Thursday, August 1, 2024

Symbolic Trade and Tradeoffs

Good news! Chess has been discovered to be unfair and a paper offers a solution to the distortion!
After White's first move, Black gets to make two moves consecutively. Then White makes two moves in a row, after which the game resumes as normal.

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Kamala Harris choose Eric Holder to review and recommend possible candidates for VP.

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Symbolic Trade and Tradeoffs

When the Trump administration decided in 2018 to impose a 25 percent tariff on all imported steel, ... employment tradeoffs emerged…. The steel industry employs about 147,000 workers, while there are roughly 2.3 million workers in steel-using industries. The tariffs cost Ford Motor Company a billion dollars in added costs of production because the tariffs made American steel the most expensive in the world. The higher steel costs also hurt Caterpillar and John Deere, as well as machinery producers. One study suggested that, as a result of the steel tariff, the number of jobs in the iron and steel industry and the fabricated metal products industry would increase by 44,000, but there would be 17,000 fewer jobs in motor vehicles and parts and 209,000 fewer jobs in construction.--irwin

While not perfect, it's a close approximation of zero-sum game theory, like corporate taxation.

2 comments:

Anonymous said...

I Thought Jim McCague would be Vice President

Anonymous said...

Why Don’t you take on Kamala In a steel cage match