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.
Irwin Stelzer and Jeffrey Gedmin have a wide-ranging interview with Lawrence Summers in The American Interest (May 22, 2020, "How to Fix Globalization—for Detroit, Not Davos").
Many analysts and economists are trying to predict the shape of the economic recovery post-Covid-19.
There is a huge disconnect between markets and the economic reality, and it’s fundamentally based on the view that 2020 is a lost year and therefore what investors need to think about is 2021 is a recovery year.