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Context: Fig 1. from “It’s Econ 101” (Journal of Anecdotes, 2020)

Context: For some subset of businesses (those with higher fixed costs of remaining open) operating that far below capacity may lead to a bigger loss than not being open at

Context: Capitalism and democracy can and do coexist. Definitions of both can be subjective, but you’ll be hard pressed to find any index by which Australia, Canada, Switzerland, etc. would

Context: The US federal* tax system is distributionally progressive, but there is debate over what actual effective rates look like. Even under the least charitable assumptions, the wealthy pay far