Businesses with negative or negative earnings are still generating revenue despite the recession, according to a CNN Money article.Businesses that experienced a downturn in revenue and profitability during the Great Recession are still paying their workers and customers, and are making money, according CNNMoney.That’s because, during the recession period, businesses were forced to pay their […]
Tag: normative economics news
Business Insider: How the U.S. economy has been improving for three decades
CNBC is reporting that business investment in the U-18 age group has been rising in recent years.The U.K. also reported a decline in U.N. data last week and the number of students in the UK’s secondary school system fell by 7 percent.
The Economist’s new ‘sensible’ policy review is a mess
In an article published on Friday, The Economist published a new ‘Sensible Policy Review’ on how to make the world a more sustainable place.In it, the publication’s president and chief economist, Daniel Kahneman, wrote:”The Economist is deeply concerned about the fragility of the world economy and the risks of the rapid pace of technological change […]
How China’s economy is a big mistake
China’s economic miracle has come to an end.But that doesn’t mean we should take China’s problems lightly.As the world’s most populous nation, China is by far the most important economic engine on the planet.Its enormous, growing economy, and the fact that its leaders have been able to hold onto power for so long means that […]
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