Keynes and Different Cultures
Most Keynesian economics makes good sense to Tyler Cowen but he has to admit that the principles adhered to in Germany might actually be better than the Keynesian alternatives.
Most Keynesian economics makes good sense to Tyler Cowen but he admits the principles adhered to in Germany might be better than Keynesian alternatives. It's one of the world's most successful countries yet "Keynesianism has failed to influence either German policy or German public opinion." "I'm a fan of the northern European social democracies, but in part they succeed because those countries don't follow all of the prescriptions you might hear coming from their boosters in the United States," says Cowen. "The cultural elements of the current Keynesian debates remain underexplored in the United States, but they are fairly well understood in Germany."
These modern-day hermits can sometimes spend decades without ever leaving their apartments.
- A hikikomori is a type of person in Japan who locks themselves away in their bedrooms, sometimes for years.
- This is a relatively new phenomenon in Japan, likely due to rigid social customs and high expectations for academic and business success.
- Many believe hikikomori to be a result of how Japan interprets and handles mental health issues.
How a cataclysm worse than what killed the dinosaurs destroyed 90 percent of all life on Earth.
While the demise of the dinosaurs gets more attention as far as mass extinctions go, an even more disastrous event called "the Great Dying” or the “End-Permian Extinction” happened on Earth prior to that. Now scientists discovered how this cataclysm, which took place about 250 million years ago, managed to kill off more than 90 percent of all life on the planet.
A new study discovers the “liking gap” — the difference between how we view others we’re meeting for the first time, and the way we think they’re seeing us.
We tend to be defensive socially. When we meet new people, we’re often concerned with how we’re coming off. Our anxiety causes us to be so concerned with the impression we’re creating that we fail to notice that the same is true of the other person as well. A new study led by Erica J. Boothby, published on September 5 in Psychological Science, reveals how people tend to like us more in first encounters than we’d ever suspect.
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