There's a plausible argument that from the point of view of investors, firms are too risk-averse.
"The Kerner report was the final report of a commission appointed by the U.S. President Lyndon B. Johnson on July 28, 1967, as a response to preceding and ongoing racial riots across many urban cities, including Los Angeles, Chicago, Detroit, and Newark.
The 750 billion euros stimulus plan announced by the European Commission has been greeted by many macroeconomic analysts and investment banks with euphoria.
Why are monopolies bad? In a standard intro-econ textbook, the problem of monopolies is that because of the lack of competition, they can reduce output from what it would otherwise be, jack up prices, and thus earn higher profits.
Economists tend to see discrimination as based on actions of individuals, who in turn are interacting in markets and society.
What is the appropriate balance of taxes and spending between the central government of a country and the subcentral governments--in the US, state and local government?
Responses to the pandemic have shifted many patterns: online education for both K-12 and higher ed, online health care consultations, online business meetings, and telecommuting to jobs.