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Results tagged with economics
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user 50921
Economics is the analytical study of the costs and benefits of producing, distributing, and consuming goods and services. This tag should not be used for personal finance questions, nor for most questions about expensive items, e.g. exorbitantly priced houses, autos, jewelry. It can be used for current events, and in historical contexts.
16
votes
Did a Soviet nail factory produce useless nails to improve metrics?
The book Social Problems in a Free Society: Myths, Absurdities, and Realities
by Myles J. Kelleher (alt link) documents many of the idiosyncrasies of Soviet planned economy. It mentions the nail stor …
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