Thursday, February 18, 2021

4 Advantages of Economic Crises

Certain things thrive under pressure. According to the article below, the four situations are (UK-based scenario):

1. More women working.

2.  Improvement in National Health Services.

3.  More people go to universities after recessions.

4.  Abandonment of inefficient out-of-date structures. Dotcom bubble and creative destruction. 

https://theconversation.com/four-ways-economic-crises-can-change-things-for-the-better-138751







Image credit - OurWorld in Data, CCBY

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Oppenheimer and Oscar Economics

This  article  is quite long, but has important modern implications.  Source: Michael Ramirez, The Gazette.