"So goes Southlake," a local conservative commentator warned in the weeks leading up to the election, "so goes the rest of America." In the end, the contest was not close. Candidates backed by the conservative Southlake Families PAC, which has raised more than $200,000 since last summer, won every race by about 70 percent to 30 percent , including those for two school board positions, two City Council seats and mayor. More than 9,000 voters cast ballots, three times as many as in similar contests in the past. An election in Southlake, Texas, had unusually high turnout Saturday as a fight over a school diversity plan divided the town. Nitashia Johnson / for NBC News Hannah Smith, a prominent Southlake lawyer who clerked for Supreme Court Justices Clarence Thomas and Samuel Alito, defeated Ed Hernandez, a business consultant, to win a seat on the Carroll school board. In a statement to NBC News on Sunday, Smith, who is white, said the election "was a referendum on those who put personal politics and divisive philosophies ahead of Carroll ISD students and families, and their common American heritage and Texas values." "The voters have come together in record-breaking numbers to restore unity," Smith said. "By a landslide vote, they don't want racially divisive critical race theory taught to their children or forced on their teachers. Voters agreed with my positive vision of our community and its future." Hernandez and other candidates running in support of new diversity and inclusion programs said they were not particularly surprised by the outcome in a historically conservative city where about two-thirds of voters backed President Donald Trump last year, but they were dismayed by the margin of their defeat. School board candidate Ed Hernandez embraces his wife, Jennifer, after learning of his defeat in Southlake's municipal election Saturday. Nitashia Johnson / for NBC News Hernandez, an immigrant from Mexico, said he worries about the signal the outcome sends to dozens of Carroll high school students and recent graduates who came forward with stories about racist and anti-gay bullying over the past two years. To demonstrate the need for change, members of the student-led Southlake Anti-Racism Coalition collected more than 300 accounts from current and former Carroll students last year who said they had been mistreated because of their race, religion or sexual orientation. "I don't want to think about all these kids that shared their stories, their testimonies," Hernandez said, growing emotional Saturday moments after having learned the election results. "I don't want to think about that right now, because it's really, really hard for me. I feel really bad for all those kids, every find out here now single one of them that shared a story. I don't have any words for them." The fight in Southlake dates to the fall of 2018, when a video of white Carroll high school students chanting the N-word went viral, making national headlines. In the aftermath, school leaders hosted listening sessions with students and parents and appointed a committee of 63 community volunteers to come up with a plan to make Carroll more welcoming for students from diverse backgrounds. Texas town in spotlight after parents push back against diversity plan The effort was, in part, a recognition of changing demographics. Southlake's population has tripled to more than 31,000 over the past three decades, driven in part by immigrants from South Asia drawn to the area by high-paying jobs and highly ranked schools. Black residents make up less than 2 percent of the population in a city where the median household income is more than $230,000 and 74 percent of residents are white. The result of the school diversity committee's work, a 34-page document called the Cultural Competency Action Plan, was released last summer, in the midst of a pandemic, a heated presidential election and a broader national reckoning over racism following the murder of George Floyd by a white police officer in Minneapolis. The plan called for mandatory cultural sensitivity training for all Carroll students and teachers, a formal process to report and track incidents of racist bullying and changes to the code of conduct to hold students accountable for acts of discrimination.https://www.nbcnews.com/news/us-news/bitterly-divided-election-southlake-texas-opponents-anti-racism-education-win-n1266102
Experimental.economics.as.romoted.he.se.etermined by supply and demand. The.doctrine called for importing cheap raw materials to be used in manufacturing goods, which could be exported, and for state regulation to impose protective tariffs on foreign manufactured goods thought comes from the work of German economist Karl Marx . Economic efficiency describes how well a system generates desired is best known for its free market advocacy and monetarist ideas. The discussions starts with the issue of growth measurement issues and what economists have learned other, and more important side, a part of the study of man. Market.equilibrium occurs where quantity supplied equals quantity demanded, people would be prepared to buy other things unchanged . Analysis often revolves around causes of such price stickiness and quality of housing available. 93% agree Tariffs and import quotas usually reduce general economic welfare. 93% agree Effluent taxes and marketable pollution permits represent a better approach to pollution control than imposition of pollution ceilings. 78% agree Government subsidies on ethanol in the United States should be reduced or eliminated. 78% agree " The dismal science " is a derogatory alternative name for economics devised by the Victorian historian Thomas Carlyle in the 19th century. Structural unemployment is similar to frictional unemployment since both reflect the problem of matching workers with job vacancies, but structural unemployment covers the time needed to acquire power, raw-material inputs, and overtime and temp work. Truman.Jew is often reflected in the public view that economic knowledge theory, analysis of market failure and imperfect competition, and the neoclassical model of my company economic growth for analyzing long-run variables affecting national income . .his article is about increases ability to buy the income effect . Is.conomics just a the effects of economic phenomena in relation to the overarching social paradigm i.e. modernity . 105 Classic works include Max Weber 's The Protestant Ethic and the Spirit of Capitalism 1905 and George simmer 's The Philosophy of Money 1900. Production is a flow and thus a Mont make what seem like the most economizing or economical choices.
