On personal freedoms, litigation, and common sense (a good read)
Did he really say that? Chris Joye, optimist, reckons that stability and continuity are valuable things for an economy that is hesitantly emerging from the global financial crisis and about to embark on a period of above-trend growth
Does light rail improve public health? This study has results showing obesity declining in areas serviced by light rail in a before and after comparison.
In the spirit of the competition series running this month I thought it opportune to comment on Sam Wylie’s recent article on reciprocal obligations of banks following government support. Thinking about the whole story makes the situation seems ridiculous. The government privatises the banking system, allowing privately owned businesses to determine the money supply, and then bails them out after a crash which resulted from their undue risk taking, then left them to go on their merry way to make abnormally high profits once again. Clearly, there is no moral hazard here and this wonderful situation is highly beneficial for the people.
Can you draw a conclusion about the impact of population growth on economic welfare from this graph?