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Machines can substitute/complement human beings. In your opinion should productivity be sacrificed so that people can work? Explain your thinking (5-15)

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Machines can substitute/complement human beings. In your opinion should productivity be sacrificed so that people can work? Explain your thinking (5-15)

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No, the productivity should not be sacrificed. If people want to work, then they should be performing tasks that require skill or education. Productivity is very important.

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Have economists fallen victim to the "intelligence myth"? Does it matter either way? (5-15)

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Have economists fallen victim to the "intelligence myth"? Does it matter either way? (5-15)

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Economists have, to some degree, fallen victim to the intelligence myth but it has not made a significant impact in their theorizing. Predictions of the future do not necessitate a change in ideology, so it does not really matter either way.

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Do you believe that automation increases/decreases the economic "pie"? Why? (5-15)

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Do you believe that automation increases/decreases the economic "pie"? Why? (5-15)

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Automation, for the most part, inherently boost productivity in the workplace. This will increase the economic pie for everybody because jobs can be freed up for less menial tasks and people can put their labor to better use.

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Do you believe that outlet/discount options can combat online shopping? (3-30)

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Do you believe that outlet/discount options can combat online shopping? (3-30)

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These shopping centers probably have to cut prices much lower than the ones listed on the internet

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Could this "experience" philosophy work to save the New England-based malls?  (3-30)

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Could this "experience" philosophy work to save the New England-based malls?  (3-30)

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I do think that the experience philosophy save New England malls. Lots of people like to just go out with friends to the mall already, and adding various attractions or just something new to the area would definitely

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Comment on job loss or small business closures as it relates to these topics. (3-16)

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Comment on job loss or small business closures as it relates to these topics. (3-16)

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The successes of the biggest companies mean the failures of smaller companies. Big companies are essentially creating legal monopolies at this point because they have grown so bloated and dominant in their respective industries. Something needs to be done to bring these companies to heel in order to protect the jobs and businesses of smaller employees and companies.

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64 billion dollars has been paid by Walmart in taxes. Is this burden too much or too little? Why? (3-16)

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64 billion dollars has been paid by Walmart in taxes. Is this burden too much or too little? Why? (3-16)

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I have no idea what the gross income is of Walmart, so I can't answer that accurately. However, my personal intuition says that that seems to be the fair amount to pay unlike Amazon who payed only $1B. Companies should be forced to pay their 'fair share' so they don't grow too big and can help the country.

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GDP of these companies (Amazon, etc.) has outpaced India. Should these companies be regulated? Should they have "power" like India, China, etc.? (3-16)

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GDP of these companies (Amazon, etc.) has outpaced India. Should these companies be regulated? Should they have "power" like India, China, etc.? (3-16)

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They should absolutely be regulated. The fact that Amazon has outpaced one of the largest countries on the planet economically is unbelievable. They should not have power like India, China, etc. They do not govern a territory and populace; they run a business and provide services. Too much is just too much.

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Behavioral economics is the fastest growing economic sector for large companies. Do you believe that behavioral economics takes advantage of the consumer? (3-16)

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Behavioral economics is the fastest growing economic sector for large companies. Do you believe that behavioral economics takes advantage of the consumer? (3-16)

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Yes, I think that behavioral economics inherently takes advantage of the consumer. It uses psychological aspects to manipulate people into doing what the advertiser desires. Just because this method takes advantage of people, however, I don't think it's a bad thing. The fact that this type of economics takes advantage of inherent biases and ticks in the human brain is clever.

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To what extent do you believe financial stability is possible for an individual 18-24 in the US? (3-14)

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To what extent do you believe financial stability is possible for an individual 18-24 in the US? (3-14)

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I think it varies greatly depending on what that person is doing with their life. Those who choose to go to college probably are not going to be financially stable for a long time because they will be in debt. Those that choose not to go to college and immediately secure a job will be much more financially stable but will have little possibility for upward mobility. It is a quid pro quo system.

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50% of the US population is considered to be financially illiterate. How would you fix this issue? Does it need a solution? (3-14)

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50% of the US population is considered to be financially illiterate. How would you fix this issue? Does it need a solution? (3-14)

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I think that the US education system is, again, to blame. People are not often taught in school about finance and other important money-related topics. If these classes were mandatory, core-curriculum in all high schools across the country, then this statistic would surely drop.

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60% of the US public has less than $1,000 in savings. To What extent is the US economic system to blame? (3-14)

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60% of the US public has less than $1,000 in savings. To What extent is the US economic system to blame? (3-14)

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I don't think that the US economic system is to blame at all. If people don't save their money, that's completely on them, and it probably means that they never received education in personal finance. If anything, this is more on people's parents and on education systems that neglect to teach students about the importance of saving our money.

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"Universal income" is incredibly controversial. Can that / should that become a reality? (2-16)

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"Universal income" is incredibly controversial. Can that / should that become a reality? (2-16)

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I do not think that universal income should become a reality. It would cost the government way too much money and it only discourages people from living up to their full potentials. Social security should be given to those who truly need it, not every single citizen.

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The poverty rate is often seen as a statistic, not the humans behind it. What would you suggest as a solution to poverty? (2-16)

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The poverty rate is often seen as a statistic, not the humans behind it. What would you suggest as a solution to poverty? (2-16)

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Free community college and greater advertising about the importance of education. More education should theoretically equal less poverty.

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How should a nation's growth / satisfaction be measured? By whom? (2-16)

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How should a nation's growth / satisfaction be measured? By whom? (2-16)

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The Gini Index or Human Development Index.This should be measured by independent organizations (so as to be free of bias) comprised of economically and socially-educated individuals.

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What does "better off" mean to you? (2-16-18)

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What does "better off" mean to you? (2-16-18)

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Being "better off" means living a more comfortable or happy life than others, especially one's parents in this domestic context.