New answers tagged economy
4
votes
What has changed in the last decade that causes tent cities to spring up?
There's a lot to unpack here, so let's start at the beginning.
Too many people assume that homelessness is mostly/mainly/completely because of mental health issues or drug use issues. That's simply ...
- 614
1
vote
What has changed in the last decade that causes tent cities to spring up?
This chart from Wikipedia explains it:
When you see four decades during which shelter cost growth is significantly higher than that of other items, you will also expect significant demographics no ...
- 9,580
16
votes
What has changed in the last decade that causes tent cities to spring up?
The answer is already in your question: "[rising prices] affect the economic tiers above them, the poor and average working class".
Basically, inflation and shortages have lead to a ...
- 23.6k
1
vote
Is this communist-like economic ideology already a thing?
Everyone knows what communism is, and generally in the real world it
doesn’t work out for the people. Communism has many flaws and after a
long while of thinking how these flaws can be fixed it became ...
- 2,064
3
votes
Is this communist-like economic ideology already a thing?
There are several religious sects that run it like this. People then live on e.g. a farm and work, and get all they need: food, clothing etc.
On the top of my mind I can't google examples, but I have ...
- 2,475
6
votes
Is this communist-like economic ideology already a thing?
Your idea sounds like a variation on the theme of
From each according to his ability, to each according to his needs
You've heard that one no doubt, popularised by Karl Marx, but it's not quite what ...
- 649
1
vote
Is this communist-like economic ideology already a thing?
I believe that you have just described late Soviet Union economy.
It did not work out in the end, for one part, since the quality (and quantity) of consumer goods produced and sold by government was ...
- 9,580
3
votes
Is this communist-like economic ideology already a thing?
You're not the first to try to improve communism and make it more humanistic, "Socialism with a human face" comes to mind. However, the core problem still remains: instead of letting the ...
- 2,133
12
votes
Is this communist-like economic ideology already a thing?
It is emphatically not the case that "Everyone knows what communism is". The term "communism" does not have a particular and precise definition that is universally accepted. The ...
- 65k
3
votes
Who described creative destruction as a process that will eventually balance the jobs created and destroyed?
I don't know who the key players/thinker in this are, but the most common meaning of the term as in use today seems to come from the so-called neo-Schumpeterian economics. They don't exactly predict ...
- 126k
11
votes
Who described creative destruction as a process that will eventually balance the jobs created and destroyed?
Schumpeter is indeed the primary source of the concept of "creative destruction."
The supplementary notion that this is a process that will eventually balance the jobs created and destroyed, ...
- 65k
4
votes
How do these contradictory claims about the US national debt square against each other?
This seems to indicate that the first source is wrong, because the US federal deficit went in only one direction (up) under all three presidents that allegedly decreased the deficit.
Well, the ...
- 126k
13
votes
How do these contradictory claims about the US national debt square against each other?
Debt and deficit are two different things. The deficit is the amount by which the national expenditure exceeded its revenue, each year. The debt is the total amount owed to other parties, accumulated ...
- 1,739
7
votes
Accepted
How do these contradictory claims about the US national debt square against each other?
You're looking at different quantities
The value "change in deficit, in percentage points of GDP" depends both on the absolute size of the deficit and the absolute size of the GDP, whereas ...
- 15.7k
3
votes
Accepted
What are the pros and cons that a new common currency for Latin America bring to the region?
It's not the issue that it won't be as stable as the dollar that's the main problem. But rather that the countries proposing to adopt it don't have much of an integrated/common market. The still have ...
- 126k
24
votes
Accepted
Why do small African island nations perform better than African continental nations, considering democracy and human development?
Overview
You don't really need anything more than random chance and the statistical anomaly that flows from specifying that the island nations be "small" to explain the pattern observed, ...
- 65k
Top 50 recent answers are included