This week’s economic news summary includes the diner’s dilemma and marginal analysis, property rights in outer space, the Phillip’s Curve and unemployment.
One reason we have a labor force participation rate of 62.4 percent is because retirees, students, the disabled and people who care for family do not work.
The NYC Miss Subways competition was about a lot more than pretty “girls” (as they were called). To become Miss Subways for a month, applicants had to submit a picture to the John Robert Powers Agency. From perhaps 1000 applicants,…
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