As a clinical psychologist, one issue I find alarming, but has barely been discussed, is the possible effect this will have on the mental health
- By Alan Austin
Americans seeking wisdom about the state of their economy will gain little insight from mainstream economics writers. They are like detectives called to investigate an assault. They note boot prints in the garden, the broken living room window and the smell of gunpowder. But they fail to observe the three dead bodies.
The United States may regard itself as a “leader of the free world,” but an index of development released in July 2022 places the country much farther down the list.
In simple terms, digital money can be defined as a form of currency that uses computer networks to make payments.
There are certain product changes that businesses can and do make to try to quietly fold increased costs into prices. Here are three to look out for
A new economic model would need to be win/win, far different from the win/lose paradigm under which we’ve been operating.
- By Kate Bayliss
An extremely dry July has led to drought status being declared in many areas, while 3 billion litres of water are lost through leakage every single day.
Forgiving student debt is not a slap at anybody; it's righting a moral wrong inflicted on millions by Reagan and his morbidly rich Republican buddies.
- By Nicholas Li
Inflation is one of the most pressing political and economic issues of the moment, but there are many misconceptions about how inflation is measured, where it comes from and how it impacts the average person.
It’s an odd quirk of history that, on the first day of his ill-fated presidential campaign in March 1968, Robert F Kennedy chose to talk to his audience about the limitations of gross domestic product* (GDP) – the world’s headline indicator of economic progress.
The 9.1% increase in U.S. consumer prices in the 12 months ending in June 2022, the highest in four decades, has prompted manysoberingheadlines.
Back in mid 2020, it was suggested mask use was similar to seat belt wearing in cars. Not everyone wore a seat belt start straight away, but now it’s unheard of to get into a car and not put it on.
Whiteness is a modern, colonial invention. It was devised in the 17th century and used to provide the logic for genocide and slavery.
A number of high-profile whistleblowers in the technology industry have stepped into the spotlight in the past few years. For the most part, they have been revealing corporate practices that thwart the public interest:
In the closing years of Elizabeth I’s reign, England saw the emergence of arguably the world’s first effective welfare state. Laws were established which successfully protected people from rises in food prices.
Inflation has become one of the great issues of our times. The UK’s is the highest in the G7, weighing in at 9% a year according to the most recent figures on consumer price inflation.
One recent poll suggests nearly 60 per cent of Canadians support a basic income of $30,000. In another poll, 57 per cent of Canadians agree that Canada should create a basic universal income for all Canadians, regardless of employment.
A curious thing about our profession is that when we academic economists largely agree with each other on something important, the rest of the world often completely ignores our conclusions.
If all demand for oil were eliminated and vehicles either electrified or rendered obsolete by walking and cycling initiatives, private car motorists could potentially enjoy much lower prices each time they fuel up
Reproductive health isn’t just about abortion, despite all the attention the procedure gets. It’s also about access to family planning services, contraception, sex education and much else – all of which have also come under threat in recent years.
The UK economy has a problem with its over 50s: following the COVID pandemic, they have been leaving the labour force en masse, causing headaches for businesses and the government.
Wilderness is a big tourist attraction – but do countries that protect their natural environments earn a payoff in tourism revenues?
As politicians start to make noise about inflation, we need to be careful not to accept the outdated assumption that central banks can control inflation by limiting the money supply.