Much Ado about Nothing in the Art Market
Nothing will come of nothing. Shakespeare, King Lear If, as we are often told, the aim of art is to shock the bourgeoisie, then the contemporary art scene has become positively electric of late. In the most recent aesthetic outrage, a Sardinian
The Beginning of a Journey
I had joined The Economic Transcript and an orientation session had been scheduled for us. I happened to have a long day. I was not in the best spirits when I sat before the laptop for yet another online session.At
Democracy According to The Office
It’s been said by democracy’s critics that the system is essentially two wolves and a sheep deciding what’s for dinner. But to its defenders, democracy has been described as an ethical ideal and a way of life—these conceptions nearly implying
Why the US Supports Secession for Africans, but Not for Americans
The twentieth century was a century of secession. Since the end of the Second World War, the number of independent states in the world has nearly tripled as new states, through acts of secession, came into existence. This was driven
Jeff Deist on Black Rock and the Repo Crisis
Jeff Deist and David Gornoski talk about some of the recent news and relevant topics such as the buying up of homes by Black Rock; the federal reserve’s connection to big corporations; the out of control state of the Fed’s
With Capitalism, Cooperation Is Just as Important as Competition
It has often been asserted that we should cooperate rather than compete in society. For instance, FDR said, “Competition has been shown to be useful up to a certain point and no further, but cooperation, which is the thing we
Government Schools Use Covid as an Excuse to Tighten Totalitarian Grip
While the recent clamp-down on power from public universities has mainly been in the realm of speech and expression, like almost every other government institution, they have used covid-19 as an opportunity to control students further. Original Article: "Government Schools Use
The GameStop Episode: What Happened And What Does It Mean? (CMFA Working Paper No. 005)
TheGameStopEpisode_AllanMalz_CMFAWP005 The post The GameStop Episode: What Happened And What Does It Mean? (CMFA Working Paper No. 005) appeared first on Alt-M.
Why Keynes Was Wrong about Unemployment
Large-scale unemployment is another name for a surplus in the labor market. Equilibrium is a state which markets will naturally move toward as buyers and sellers look for mutually advantageous exchanges. Firms can always get some value from additional labor,
The Nicest Folks on the Top Floor- Opinion Piece
An ever-changing world, bone-crushing pressure and petrifying uncertainty make for a tall, thirst (and dream) quenching glass of decision-making for a student. The delta of choices that opens up when a student looks at college, work, or even breakfast cereal