Bloomberg View columnist Megan McArdle has an interesting article on faux news: Truth-Checking’s Infinite Regress Downside Faux news constitutes blocks of info fabricated either wholly or partially from falsehoods to serve a political end. Economics demonstrates, for instance, that it’s extra efficient for individuals or corporations to specialize in specific varieties of labor after which commerce for his or her different needs or desires, somewhat than trying to produce every little thing they want or want on their very own.
Labor economics deal with a private level for anyone who actively applies the understanding managerial economics and principles of economics …