Real-World Economics Review
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Academic Spring: Phase Two
[The UK] Minister of State for Universities and Science announced last week that beginning in the near future all UK publicly funded academic research will be available on the Web free of charge to anyone anywhere in the world. This is not a politician’s pipe dream; Jimmy Wales, the co-founder of Wikipedia, has already been hired to set it up. Read More »
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To Be Young, Unemployed, or Working for Free in the USA
According to the Bureau of Labor Statistics, the official unemployment rate among young people (ages 16 to 19 years) is 24.9 percent, up from 23 percent a year ago. And, according to the Associated Press, the weak labor market already has left half of young college graduates either jobless or underemployed in positions that don’t fully use their skills and knowledge.
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