trump has again suggested trade deals that boost domestic manufacturing jobs may be beneficial for the US economy.But Mr Trump said those who argue the US will have to abandon some of its trade agreements, like the Trans-Pacific Partnership (TPP) with 11 other countries, would not be correct.“It’s been a terrible mistake for many

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Why do some countries have so few immigrants?

Posted November 01, 2018 07:58:16A large number of people in Australia don’t have enough money to pay for housing, healthcare or a car, says a new study.Key points:The study by the National Centre for Social and Economic Modelling found a significant increase in the number of Australians living in poverty since the last Census in

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‘Bigger than Brexit’ to help Irish economy

“It’s bigger than Brexit, but it’s not a deal that I think we should be voting for.”The Irish government is aiming to pass legislation that would increase the amount of money the country receives from the European Investment Bank, which has helped stimulate the economy.Mr Higgins said it would allow Ireland to “step up our

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How to save money by cutting your costs

Quaternary Economic Activity, a term that refers to the number of quaternary resources in a resource’s physical form, is the most important indicator of the economic impact of an event or period of time.This article will examine how Quaternaries economic activity changes from one period to another, how this change varies across different resources, and

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The Ujamaa Cooperative Economy Is Going Beyond Market Demand

The Ujjamaa Company is one of the first and largest cooperative enterprises to operate in a fully decentralized system, enabling the creation of an economy of self-sufficient livelihoods.It has been building a network of cooperatives across the U.S. and Canada, from Minnesota to Colorado, since 2010.Its success is largely due to the Ujjamas innovative way

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How to save money for college: Money to spend and not to borrow

A $2,000 tax credit to help students with tuition and fees can save you hundreds of dollars over the course of the year, according to a new report from the Federal Reserve.The report by the Federal Deposit Insurance Corp. estimates that the $2.2 trillion package of tax relief, loans, and grants for students and families

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How to make money: The best ways to earn money

Financial economics is a field of study in which economists try to understand how people make their money.But there’s a big catch: It’s very hard to do.“You need to know a lot about what people do to make their living,” says Scott Molloy, an economics professor at the University of North Carolina at Charlotte.“If you

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The ‘neoclasses’ of economics: What economists actually know

The following are just some of the terms that have come to be associated with economics: elasticity, elasticity of demand, elasticities, marginal productivity, marginal efficiency, marginal costs, marginal profit, marginal rate, marginal utility, marginal rates, marginality, marginal prices, marginalis, marginal returns, marginalities, and marginal rate.The term elasticity has been used for a long time in