“Say ‘Cheese!’”
This is how the famous Missouri cheese cave came to be; its existence is a testament to the failure of the government to adequately oversee markets in the long run.Continue Reading
This is how the famous Missouri cheese cave came to be; its existence is a testament to the failure of the government to adequately oversee markets in the long run.Continue Reading
Transitioning from a linear to a circular food economy stands as a pivotal solution to address the pressing problem of food waste. This collaborative endeavor holds promise not only in mitigating environmental challenges but also in enhancing food security, fostering economic growth, and paving the way for a sustainable and resilient future.Continue Reading
The Stripper Index, named for how it relates the revenue generated by strippers’ cash tips to the financial strain of consumers and the current economic cycle, though it encompasses all forms of sexual labor, has been mostly a joke to economists as they continue to explore different methods of predicting the economy. However, when X user and stripper @botticellibimbo correctly predicted the economic decline in 2022 based on her recent profits at work, economists began to examine the Stripper Index more closely.Continue Reading
Ultimately, this game of panda tug-of-war seems to be a manifestation of the boiling pettiness between two prominent global superpowers.Continue Reading
While the Nordic model may not be completely suitable for other countries, or even sustainable in the long-term, it can still inform our understanding of how other regions around the world can be improved. Key ingredients for its success thus far, such as social cohesion and low levels of inequality, are phenomena to study, and potentially emulate, that could benefit individuals worldwide.Continue Reading
Macroeconomic theory suggests that without any outside intervention, the macroeconomy will self-adjust and return to its long-run state after short-term shocks. The decision for policymakers thus boils down to a cost-benefit analysis taking into account factors like intertemporality and risk tolerance — they can either wait and allow the economy to adjust organically, or sink resources into actively trying to stabilize the economy, taking on the risk of further destabilizing it.Continue Reading
As the world reels from OPEC’s announcement of an unprecedented petroleum production cut, let’s take a few moments to examine OPEC and its role, as well as how America can protect its national and consumer interests by reducing its dependence on foreign fuel sources.Continue Reading
Ethereum’s Merge is late at best and irrelevant at worst. The blockchain space is rapidly changing, and Ethereum is not keeping pace.Continue Reading
It seems that even in a bearish economy, there is still more money chasing innovation driven by limited, bright minds. Perhaps that might not come as a surprise. There are hundreds of different parts of aging that need to be better understood, and every few weeks, a discovery revolutionizes various fields of research and methodologies.Continue Reading
Despite the political backlash and uncertainty for the macroeconomy brought upon by their plan, the Biden Administration remains steadfast in its argument that it is a vital step for Americans in the ultimate goal of solving the student debt crisis. Moreover, they believe it to be an efficient and sustainable solution — they maintain that because of the high default rates for student loans, the actual cost of the debt forgiveness plan will be lower than the theoretical expectation; however, the specifics of that value have proven to be difficult to calculate. Continue Reading
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