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Reviving Economics

Dedicated to dismantling the Ivory Tower and attempting, in some small way, to help revive the social science of economics.

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Reviving Economics | econrevival.blogspot.com Reviews

https://econrevival.blogspot.com

Dedicated to dismantling the Ivory Tower and attempting, in some small way, to help revive the social science of economics.

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1

Reviving Economics: July 2007

http://econrevival.blogspot.com/2007_07_01_archive.html

Dedicated to dismantling the Ivory Tower and attempting, in some small way, to help revive the social science of economics. Tuesday, July 31, 2007. IN government just not getting it. The situation now in Indiana (or at least Indianapolis) has become one of those rare instances in which the general populace actually agrees with mainstream economists on something (which is something I myself am increasingly. Taking $100 million of the state's surplus to fund an additional. All short-term fixes. Delving...

2

Reviving Economics: Crowding Out And Its Relation To Bullshit

http://econrevival.blogspot.com/2013/10/crowding-out-and-its-relation-to.html

Dedicated to dismantling the Ivory Tower and attempting, in some small way, to help revive the social science of economics. Wednesday, October 23, 2013. Crowding Out And Its Relation To Bullshit. So a few things are wrong with this idea:. 1 We are not on the gold. 2 In our economy there are funds that are just lying around because no one is using them. But people don't seem to get this. Especially conservatives. And then the brainiacs at the Congressional Budget Office say things like this (from 2009):.

3

Reviving Economics: Purpose of Taxation

http://econrevival.blogspot.com/2014/04/purpose-of-taxation.html

Dedicated to dismantling the Ivory Tower and attempting, in some small way, to help revive the social science of economics. Tuesday, April 15, 2014. My own personal feelings on budgets as it relates to government is more nuanced than the traditional conservative (I hate government spending and taxes) versus liberal (I love - or at least support - government spending and taxes). The use of taxes to fund spending is an optical illusion that gets perpetuated in the media - liberal or otherwise. Income taxes...

4

Reviving Economics: February 2007

http://econrevival.blogspot.com/2007_02_01_archive.html

Dedicated to dismantling the Ivory Tower and attempting, in some small way, to help revive the social science of economics. Wednesday, February 28, 2007. Cigarette tax shot down, unfortunately. My previous post talked about what I view as a good bit of legislation passing in Indiana. Now I want to talk about a bill that was narrowly defeated in the House recently. Pigovian taxation at its worst. See my views on gas tax hikes). Why would the Governors fellow Republicans nix such a fine idea? Of course, it...

5

Reviving Economics: September 2007

http://econrevival.blogspot.com/2007_09_01_archive.html

Dedicated to dismantling the Ivory Tower and attempting, in some small way, to help revive the social science of economics. Thursday, September 27, 2007. Econ PhD Beats "Efficient" Market. Time to finally toss the efficient market hypothesis. A Yale (sorry Mankiw, Harvard really ISN'T best at everything) econ PhD has consistently beat the market in terms of rate of return. He's made an average 16% annual return over 21 years.". Someone should have taught me THAT brand of economics. Of course, the Bishop ...

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NHS Prescriptions Data 1st try! « Spatiametrics

https://spatiametrics.wordpress.com/2016/01/29/nhs-prescriptions-data-1st-try

Understanding spatial data trends. NHS Prescriptions Data 1st try! January 29, 2016. On the Health and Social Care Information Centre site provides data for ALL NHS prescriptions. There data here goes back to 2010 so quite a lot to go back and even do time series analysis on this, for now I’ll just look at October 2015 for the most recent data. Here is the first draft visualised in Omniscope. For data from October 2015 (screenshots below). So what can we tell from the data? Data errors found so far!

proctereconomics.blogspot.com proctereconomics.blogspot.com

Procter Economics: 2010-02-14

http://proctereconomics.blogspot.com/2010_02_14_archive.html

Better Choice Through Thought". Wednesday, February 17, 2010. De-Regulation and Economic Implosion. There's been some interesting news the last few days. 1 Evan Byah retiring. For some odd reason, he's being portrayed as a centrist democrat. I think Bill Mahar. Is right on labeling him a corporatist. 2 Frontline Program on Derivatives Regulation. 3 De-regulation under Clinton and U.S. Employment. That program lays out the domestic economic impacts of the Clinton's trade policy with China that opened the ...

proctereconomics.blogspot.com proctereconomics.blogspot.com

Procter Economics: Gosh, what happened to my budget?

http://proctereconomics.blogspot.com/2010/03/gosh-what-happened-to-my-budget.html

Better Choice Through Thought". Thursday, March 11, 2010. Gosh, what happened to my budget? Ah yes, there's planning and then there's operations. Rarely do they coincide. What to do? This is one place where risk management comes in. How does a small business with little money for sophisticated resources and guidance navigate these waters? Here's the approach,. 1 Make a judgment call about what you think your most shaky variable is in your budget (there are likely more than one). This is a very simple app...

proctereconomics.blogspot.com proctereconomics.blogspot.com

Procter Economics: 2010-01-24

http://proctereconomics.blogspot.com/2010_01_24_archive.html

Better Choice Through Thought". Thursday, January 28, 2010. Employment Much Worse in this Recession. Below are three charts comparing unemployment and labor force growth in this recession compared to other post WWII recessions. NOTE: Click on a chart to open it larger in a separate window. For work. Chart 3 shows that the civilian labor force kept growing, but at a slowing. Rate, up until about this past October. Then, the civilian labor force actually began to shrink. For a bit of good news, Chart 6 ill...

