Economics Archives

Can the Government Regulate Cryptocurrency?

Can the government regulate cryptocurrency? What challenges do regulators face? The cryptocurrency industry has been marked by volatility, bankruptcies, and scandals, and after the recent implosion of crypto exchange FTX, many are calling for long-overdue regulation. However, regulators are struggling to write laws as no one can agree on the fundamentals of the industry. Keep reading to learn if the government can regulate cryptocurrency and why it’s a challenge.

Can Creating New Jobs Actually Be a Bad Thing?

How can creating new jobs cause problems in society? Why does job creation sometimes result in useless jobs? According to anthropology professor David Graeber, useless jobs have become widespread in most modern societies. He claims that creating new jobs, while beneficial when done responsibly, can also cause the proliferation of useless jobs for economic and political reasons. Keep reading to learn how creating new jobs can also produce meaningless jobs, according to Graeber.

Bjorn Lomborg’s Climate Change Methods & Measures

What’s the best way to measure climate change and its impact? What does temperature have to do with wealth? According to progressive media and politicians, climate change constitutes an existential threat to humanity, requiring drastic cuts in carbon dioxide emissions to avoid catastrophe. According to Bjorn Lomborg, climate change poses a significant threat, but it’s not cataclysmic. Keep reading to understand the methods and measures Lomborg uses in his analysis.

Why Are Black People Poor? A New Form of Enslavement

Why are Black people poor? Is there a way out of generational poverty? Candace Owens believes that Black Americans are stuck in generational poverty because of the breakdown of families. This breakdown, she says, comes from Democratic policies. That’s why it’s time for Blacks to leave the “Democratic plantation” and embrace true independence and prosperity. Continue reading to understand what Owens means—and what she hopes will change.

Economic Effects of Climate Change: The Real Threat We Face

How does climate change impact the economy? Should this be a major concern? The real cost of climate change will be economic, argues Bjorn Lomborg. He contends that we should stop catastrophizing about the weather, the planet, and our very existence and focus instead on what climate change will do to global GDP. Keep reading to learn about the anticipated economic effects of climate change.

Is Universal Basic Income a Good Idea to End Pointless Jobs?

Is universal basic income (UBI) a good idea for ending pointless jobs? Why are pointless jobs harmful? David Graeber wrote Bullshit Jobs to explain how jobs that don’t serve a purpose are not only inefficient, but are also harmful to society and workers. According to him, we can combat the proliferation of pointless jobs in society by introducing a universal basic income program. Read on to learn why universal basic income is a good idea to end pointless jobs, according to Graeber.

Why Do We Need Fossil Fuels? A Fix for Climate Change

Why do we need fossil fuels? What’s the Green Road? Which option is ultimately better for the planet? On a global scale, we can take various paths to combat climate change. Activists say we should reduce emissions by investing in green energy and minimizing fossil fuel usage. Bjorn Lomborg says we should increase reliance on fossil fuels to spark economic growth. Keep reading to learn how fossil fuels could be the surprising solution to climate change.

Is the Paris Agreement Effective? How It Harms More Than Helps

What promise did countries make with the Paris Agreement? Is the Paris Agreement effective? To spark the green revolution, world leaders took a more concrete approach to climate change via the Paris Agreement. However, Bjorn Lomborg argues that, if the goal is to achieve a meaningful and cost-effective reduction in global temperature, it’s a failure. Continue reading to see how Lomborg comes to this conclusion.

Why Individual Action on Climate Change Doesn’t Add Up to Much

Should we go vegetarian and drive electric cars? Should we stop having children and flying in airplanes? Climate activists exhort us to make individual sacrifices—like eating less meat, flying less often, and turning off unused lights. Bjorn Lomborg argues that these exhortations are flawed: Individual actions on climate change do nearly nothing. Keep reading to see how Lomborg makes this assessment.

How Can We Adapt to Climate Change? Solutions for Water & Heat

How can we adapt to climate change? Can we do something practical about rising sea levels and extreme heat? In False Alarm, Bjorn Lomborg discusses several ways to combat climate change head-on. He realizes, though, that some things are beyond our control. To some extent, we just have to adapt to the realities. Continue reading to learn about some practical adaptations that could help us continue to flourish.