What distinguishes "complexity economics"? W. Brian Arthur offers a short readable overview in "Foundations of complexity economics" (Nature Reviews Physics 3: 136–145, 2021).
US labor law divides workers into "employees," who are entitled to the coverage of certain laws like those relating to workers’ compensation, overtime pay, and the right to unionize, and "independent contractors" who are not covered by these laws.
The idea of a "compensating differential" is conceptually straightforward.
Coauthorship of economic research has risen considerably, and it's probably past time to think more seriously about the tradeoffs involved.
“The constant refinancing of debt from companies of doubtful viability also leads to the perpetuation of overcapacity because a key process for economic progress, such as creative destruction, is eliminated or limited”.
There's an often-told story about why economies go through cycles of boom and bust that goes like this.
· China was the first country to recover from the Covid-19 pandemic