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Economy

Do tech monopolies stifle or spur innovation?
Tech monopolies lack competition and the desire to innovate
Antitrust reasoning
Antitrust laws were created to encourage competition, and 120 countries have adopted some form of antitrust law.
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Do tech monopolies stifle or spur innovation?
Tech monopolies lack competition and the desire to innovate
Competition drives innovation
Tech monopolies don't innovate because they have to, they innovate because they want to. Competition consistently drives innovation, and is absent when monopolies are present.
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COVID-19: Are government resources better spent on public health or stimulating the economy?
Government resources are better spent on public health
The role of the state is to protect its citizens
Human life is sacred, the economy is not. The government should look after the health and safety of citizens first. If everyone is too sick to work, the economy's health won't matter.
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COVID-19: Are government resources better spent on public health or stimulating the economy?
This is a false dichotomy
Hardline economism is obscuring the reality of coronavirus
Increasingly, political analyses use statistics and economic forecasts to make decisions. But these can be extremely misleading.
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COVID-19: Are government resources better spent on public health or stimulating the economy?
This is a false dichotomy
Hardline economism is obscuring the reality of coronavirus
Increasingly, political analyses use statistics and economic forecasts to make decisions. But these can be extremely misleading.
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COVID-19: Are government resources better spent on public health or stimulating the economy?
Government resources are better spent on public health
The strength of the economy depends on an able workforce
If additional funding is not put into protecting citizens from the coronavirus, the economy is doomed.
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How do we think about the UK lockdown debate?
Test, trace, isolate, protect
More public health jobs would be created in the UK
The contact tracing strategy would be entirely reliant on public health workers and contact tracers. People can be easily and quickly trained to fill these positions. They would not only offer valuable advice to the public but also reduce the number of hospitalizations and help the economy rebound.
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What are the pros and cons of The Green New Deal?
The benefits of the Green New Deal
The Green New Deal will grow the United States' economy
Estimates suggest that the Green New Deal will create over two million net new jobs in the energy sector. These new jobs come largely from the energy sector. When more Americans are employed, they tend to spend their money, which boosts the economy.
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What are the pros and cons of The Green New Deal?
The drawbacks of the Green New Deal
The Green New Deal will increase the deficit in the United States
A total change from fossil fuels to renewable energies would cost the United States trillions of dollars. This would only add to the deficit, and cuts to other vital programs would be necessary for the Green New Deal to become a reality.
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This page was last edited on Monday, 26 Oct 2020 at 13:45 UTC