Economic Debates

Most economic decisions can be debated. We have to decide whether we want higher or lower taxes, where to cut government spending, whether the deficit matters, if a business should have more regulation, if marginal analysis should affect environmental regulation. Learning about economics involves defending policy alternatives.

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    Looking at Labor

    Sep 5, 11 • 415 Views • No Comments

    What if a physical trait meant you will earn $230,000 less during a lifetime?   According to one study, a person who was in the bottom one-seventh for looks earned 10% to 15% less than people who were in the top one-third. In a NY Times column, a......  [read more]

  • Job Gains in Texas and Losses in Caifornia and Florida

    Home Work

    Sep 3, 11 • 463 Views • No Comments

    More unemployed means more people at home. One study asked, what are the unemployed doing? During every day’s “foregone market work hours,” unemployed people are occupied with home production, leisure, and job search. The day’s time......  [read more]

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    Solar Panel Problems

    Sep 2, 11 • 395 Views • No Comments

    We could call it a double pay-off. Subsidized by stimulus spending, Solyndra could create jobs and develop “green” technology. But it did not work out that way. According to the Washington Post and the NY Times, solar panel maker Solyndra got a......  [read more]

  • How much should cities plan for the storm of the century?

    Stormy Issues

    Sep 1, 11 • 406 Views • No Comments

    For Hurricane Irene relief, the debate is again about the debt. Let’s start with the Congress. Expressed by Texas Representative Ron Paul, government should not play a role because “intrusive” bureaucracy” hinders local people and......  [read more]

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    Manufacturing Jobs

    Aug 28, 11 • 386 Views • No Comments

    Our story begins with M.I.T.’s lithium-ion battery research and then takes us to South Korea and China where the batteries are made. Next, in a surprising move, some of the manufacturing returns to the U.S. With $375 million in federal stimulus money......  [read more]