December 6, 2019
The impact of the economy on our voting patterns is about much more than inflation, unemployment, and how much the GDP has grown.
The impact of the economy on our voting patterns is about much more than inflation, unemployment, and how much the GDP has grown.
Our everyday economics includes wages, externalities, productivity, income, tradeoff, taxes, fiscal policy, gender, human capital and comparative advantage.
A minimum wage hike causes labor intensive fast food restaurants to exit the market, capital intensive restaurants to enter and the number of jobs to drop.