While “What Goes Up Must Always Come Down” holds true for objects, the saying is a myth when it comes to inflation in economics. Inflation measures the growth in the overall price level of items purchased by consumers and producers over time.…
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capitalism
Economists had enthusiastically lauded the virtues of capitalism in the first decades of the 20th century. But the onset of the Great Depression in 1929, and the total collapse of the economy and human suffering that went with it, called into question whether capitalism could still deliver the goods for the benefit of all.…
LETTER from R. SCOTT DUNCAN Hospitals Posting Prices? When You’re Sick, It Doesn’t Matter To the Editor: As I was driving along listening to NPR talking about hospitals now being required to post prices for services. I thought: That is all the hospital needs, more hoops to jump through for the government. I looked on the Internet to find out more details. “The Trump Administration…announced it would begin forcing hospitals to publicly disclose the discounted prices they negotiate with insurance…
