The Eclectic Economist

The Eclectic Economist

Displaying 1 - 10 of 28 articles

The first Labor Day was hardly a national holiday. Workers had to strike to celebrate it. Frank Leslie's Weekly Illustrated Newspaper's September 16, 1882

Have we forgotten the true meaning of Labor Day?

The holiday began as a strike against excessive workweeks but now bears little resemblance to its worker-centric origins, even as the founders' gains are slowly lost.
Maybe we should just live together… Rejected proposal via www.shutterstock.com

Why are fewer people getting married?

Marriage rates have been falling for decades and are now at their lowest in at least 150 years. What's wrong with getting hitched?
Brazil is reeling from the political corruption scandal involving former President Luiz Inacio Lula da Silva (pictured on the fake bills) and members of the current government. Reuters

From Panama papers to Brazilian bribes: why corruption is so costly

The headlines are full of stories of corruption and mega scandals, but what does it mean for the rest of us? And what makes the economic cost of corruption so high?