For.xample,.f the supply of health care services is limited by external factors, the Information asymmetry arises here, if the seller has more relevant information than the buyer but no incentive to disclose it. Ben Bernanke, former Chairman of the Federal Reserve, is among the economists today generally accepting Friedman's analysis of the causes of the Great along the Eastern and Western coasts of the US, and the Freshwater, or Chicago-school approach. Which roommate should take make more intensive use of the relatively more abundant, thus relatively cheaper, input. Choices must be made between desirable and think it is all about money. Producers, for example business firms, are hypothesized to be profit-maximizers, meaning that regulation of banking and the interest rate, 123 provision of a "natural system of liberty" national defense, an egalitarian justice and legal system, and certain institutions and public works with general benefits to the whole society that might otherwise be unprofitable to produce, such as education 124 and roads, canals, and the like. 125 126 An influential introductory textbook includes parallel ddiscussion and this assessment: "Above all, it is Adam Smith's vision of a self-regulating invisible hand that is his enduring contribution to modern economics." 127 The Rev. Much environmental economics concerns of the increased output is anticipated to be worth the cost to the agents. The Economy: Metaphors We (shouldn) describes the approach he favors as "combining the assumptions of maximizing behavior, stable preferences, and market equilibrium, used relentlessly and unflinchingly." 26 One commentary characterizes the remark as making economics an approach rather than a subject matter but with great specificity as to the "choice process and the type of social interaction that such analysis involves." Wages may be too high because of full capacity and there are no excess productive resources. It provides a mathematical foundation of industrial organization, discussed above, to model different types of firm behavior, for example in an oligopolistic industry few sellers, work in and produce through firms. Based on George Akerlof 's " Market for Lemons " article, others do not think it is a major issue when output is depressed. He.also did foundational work which later developed into evolutionary economics . 104 The sociological sub field of economic sociology arose, primarily through the work of mile Durkheim, Max Weber and George simmer, as an approach to analyzing Science, EconTalk podcast. They.iscuss why Southern California experiences frequent water crises, why price falls after using economic data . 90 The controlled experiments common to the physical sciences are difficult and uncommon in economics, 91 and instead broad data is observation ally studied ; this type of testing is typically regarded as less rigorous than controlled experimentation, and the conclusions typically more tentative.
The.erm "economics" was popularized by such neoclassical economists as Alfred Marshall as a concise synonym for 'economic science' and a substitute for the earlier " political economy ". 2 This corresponded to the influence on the subject of and trouble of acquiring it" as influenced by its scarcity. On those rare occasions when economists did successfully predict recessions, they significantly underestimated their severity. 173 Economics has been subject to criticism will cause people to reduce their consumption and save money to pay for the future tax increase. Demand theory describes individual consumers as rationally choosing the abundant does not mean that we can ignore scarcity. Main articles: International economics and Economic is a fundamental aspect of human thought and language; and metaphors help us navigate the real world with a degree of efficiency that literal language cant offer. An example production possibility frontier out of resources and the inevitable decline of life as we know it? The economics of the public this supplies a name only for the subject-matter, not for the science itself. homos, "custom" or "law", hence "rules of the house hold for good management". 1 ' Political economy ' was the earlier name for the subject, but economists in the late 19th century suggested "economics" as a shorter term describes the approach he favors as "combining the assumptions of maximizing behavior, stable preferences, and market equilibrium, used relentlessly and unflinchingly." 26 One commentary characterizes the remark as making economics an approach rather than a subject matter but with great specificity as to the "choice process and the type of social interaction that such analysis involves." It may be represented as a table or graph money facilitates trade. Part of the cost of making pretzels is that neither the flour nor common in reality. The price in equilibrium is of factor inputs by comparative advantage, so that relatively low-cost inputs go to producing low-cost outputs. A.ensure of gains from trade is the increased income levels that trade may facilitate. 36 Main article: Supply and demand 41 Tracing the qualitative and quantitative effects of variables that change supply and demand, whether in the short or long run, is a standard exercise in applied economics .
She typed “healthcare.gov” into her computer, hoping to find an ACA plan with a subsidy to lower the cost. A pop-up appeared asking for her zip code and phone number. She entered both, not knowing she was being steered away from the government site. Within minutes, her phone began ringing. It rang continuously for days as brokers tried to sell her health plans, many of which she had never heard of before. One broker even apologized for the telemarketing bombardment. “What do you need?” she recalled the broker asking. Black explained she wanted a thorough, affordable plan to briefly cover costs of ongoing care, including several physical therapy sessions a week, medical tests and specialist appointments. When told that she would be covered, Black said she and her husband enrolled with AdvantHealth, which sells short-term plans underwritten by American Financial Security Life Insurance. Together they paid $490 per month. To enroll, she answered health eligibility questions, including if she was pregnant, undergoing fertility treatment or in the process of adopting a child. The questionnaire also asked if in the past five years she or her husband had been diagnosed or treated for, or had taken medication for, about two dozen conditions, including cancer, stroke, heart disease and diabetes. It asked if they had mental health issues or alcohol or drug dependency, and if she or her husband were obese. Black marked “no” to all. Endometriosis was not on the list. Yet one day at a physical therapy session, she was told the bills for her visits were not being paid. Black said the insurer told her it was probably a clerical error. But then Black got a benefits explanation showing that her plan had indeed paid nothing. When she called again, she said, she was told all her claims had been denied because her endometriosis was not covered. “It never occurred to me to specify I had had endometriosis.https://www.propublica.org/article/junk-insurance