Economics1:Microeconomics
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Income inequality under assault by the Swiss in bold move

Income inequality under assault by the Swiss in bold move | Economics1:Microeconomics | Scoop.it
Income inequality in Switzerland is almost as bad as it is in America. So why are CEOs so angry that they're threatening to move their companies?
Jessica Jouning's insight:

Talks about the 'fat cat initative' in Switzerland to reduce income inequality as it prevents to highest earners in the country from earning more in a month that the lowest paid workers earn in a year.

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Negative Externalities and Regulatory Regimes | Sustainability ...

Negative Externalities and Regulatory Regimes | Sustainability ... | Economics1:Microeconomics | Scoop.it
What is a negative externality? It is the most important concept of environmental economics, yet it remains a topic that is largely avoided when talking about the economy, where cumulative private growth is the primary concern ...
Jessica Jouning's insight:

Explanation of  negative externalities with an  explanation of government regulations to reduce negative externalities. How do negative extralities affect in particular China's environmental economics with the production of smog due to the relases of harmful chemicals.

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