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Why Keynes Was Wrong About Unemployment


Why Keynes Was Wrong about Unemployment
Large-scale unemployment is another name for a surplus in the labor market. Equilibrium is a state which markets will naturally move toward as buyers and sellers look for mutually advantageous exchanges. Firms can always get some value from additional labor, even under pessimistic forecasts of sale prices and quantities. Workers earning zero wages can improve their situation by accepting a job even if they do not accept the first offer. Therefore, a labor market in surplus will absorb unemployed labor at a lower wage. When a market is in surplus, the direction the price must go toward equilibrium is down. ....

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Wrecks, DUIs and Low Credit Scores: Here's How Much They Can Drive Up the Cost of Your Car Insurance

Wrecks, DUIs and Low Credit Scores: Here's How Much They Can Drive Up the Cost of Your Car Insurance
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Renovations during pandemic could impact home insurance


Renovations during pandemic could impact home insurance
By:
Scripps National
and last updated 2021-03-16 12:04:25-04
While working from home has largely saved people money without commutes, business wardrobes and eating out, it could cost you more in other areas.
“If you re working from home, you may have additional equipment that you might not have had otherwise, which can be expensive to replace, and so, you know, it s important to know that your homeowners insurance policy, the very basic level only covers about $2,500 of work from home equipment,” said Stephen Kates, a certified financial planner and analyst at Bankrate.
Kates is warning people their home insurance may not cover their new work setups. ....

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Renovations during pandemic could impact home insurance

Renovations during pandemic could impact home insurance
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