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Tutar A

It's time: Snuff out public smoking - 0 views

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    In this article, the author discusses the issue of smoking in public places. The article prods us to smoke in private places rather than smoking in public places. The author suggests that public smoking is a negative externality because it has a subversive effect on all the individuals who don't smoke.
Aminu S

Walkie Talkie park opens amid row over public access - 1 views

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    A garden was opened in the 'Walkie Talkie' tower on Tuesday the 12th in London. A garden which public has long waited for is now open for view.
Chung H

How dirty are public restrooms? - 2 views

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    This article/picture relates to the tragedy of the commons as it highlights the fact that since some countries have public bathrooms that are free of charge, there is little to no upkeep for the bathrooms, and so the users of the bathroom won't clean up after themselves. However, in some places of Europe, bathrooms are paid for to maintain cleanliness and sanitation.
Benndorf J

Why Public Investment? - 0 views

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    The article suggets how economic growth is likely to decrease in the near future and how there may be a global shortage of aggregate demand. However, the article also suggests that investment in the public sector could invert this crises and states that "productivity gains are vital to long-term growth" as they lead to, higher incomes and increase demand.
Adele G

Decrease in cases of Child Asthma after Smoking Ban - 2 views

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    After a law was introduced by the government banning smoking in public enclosed places, scientists have noticed a large decrease of child asthma cases; in the first year, the number of admissions in hospital with this case decreased by 12.3%. This shows that before the ban, smoking was causing a negative externality, which was child asthma. This therefore meant the government needed to intervene, by creating the smoking ban on public places.
ArishM M

Govt considers price control on medical devices - 2 views

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    The way this relates to this week topic is that the Indian government is trying to put a maximum price on medical devices that are supplied to the public hospitals.
Moro E

Lettuce See the Future: Japanese Farmer Builds High-Tech Indoor Veggie Factory - 0 views

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    I chose this article because it talk about indoor farming. This does not damage public land and it reduces waste. It satisfies a demand without deleting or damaging the commons (the land normally used for farming)
Stamenkovic A

Capitalism v environment: can greed ever be green? - 2 views

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    The article discusses the fact that the now dominant capitalist economic system has contributed to the breaching of several ecological boundaries, in relation to climate change, biodiversity loss and nutrient enrichment. These contributed to the dead corals and rising seas. This global change can bring big costs for, among other things, tourism and infrastructure. Thus, the negative externalities are basically the public costs that come from the pursuit of private profit, representing massive risks leading to all recent recessions arising from the mis-allocation of risks.
Stamenkovic A

Humans Are Damaging The High Seas - Now The Oceans Are Doing Harm Back Read more: http... - 3 views

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    The oceans are a crucial for human life, and their everyday functioning. The oceans produce $3 trillion of goods and services each year and are untold value for the Earth's ecology. Despite this fact, humans continue to damage this valuable source of life, and the nature is damaging us back by the melting of the Arctic ice in summer, the spread of oxygen-starved dead zones and the death of coral reefs. An example where the nature is harming us back can be seen in Thailand where the coastal mangrove swamps were cleared to set up shrimp farms. However, the ocean storm surges in 2011, rushed in to flood the country's industrial heartland, causing billions of dollars of damage causing the market failure.
Bulatovic M

Palestine News & Info Agency - WAFA - West Bank Aggregate Demand down as Israel withhol... - 1 views

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    This article reports the aggregate demand decline in Israel as well as Gaza strip, it relays thoughts of industrial firm owners who hope and expect an increase in the near future of a reduction in production costs due to oil prices declining, a very relevant topic as always is the price of oil.
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    This article is about the West Bank overall economy has witnessed a decline in aggregate demand for the second consecutive month, mainly due to partial payment of public sector salaries, due to Israel's withholding of clearance revenues, according to the Palestine Monetary Authority.
Benndorf J

Austerity vs. European society - 1 views

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    The article suggets how immense cutbacks had to be made by the government in terms of money spend on education or pensions. It is stated how "when aggregate demand falls short of aggregate supply, governments must increase public spending." The article further suggests that the government needs to focus on designing and implementing social policies that ensure the livelihoods, health, education, and housing on segments of the population.
Stamenkovic A

Road crews dealing with shortage in cinders supply - 1 views

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    The closure of several nearby coal-fired power plants coupled with the booming natural gas drilling industry is creating a shortage of cinders that has forced many local public works crews to wonder if they'll soon have to find an alternative for treating winter roads. Due to the shortage on the market, the price of the products rises and thus the aggregate supply as well.
Stamenkovic A

New Fuel Prices Per Litre RON95 -RM 2.26 And RON97 -RM 2.46 Effective 1st December - 1 views

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    IN Kuala Lumpur the price of RON95 petrol for the month of December is likely to be reduced by four sen, and for the same period, RON97 is expected to cost RM2.46 after the government agreed to lower its price by nine sen. On Nov 21, the government announced that fuel subsidies for RON95 and diesel would be removed from Dec 1. The decrease in the fuel price will benefit the people since, if fuel subsidies lead to an increase in prices, the price of express bus tickets should also be reduced when there is a drop in oil price. Federation of Malaysian Consumer Associations vice-president Mohd Yusof Abdul Rahman said money saved from the removal of subsidies could be used to upgrade the public transport system.
Ewumni M

Child asthma 'drop' after smoke ban - 1 views

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    There was a sharp fall in the number of children admitted to hospital with severe asthma after smoke-free legislation was introduced in England, say researchers. A study showed a 12% drop in the first year after the law to stop smoking in enclosed public places came into force. This article basically shows that the ban on smoking has reduced the negative externalities of consumption that are generated by smoking.
Chung H

Will the parties impose the cruellest stealth tax ever? - 0 views

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    This article discusses the debate to whether the government should impose even crueler taxes and cut public spending to earn more money.
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