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Hi, What happens to energy suppliers if energy is cheap enough to not be profitable on a large scale or people can individually sell spare supply from their solar or wind? Will energy companies that we buy our power from have to switch to producing equipment to generate energy such as solar panels and wind turbines if energy hits zero or negative? How many business models are predicated on constantly supplying a service like energy or fuel? If I can just attach a solar panel to a car why use a charging point let alone petrol/diesel? Is it possible that the energy grid will become decentralise ..read more

Hi, I watched this video about light bulbs: https://youtu.be/zb7Bs98KmnY?si=vSDLDNPMGkk46P4B I was wondering if planned obsolescence has allowed companies to produce better products but also to actually stay in business full stop? If the obsolescence of objects wasn't planned out is it possible that technological progress may have stalled if only a bit? Do consumers stay content with their products or are they also looking for the next latest and greatest independent of what companies push? I think planned obsolescence is a bit weird. Looking into it makes it seem generally less insidious, de ..read more

How's the performance of Argentinian President Javier Milei on the economy? submitted by /u/GoatDefiant1844 [visit reddit] [comments ..read more

​ Government Corporation Supreme Document The Constitution The Memorandum of Association Additional Documents All other Laws, Rules Articles of Association, Bylaws The Chairperson Prime Minister / President Managing Director / CEO Members Cabinet Ministers Board of Directors Issues Currency Shares Stakeholders Citizens Shareholders Supreme Body Parliament AGM Voting Rights Yes, every X years Yes, at every GM Person Responsible of overseeing affairs President Trustee Whistleblower Mechanism The Press Well established Whistle blower mechanism Audit needed? Yes, Audit ..read more

The US especially seems to be spiralling out of control. And I thought that China had a net external surplus, since when don't they? Where will it end? Who benefits? last time that American debt was as high a percentage of GDP (90k per capita, 124% of GDP) was in 1945 after pearl harbor, the loss of all maritime trade, and the global meltdown of world war 2. submitted by /u/MegavirusOfDoom [visit reddit] [comments ..read more

India has had a decent period of strong economic, macroeconomic stability and internal security. Yet its Human Development Index and per capita incomes are lower than countries like Iraq, Bangladesh and Lebanon who have had savage civil wars. Iraq and Lebanon were literally ruled by sectarian governments. India inherited relatively strong institutions that are unique for a developing country such as a military that didn’t do coups, administrative services and strong Supreme Court. You can say India’s government is corrupt but this is common across the world. Why is it that India is half the p ..read more

Are there more books like freakonomics which covers such interesting aspects of the world in a textual style that readers enjoy? submitted by /u/strong_con [visit reddit] [comments ..read more

Looking for scientific journals in economics and finance that publish papers that follow "Open Science" principles. Anybody have any recommendations? Open Science means that the papers also publish their data and analysis code. Any help would be highly appreciated! submitted by /u/spaceecon [visit reddit] [comments ..read more

Hello everyone! I was reading Capital for one of my classes, and there Marx makes an argument that the innovation of machinery decreases wages. The basic premise is that with the creation of new technologies, labor, in a specific sector, becomes largely unskilled; meaning that the amount of individuals who can perform the work increase, i.e. supply increases. This coupled with a lowering demand for work, mainly due to now machinery being able to complete the work with less labor-power, the labor in that industry gets devalued, leading to lower wages. Now, he presents good arguments for this u ..read more