The introduction of minimum wages in the United States The early 1930s were the years of the Great Depression, an economic recession that affected the United States as well as most of the European metropolises. This crisis led many countries to enact social policies or reevaluate those in place to protect workers and stimulate the industry. … Continue reading Minimum Wage Policy in the United States
In Summary A popular approach that economists take to study the use of illegal drugs is the concept of rational addiction. The idea is that individuals willingly choose to consume heroin and other drugs, as they would do with food, goods or services. While this idea is controversial, it allows both researchers and policymakers to … Continue reading Rational Addiction to Heroin and Other Drugs
