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How durable are monopolies? - Vimarsana News

How durable are monopolies?

Print this article Every day, we are warned about the power of monopolies, and some concerns are justified. But a look at history confirms that monopolies do not tend to survive all that long. Large companies such as Google, Amazon, Facebook, Microsoft, and Apple have come to be portrayed as the “enemy” all around the world. The paradox: Almost everyone uses their products and services, but hardly anyone likes the companies behind them. Some concerns are justified, especially regarding the political bias of a company such as Facebook. But most critics who call for stronger government reg...

Biden Plan to Subsidize Child Care Could Have Unintended Consequences - Vimarsana News

Biden Plan to Subsidize Child Care Could Have Unintended Consequences

Biden Plan to Subsidize Child Care Could Have Unintended Consequences The American Families Plan is the third installment in three massive spending bills the president has proposed. The $1.9 trillion American Rescue Plan, Biden's coronavirus stimulus, has already passed. The $2 trillion-plus American Jobs Plan – billed by the White House as an infrastructure effort, though congressional Republicans say most of the spending is on other things – was proposed by Biden earlier this year. And he revealed the $1.8 trillion American Families Plan, which provides massive funding to new entitlem...

Evidence of the Risks of Elevated Unemployment Insurance Benefits - Vimarsana News

Evidence of the Risks of Elevated Unemployment Insurance Benefits

Evidence of the Risks of Elevated Unemployment Insurance Benefits By Erin Partin SHARE Last week’s job market numbers were strong. The unemployment rate fell to 6.0 percent – the lowest since the start of the COVID-19 pandemic – and total nonfarm payroll employment rose by 916,000 in March. But signs already suggest that the employment bounce-back is being restrained from its full potential by Congress’s decision to entrench a $300 weekly unemployment benefit supplement through September. Combined with state unemployment benefits, around 37 percent of workers ca...

Source: cato.org
Economics in One Virus - Vimarsana News

Economics in One Virus

Have you ever stopped to wonder why hand sanitizer was missing from your pharmacy for months after the COVID-19 pandemic hit? Why some employers and employees were arguing over workers being re‐​hired during the first COVID-19 lockdown? Why passenger airlines were able to get their own ring‐​fenced bailout from Congress? Economics in One Virus answers all these pandemic‐​related questions and many more, drawing on the dramatic events of 2020 to bring to life some of the most important principles of economic thought. Packed with supporting data and the best new academic evidence, t...

Source: cato.org
Why Reform Conservatives Should Embrace Capitalism, Not Shun It - Vimarsana News

Why Reform Conservatives Should Embrace Capitalism, Not Shun It

Why Reform Conservatives Should Embrace Capitalism, Not Shun It March 15, 2021 There has been no shortage of “what happened and what comes next” analyses since last November. What do we make of President Trump’s unexpected 2016 victory and close defeat in 2020? To what extent did these outcomes depend on Trump’s unique personality, media attention, Hillary Clinton’s unpopularity, or Joe Biden’s perceived moderation? And how much credit — or blame — should we assign to Trump’s policies and his questioning of Republican economic orthodoxy? On that last question, reform conserv...