The Senate Is Rushing to Pass Its Tax Bill Because It Stinks https://www.nytimes.com/2017/11/29/opinion/senate-tax-bill-problems-rush.html
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Possible Janus Questions for Econ test. You will be given five questions and you will write on four of them. How do you determine whether a firm is making a profit or a loss in a perfectly competitive market? What kinds of profits are available to such a firm in the short-run, in the long run? Why? What is the key difference between a monopolist and a perfect competitor? How do you determine price and output for a monopolist? Why does a monopolist create welfare loss? How can a monopolist avoid doing so? Explain. Explain monopolistic competition. What are the competitive aspects of it? The monopolistic aspects? What is the prisoners’ dilemma? How does it undercut Adam Smith? What is the law of unintended consequences? Cite several examples. Why is an oligopoly different from monopolistic competition? Explain the difference between the cartel and the contestable market models of monopoly. Explain the history of antitrust policy in the United...
Higher Education Gears Up to Fight Tax on Endowments
https://www.wsj.com/articles/higher-education-gears-up-to-fight-gop-bills-tax-on-endowments-1510315204
Why the Time Warner—ATT merger makes sense
Why the AT&T-Time Warner Merger Makes Sense https://www.nytimes.com/2017/11/16/opinion/att-time-warner-merger.html https://www.nytimes.com/2017/11/16/opinion/att-time-warner-merger.html
The Right Way to Cut Corporate Taxes
The Right Way to Cut Corporate Taxes https://www.nytimes.com/2017/11/12/opinion/corporate-tax-cuts-gop.html https://www.nytimes.com/2017/11/12/opinion/corporate-tax-cuts-gop.html
Three Possible Essay questions for Janus’s students for this week’s quiz
1. Please explain why the MC and the ATC curves are the most important. How much should a firm produce? Why? 2. Is Jesus correct when he states that “the poor will always be with us”? What are the seven behavioral economic biases that the analyst at Ariel use in making their stock selections?
Harassment Scandals Prompt Workplace Change
https://www.wsj.com/articles/the-workplace-after-weinstein-harassment-scandals-prompt-rapid-changes-1510333058
Want Kids, a Degree or a Home? The Tax Bill Would Cost You
Want Kids, a Degree or a Home? The Tax Bill Would Cost You https://www.nytimes.com/2017/11/08/opinion/republican-tax-bill-cost.html https://www.nytimes.com/2017/11/08/opinion/republican-tax-bill-cost.html
Don’t Nudge Me; the Limits of Behavioral Economics in Medicine
Don’t Nudge Me: The Limits of Behavioral Economics in Medicine https://www.nytimes.com/2017/11/06/upshot/dont-nudge-me-the-limits-of-behavioral-economics-in-medicine.html https://www.nytimes.com/2017/11/06/upshot/dont-nudge-me-the-limits-of-behavioral-economics-in-medicine.html
What Explains US Mass Shootings
https://www.nytimes.com/2017/11/07/world/americas/mass-shootings-us-international.html
A TAX PLAN FOR A GILDED AGE
A Tax Plan for a New Gilded Age https://www.nytimes.com/2017/11/02/opinion/trump-republican-tax-plan.html