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http://www.csmonitor.com/World/Americas/2010/1224/Mexico-buys-corn-futures-to-ensure-tortilla-prices-remain-flat Will this work? Perhaps I am mistaken, but I thought that such speculation could at best only temporarily influence prices... That such speculation generally worked to make prices more quickly...
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[quote user="process"] This paper examines the impact of minimum wages on earnings and employment in selected branches of the retail-trade sector, 1990–2005, using county-level data on employment and a panel regression framework that allows for county-specific trends in sectoral outcomes...
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1) answered above. Gresham's Law is a variation on shortages that always arise when the government restricts the movement of prices. Murray Rothbard covers this in his 1984 video . 2) I don't know what you mean by this, but I can tell you that the market is best to decide which monies will be...
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1. This is due to artificial restrictions on entry to the profession. All unions and guilds will attempt to introduce price floors and restrict entry. Furthermore, through government fiat, non-membership in the cartel while practicing is not an option, so the economic effects of efficient health care...
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Hi guys. I'm kinda sick of my country's Keynsian atmosphere so I'm going to try writing coherent rebuttals to the stuff being offered up. Case in point is our "Rice Crisis." Unfortunately, I suck at writing so I figured I'd start here with the choir before facing the wolves...
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[quote user="Xevec"]Micro economics is all about profit, costs and revenues . Economists schooled and experienced in micro economics well understand that money comes in, and money goes out, and what gets kept in between is bread and butter.[/quote]Well it is also about building good relationships...