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10 Flaws with Mainstream Economics

Tom Spencer

This could create national security risks, and may overlook other important costs such as transportation costs, shortage costs, and pollution. Even if a country does have a clear comparative advantage, complete specialisation would mean relying on other countries for goods not produced. Deadweight loss.

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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business

oil supply may be enough on its own to meet all of this year’s growth in global oil demand. Most major producers with large balance sheets will likely hedge their bets and attempt both. This unpredictability may only intensify as the world’s oil markets continue to adjust to shifting realities.

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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

Of course, Chicago would also have to meet the other eligibility criteria. It is the third largest city in the United States and a vital transportation hub. It is not a balance sheet test, but a cash flow test. This fund is used to pay for essential government services and activities (e.g.