- Why hasn’t technological progress translated into shorter working hours?
Productivity has improved enormously over the last century, yet the standard working week hasn’t changed nearly as much as you’d expect. I know productivity gains don’t automatically translate...
340 points129 comments7 d ago
- I know this sounds economically illiterate, but why is deflation treated as an apocalypse when consumers dream of it?
I know this is probably going to sound completely naive to anyone with an economics degree, but I’ve been trying to educate myself on monetary policy and my brain is hitting a brick wall. To any...
187 points82 comments2 d ago
- Why does Canada consistently have a higher unemployment rate than other Anglosphere countries?
United States: 4.2% United Kingdom: 4.7% to 5.3% Canada: 6.7% Ireland: 4.8% New Zealand: 5.7% Australia: 4.7% Canada appears to have a persistently higher unemployment rate than comparable...
182 points95 comments5 d ago
- why doesn't usa help develop mexico for their own benefit?
Trade between usa and other countries are directly correlated with wealth so wouldn't having a highly populated wealthy country on its border subsequently boost the US economy?
128 points151 comments7 d ago
- If companies make customers do work that employees used to do, does that count as a productivity gain?
I've been thinking about self-checkout machines, but the question seems to apply to a lot more than supermarkets. A grocery store replaces six staffed checkouts with self-checkout machines...
42 points22 comments6 d ago
- How would I go about learning economics?
So I think it would be useful to better understand economics. I like social sciences. To the point, I want to get a solid to intermediate understanding of how things like stocks, money,...
40 points5 comments5 d ago
- Why do people always blame governments for high prices?
Please correct me if I am wrong but arent high price levels the outcome of market forces? Sure, the government has some control with fiscal policy and other tools, however, the government cant...
36 points36 comments3 d ago
- Is "Made in Europe"/"Buy from EU" initiative good economics? Or mostly populist protectionism?
It seems nowdays "Made in native country" messaging is becoming popular globally, even across political spectrums, especially in Europe. As an outsider, i wonder what EU actually needs to do, and...
27 points11 comments4 d ago
- What specific effects does increasing wealth inequality have on the economy?
I specifically want to know how the billionaires in the United States accumulating more wealth affects the common person economically.
20 points7 comments4 d ago
- What is the reason behind why some countries chose to have short annual leave, while others chose to have long annual leave?
For instance, both China and Taiwan have extremely short annual leave of five days and three days, while even developing countries Cambodia have annual leaves of eighteen days. What is the...
20 points12 comments6 d ago