straightforward economic reasoning suggests that unemployment is an important determinant of the supply of criminal offenders and hence, the overall crime rate.
Is Wage Determination really a function of Demand and Supply of Labour in Pandemic Economy?
Published on :Wage determination, therefore, becomes less and less a function of demand and supply and more and more a function of class power. If we take the regular demand-supply framework into consideration, we realise that the present pandemic not only causes a negative shock on the aggregate demand levels but also the aggregate supply levels
How COVID-19 is going to change the future of Free Trade
Published on :This pandemic has exposed the inherent weaknesses of state functioning and questioned the very structure on which modern economies have been thriving.
Are the coronavirus warriors losing their own personal battles?
Published on :The costs of attending work for everyone would be the possibility of becoming a vector of transmission of virus but if the societal benefits of certain employees exceed their costs, adjusted wage payments should be made accordingly
Is COVID19 last nail in the coffin of the Free Trade?
Published on :The medium-term impact of the pandemic on international trade and the degree of efficacy of anti-free trade measures depends on the ability of the domestic producers and service providers to scale up operations
Confronting the Pandemic of COVID-19
Published on :rom a shifting world order to a co-ordinated economic slowdown, the pandemic of Coronavirus Disease (or COVID-19) has gripped us in times of persisting glut of distrust. There is no one way to interpret the implications – both current and protracted from inaction today.