Tag - economics

The Politics of Cancer Research

Cancer research in this country has become a bureaucracy and an industry, and certain avenues of research languish because of this. Cancer prevention and its research are not in the interests of the medical establishment, and cause contradictions in our economic system. This article will examine the broad issue of...

Comparing Apples to Oranges: Risk of Cost/Benefit Analysis

As the concern about the risks of modern technology to people and the environment has been translated into legislation, a basic idea has emerged - that the best way to evaluate such a risk is to compare it with the associated benefits. This is known as risk/benefit assessment.

Economics of Hunger

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...

Unemployment in America — The People Pay for Inflation

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...