Tag: featured

‘What’s the Matter with Economics?’: An Exchange

“Yes, underregulated—which brings me back to the invisible hand. I thought I had laid this issue to rest by agreeing with Madrick that ‘the Invisible Hand is an approximation, usually not applicable in the real world without significant modification’ (his words). That’s right. And those modifications point toward, inter alia, antitrust laws, consumer protection, fair labor standards, health and safety regulation, financial regulation, and much more.

End schools blame game

It would be hard to overestimate the damage Pennsylvania’s elected leaders have inflicted on the commonwealth by failing to adequately and equitably fund public schools over the past four years. The inferior education being provided to students as a result is the reason so many are failing to pass assessment and graduation exams. Better-paying jobs will be out of their reach when they become adults, which will ultimately have a negative impact on the state’s economy.