Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Angels and Economists

Angels and Economists

Misquoted, Will B.

Paperback

Economics

ISBN10: 0999418912
ISBN13: 9780999418918
Publisher: R R Bowker Llc
Published: Nov 23 2020
Pages: 192
Weight: 0.64
Height: 0.44 Width: 5.98 Depth: 9.02
Language: English
Economics is the study of the production, distribution, and consumption of goods and services in a world where resources are scarce. The area that houses these activities is known as an economy. We economists (people who study economics) use theories developed from observing the outcomes of economic activities to advise people on the impact that changes in public policy would have on consumers and businesses. It is ultimately up to the citizens and their politicians to use our advice to determine how they want to operate their economy to achieve their production, distribution, and consumption goals. Unfortunately, economists are usually ignored. And the facts/conclusions we present are bastardized by the people who do not like what the science of economics has to say about the effects of public programs aimed at addressing poverty and inequality (e.g., providing government welfare). Economists find themselves in this position because they point out that, despite noble intentions, these popular programs do not deliver positive long-term results.

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