Marginal cost

Populism is not good for the planet

Photo: rob walsh / Unsplash Not all populists are climate deniers, but virtually all climate deniers are populists. From 1990 to 2018, the number of countries with populist leaders increased from four to 20. The best known was President Donald Trump. Right-wing populists often include scientists in their characterization of …

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Pricing power is in high demand on Wall Street

November 6, 2021 MCDONALD’S A has used a “bar” pricing strategy for decades, luring customers with low-priced items in the hope that they will then splurge on higher rates. This balancing act is now under threat. On October 27, the fast food giant said that due to rising costs, prices …

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Face masks: why the world is still arguing about them, 20 months after the start of the pandemic

Transmission peaks have faced blockages; international travel was severely restricted; and although domestic constraints have often proved controversial, hygiene measures such as social distancing, hand washing and mask wearing have been strongly encouraged – if not legally mandatory. Yet debates still rage in several countries over their use, and some …

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Efficient irrigation

About 90 percent of Pakistan’s water goes to agriculture. As the country’s population approaches 250 million and its urban and industrial water needs increase, this becomes untenable. If Pakistan is to reduce its water stress levels, it will need to ensure sustainable and efficient use of its water resources. Our …

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IOC profit grows as high margins cushion rising costs

Indian Oil Corporation (IOC), the nation’s largest oil company, on Saturday announced a marginal increase in net income in the second quarter of the current fiscal year, with lower inventory gains offsetting better operating performance. Net profit of Rs 6,360.05 crore, or Rs 6.93 per share, in July-September, compared to …

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Democrats rush to rewrite U.S. tax code in days

WASHINGTON – As they scout for income to pay their sprawling spending bill and attempt to unite a fractured caucus, Democrats are attempting to rewrite the U.S. tax code in days, proposing the kind of sweeping changes in the how America taxes businesses and individuals that would normally take months …

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