Real World Economics: The USPS, a bypass and a little history
There's a brouhaha over a special U.S. Postal Service program to serve remote settlements in Alaska. Costing some $ 76 million, paid for by everyone buying postage, the program doesn't affect the national economy. But it highlights issues we face as we …
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What Stiglitz Misses On Inequality: The Responsibility Of Economists
Take the case of the Nobel Prize winning economist, Joseph Stiglitz, who this week offers his final entry in the New York Times' series, The Great Divide, with the conclusion that inequality is not inevitable. The United States that was once a “shining …
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