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The physical stature of lower- and upper-class English youth are compared to one another and to their European and North American counterparts. The height gap between the rich and poor was the greatest in England, reaching 22 cm at age 16. The poverty-stricken English children were shorter for...
Persistent link: https://www.econbiz.de/10010440428
This study analyses the physical stature of runaway apprentices and military deserters based on advertisements collected from 18th-century newspapers, in order to explore the biological welfare of colonial and early-national Americans. The results indicate that heights declined somewhat at...
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The official U.S. unemployment rate is an inadequate measure of actual labor market conditions. This poses a major challenge for researchers and confuses both the public and policy makers. A new definition of unemployment is proposed. It considers those part-time workers who would like to work...
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Maximizing output without taking into consideration the negative externalities generated, including the harm to the mental and physical health of the population creates psychological stress. Focusing on the bellwether indicators of economic performance including working more, generating income,...
Persistent link: https://www.econbiz.de/10013383434
The textbook theory of public finance delineates three primary functions of government: 1) to provide for public goods, 2) to provide for an equitable distribution of income, and 3) to stabilize the economy. However, it has become evident with the rise of right-wing populism especially, but not...
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