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.

  • Weekly roundup and Chinese money

    China’s GDP: A Growing Mystery

    Jul 16, 13 • 1371 Views • No Comments

    In China, imagine one half million hairdressers with their own small businesses who have no bookkeeping records. Think of another 500,000 with books that conceal revenue from the local tax collector. During 2004, with an Economic Census to complete, the......  [read more]

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    Gender Issues: Family Friendly Tradeoffs

    Jul 16, 13 • 686 Views • No Comments

    Is it logical to say that women should support family friendly workplaces? Maybe. Research suggests that family friendliness has increased female labor force participation. In Spain and Germany, employees who take parental leave know their job will be there......  [read more]

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    Human Capital: A Student Loan Crisis?

    Jul 14, 13 • 2035 Views • No Comments

    1. During the great recession, student debt increased. 2. Consequently, student loan delinquencies went up. 3. But graduates are benefiting from their degrees. 4. For one type of a federal student loan held by close to 10 million people, the congressionally......  [read more]

  • You can diminish the negative externalities of free city parking by using an app that lets you charge someone to use the space you vacate.

    Negative Externalities: Guaranteed Parking

    Jul 11, 13 • 1903 Views • No Comments

    When we have guaranteed parking, we tend to drive more. Comparing the driving habits of residents living in 2 NYC communities, transportation researchers concluded that 31 percent more Jackson Heights, Queens residents drive to work than car owners who live......  [read more]

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    A Tragedy of the Commons: City Streets

    Jul 7, 13 • 1038 Views • 2 Comments

    As a frequent driver to NYC, I was surprised to learn how much space my car occupies. Driving down 5th Avenue at 15 kilometers an hour (9.3 MPH), my car requires 40 square meters of street (430 square feet). If I can accelerate to 30 km/h (18.6 MPH), then my......  [read more]