economicsprinciplesandapplications.blogspot.com
Economics: Principles and Applications: Should we boycott or ban products made by sweatshops?
http://economicsprinciplesandapplications.blogspot.com/2011/06/should-we-boycott-or-ban-products-made.html
Economics: Principles and Applications. Tuesday, June 7, 2011. Should we boycott or ban products made by sweatshops? From the New York Times: Where Sweatshops Are a Dream. By Nicholas D. Kristof January 14,2009. Among people who work in development, many strongly believe (but few dare say very loudly) that one of the best hopes for the poorest countries would be to build their manufacturing industries. But global campaigns against sweatshops make that less likely. The Unbelievable Truth About Sweatshops.
economicsprinciplesandapplications.blogspot.com
Economics: Principles and Applications: Population, Economic Growth, & Natural Resource Prices
http://economicsprinciplesandapplications.blogspot.com/2013/01/population-economic-growth-natural.html
Economics: Principles and Applications. Wednesday, January 16, 2013. Population, Economic Growth, and Natural Resource Prices. One of the most missed questions in my principles class straight from the textbook - T/F: the prices of most natural resources have remained stable or decreased:. Http:/ www.aei-ideas.org/2013/01/julian-simon-still-more-right-than-lucky-in-2013/. Sent from my iPhone. Posted by Matt Bogard. Should resource allocation be based on democratic outcomes (voting) instead of prices?
economicsprinciplesandapplications.blogspot.com
Economics: Principles and Applications: Knowledge Problem
http://economicsprinciplesandapplications.blogspot.com/2011/05/knowledge-problem.html
Economics: Principles and Applications. Monday, May 23, 2011. The knowledge of the circumstances of which we must make use never exists in concentrated or integrated form, but solely as the dispersed bits of incomplete and frequently contradictory knowledge which all separate individuals possess'. This is referred to by economists as the 'knowledge problem.'. For more information related to issues regarding democratic decision making, see Public Choice Analysis. The Use of Knowledge in Society. Is grain ...
economicsprinciplesandapplications.blogspot.com
Economics: Principles and Applications: Taxes, Elasticity, Revenue, and Economic Activity
http://economicsprinciplesandapplications.blogspot.com/2011/09/taxes-elasticity-revenue-and-economic.html
Economics: Principles and Applications. Friday, September 2, 2011. Taxes, Elasticity, Revenue, and Economic Activity. Romer, Christina and David Romer, (2010). The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks, American Economic Review, vol. 100(3), pages 763-801. Tax increases to be highly contractionary with a negative effect on investment. Fiscal stimulis based on tax cuts increases the probability of future economic growth greater than spending. Djankov, Sime...
economicsprinciplesandapplications.blogspot.com
Economics: Principles and Applications: Income, Poverty and Economic Growth
http://economicsprinciplesandapplications.blogspot.com/2009/10/chapter-7-applications-fall-2009.html
Economics: Principles and Applications. Tuesday, October 6, 2009. Income, Poverty and Economic Growth. New York Times: You Are What You Spend. Wall Street Journal: Income Mobility- U.S. Treasury Study ( link. Income Mobility in the U.S. from 1996 to 2005. DEPARTMENT OF THE TREASURY. From the PEW Economic Mobility Studies:. Http:/ cafehayek.com/2009/06/absolute-mobility.html. Source: The Myth of Middle-Class Stagnation, Steve Conover. From the October 3rd EconTalk podcast,. October 18, 2010. Income data p...
economicsprinciplesandapplications.blogspot.com
Economics: Principles and Applications: Externalities, Coase, Ostrom & Demsetz
http://economicsprinciplesandapplications.blogspot.com/2013/03/externalities-coase-ostrom-demsetz.html
Economics: Principles and Applications. Thursday, March 7, 2013. Externalities, Coase, Ostrom and Demsetz. Ronald Coase brought new insight to the way we view social costs and the principle of ‘polluter pays.’. The insight that Coase brought was the reciprocal nature of social costs and externalities and has been referred to as the Coase Theorem. The important elements of the Coase Theorem (in the context of the present example) can be demonstrated as follows:. Production) you are harming me. The assignm...
economicsprinciplesandapplications.blogspot.com
Economics: Principles and Applications: Keynesian Multipliers and Fiscal Stimulus Policy
http://economicsprinciplesandapplications.blogspot.com/2011/11/keynesian-multipliers-and-fiscal.html
Economics: Principles and Applications. Monday, November 28, 2011. Keynesian Multipliers and Fiscal Stimulus Policy. Among academics over the last 30 years, the idea of fiscal stimulus has been discredited and in graduate courses, it is "taught only for its fallacies.". John Cochrane, University of Chicago Booth School of Business. Thomas Sargent, New York University, Nobel Prize in Economics 2011. Did Stimulus Dollars Hire the Unemployed? Discussion of her work with economist Russ Roberts). Http:/ weber...
economicsprinciplesandapplications.blogspot.com
Economics: Principles and Applications: An Estimate of the Impact of Regime Uncertainty on Current Unemployment
http://economicsprinciplesandapplications.blogspot.com/2013/08/an-estimate-of-impact-of-regime.html
Economics: Principles and Applications. Saturday, August 3, 2013. An Estimate of the Impact of Regime Uncertainty on Current Unemployment. In their paper Uncertainty and the Slow Labor Market Recovery. They present "evidence that heightened uncertainty about economic policy during the recovery made businesses more reluctant to hire workers.". Posted by Matt Bogard. Should resource allocation be based on democratic outcomes (voting) instead of prices? Are the rich getting richer while the poor get poorer?
economicsprinciplesandapplications.blogspot.com
Economics: Principles and Applications: Income Shares and Taxes
http://economicsprinciplesandapplications.blogspot.com/2011/10/income-shares-and-taxes.html
Economics: Principles and Applications. Monday, October 3, 2011. Income Shares and Taxes. Source: http:/ www.cbo.gov/ftpdocs/88xx/doc8885/EffectiveTaxRates.shtml. Historical Effective Federal Tax Rates: 1979 to 2005 Congressional Budget Office. Source: http:/ www.cbo.gov/ftpdocs/88xx/doc8885/EffectiveTaxRates.shtml. Historical Effective Federal Tax Rates: 1979 to 2005 Congressional Budget Office. Progressiveness of Income Taxes by Country. Posted by Matt Bogard. What prolonged the Great Depression? Stati...