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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    The Supreme Court and Picasso

    Oct 8, 11 • 224 Views • No Comments

    This Supreme Court case could affect the music you hear at a concert, the book you can access on Google and the Picasso you might see online. The case is all about copyright protection. The question: If a foreign movie, painting, song, or book is already in...  [read more]

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    A First For Denmark

    Oct 4, 11 • 259 Views • No Comments

    Denmark just became the first country in the world to have a fat food tax. That means butter, milk, pizza, any food with more than 2.3% saturated fat content is more expensive. To be precise, for every 2.2 pounds (one kilogram), the tax is $2.90 (16 kroner)....  [read more]

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    Averting Disasters

    Oct 3, 11 • 295 Views • No Comments

    Disaster spending is setting records this year. At 81, the number of tornadoes, earthquakes, snowstorms, hurricanes and wild fires is equal to the total for all of 2010 and more than each of the previous 3 years. Disaster spending almost created a disaster...  [read more]

  • U.S. Jobs and China

    Sep 30, 11 • 210 Views • No Comments

    Trading with China can be very confusing. As Chinese imports proliferated from 1990-2007, factory employment in the communities surrounding Raleigh N.C. plummeted.  According to the WSJ, the 40% dip in factory jobs led to a government spending increase...  [read more]

  • U.S. Jobs and China

    Sep 30, 11 • 225 Views • No Comments

    http://irps.ucsd.edu/assets/001/501361.pdf “The China Syndrome” The Economic Lesson  ...  [read more]