proctereconomics.blogspot.com proctereconomics.blogspot.com

Procter Economics: 2009-12-20

http://proctereconomics.blogspot.com/2009_12_20_archive.html

Better Choice Through Thought". Monday, December 21, 2009. The Structure pertains to the rules, laws, prices, and so forth that are relevant to the policy you are examining. What gets included under Structure is quite flexible. Generally, think of it as whatever you understand as important to the evaluation you are conducting that is presently in existence and considered critical to describing the problem you're hoping to solve. I've seen decision-makers discuss and reach decisions, often in a convoluted...

proctereconomics.blogspot.com proctereconomics.blogspot.com

Procter Economics: 2009-11-29

http://proctereconomics.blogspot.com/2009_11_29_archive.html

Better Choice Through Thought". Thursday, December 3, 2009. Mainstream" Economics, Heterodox Economics, and the Real World. This post picks up a thread begun in one of my first posts. How can economics be helpful to "real world" choices. G, and James Schaffer who at the time were among the main flag bearers of. One thing that strikes me about 'mainstream' economists and economics overall is its desire to offer policy prescriptions and guidance while at the same time wanting to be seen as being objective&...

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Procter Economics: Starting a new Business - A Flight into the Unknown

http://proctereconomics.blogspot.com/2010/03/starting-new-business-flight-into.html

Better Choice Through Thought". Monday, March 8, 2010. Starting a new Business - A Flight into the Unknown. Are all these ideas worthy? Yet, that's not the question. One good question is what are the priorities? What do you really want to do? What do you really want to accomplish? What is your primary purpose? I'm not saying it's a wrong path to travel down. Rather, that you need to be cautious as you travel down that path. I've seen people who are really just grasping for confirmation grab onto ...P5:In...

proctereconomics.blogspot.com proctereconomics.blogspot.com

Procter Economics: 2009-11-22

http://proctereconomics.blogspot.com/2009_11_22_archive.html

Better Choice Through Thought". Saturday, November 28, 2009. Should Tim Geithner be Replaced? More and more people are calling for Treasury Sec. Tim Geithner's resignation. Among them calling for his resignation include J im Rodgers. I particularly like this passage from The New Republic article. A sure sign of his impending departure is the political heat he's drawing to the Obama Administration. Dumping him might reduce that heat, but will it lead to a fundamental change in Administration policy? Out t...

proctereconomics.blogspot.com proctereconomics.blogspot.com

Procter Economics: What About When Costs and Revenues Are Interdependent?

http://proctereconomics.blogspot.com/2010/03/what-about-when-costs-and-revenues-are.html

Better Choice Through Thought". Monday, March 8, 2010. What About When Costs and Revenues Are Interdependent? In the prior post, it was implicitly assumed that costs and revenues are independent. This is how you can develop costs and then determine needed revenues. What about when costs and revenues are interdependent? If your business has a fixed monthly payment for a space, such as a monthly lease, then this cost is clearly known. However, what if you rent space as the need arises? One other implicatio...

proctereconomics.blogspot.com proctereconomics.blogspot.com

Procter Economics: Bankers, Economics, and when will Obama REALLY Work for Main Street?

http://proctereconomics.blogspot.com/2010/01/bankers-economics-and-when-will-obama.html

Better Choice Through Thought". Wednesday, January 27, 2010. Bankers, Economics, and when will Obama REALLY Work for Main Street? Joseph Stiglitz spoke today at the Davos World Economic Forum. In a wide-ranging talk. Bloomberg reports that he chastised bankers for creating 'negative value' for society. Reuters. Reports that banks are doubling-down on risk. I did nothing wrong. I was presented with such an opportunity that any hot blooded male would have done the same thing. Right. The Administration's re...

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The Econ Review - Economics News with a Historical Perspective

Economics News with a Historical Perspective. August 7, 2015. About The Econ Review. Address comments to editor@econreview.com. Commentary on the latest U.S. payroll employment. Figures can be found at the Economics Roundtable. Uses very similar Phillips Curve charts to review recent history and current issues. Charts for GDP and payroll employment. Show the historical patterns in this relationship. Custom select side-by-side charts for these variables and interest rates and yield curves. The Mundell-Fle...

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Chris Krabb and Nic Nog's Economic Review - Home

Chris Krabb and Nic Nog's Economic Review. The Blog. Share your thoughts please. This is our home page dog! Check it out. It's the best one you'll ever see. Each week we post a summary of the chapter we covered in class. Please comment on our blog with suggestions. Here on the website, Chris and I will post what we learn in our economics class with Mr. Treadway. We hope to exemplify the book of our class as best as possible to show our understanding of the study of economics. Create a free website.

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Reviving Economics

Dedicated to dismantling the Ivory Tower and attempting, in some small way, to help revive the social science of economics. Monday, January 5, 2015. Where's This Inflation, Professor? Anyway, it's been a year. I'm waiting for all this inflation. Inflation, where are you! Sorry to any student of Intro Macro that missed that question. Chances are you missed it because you are grounded in reality and not some made up textbook fantasy land. Labels: inflation money supply heterodox bad exam questions. Happens...

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We should not let others pretend that there are no energy alternatives because they can't think of any or won't work to make them available - this is America, where the electric revolution began on Pearl St. in Manhattan over 100 years ago. We have been advocating a new model to promote responsible clean power, with a Public Private Partnership enabling a translation to a new economy not strangled by offshore petroleum interests and poor corporate governance in the power sector. Pearl Street produced pow...

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