Two-thirds of the world's population is malnourished and many people are starving this year. It is commonly assumed that a country does not produce enough food only if it cannot. If it were possible, the food would obviously be raised. Three reasons are generally given for widespread hunger: (a) A country's farmers...
Tag - economics
That rampant inflation can be eliminated only by increasing the level of unemployment, with all the trauma so implied, has now become a commonplace, accepted but often not understood. The present accelerated inflation in the USA derives from two sources which appear to reinforce and strenghten one another. The first...