Climate change is one of the most pressing issues of our time. The negative consequences of a warming planet – from rising sea levels and extreme weather events to crop failures and extinction of species – threaten to undermine the well-being of current and future generations.
In this blog post, we will explore the link between the likelihood of marijuana businesses being permitted in a city’s jurisdiction and the level of financial stress being experienced by the city.
William Niskanen, an economist and public policy expert, is known for his theory on the economics of bureaucracy. He argues that bureaucracy is not a neutral and efficient agent, but rather a rational, self-interested agent that maximizes its own budget and power, rather than serving the public interest.
In this blog post, we will examine Adam Smith's view and understanding of the visible hand in relation to the invisible hand and negative externalities.
The Group of Seven (G7), which consists of seven wealthy democracies including Canada, France, Germany, Italy, Japan, the UK, and the US, met over the weekend to consider a ‘global minimum corporate tax rate’. A new minimum rate of at least 15% was tentatively agreed on.