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shaalaa.com
Explain basic problems of the economy with the help of production possibility curve. - Economics | Shaalaa.com
Explain basic problems of the economy with the help of production possibility curve.
Sep 16, 2024
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We aren’t suffering from a transport problem. We’re suffering from a 𝐬𝐭𝐨𝐫𝐲 𝐩𝐫𝐨𝐛𝐥𝐞𝐦. Despite rising congestion, emissions and deaths, we’re still chasing the same “solutions” that created the mess. In a new paper (link in comments) on #Australia's🇦🇺 car dependence with Hulya Gilbert and Ian Woodcock, we argue that powerful voices — from industry to politics to media — have shaped how we think and talk about transport. 𝐀𝐧𝐝 𝐭𝐡𝐞𝐢𝐫 𝐧𝐚𝐫𝐫𝐚𝐭𝐢𝐯𝐞𝐬 𝐤𝐞𝐞𝐩 𝐮𝐬 𝐬𝐭𝐮𝐜𝐤.
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Coin clipping wasn't just an English problem; it was a rampant fraudulent practice across medieval Europe. The small amounts of precious metal shaved from coin edges accumulated, debasing the currency and causing severe economic instability. In England, the crisis reached a turning point when King Edward I initiated a severe crackdown between 1278-1279. He issued the 'Capitula de tonsura monete,' articles of inquest to systematically hunt down offenders. While driven by greed, the practice was a
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