Government

Governments’ spending, taxing and borrowing, fiscal policy has a direct impact on economic activity and growth. Looking at the past and present, econlife focuses on the role of government through fiscal policy.

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    A Smaller Safety Net?

    Sep 10, 10 • 241 Views • 1 Comment

    In France, a 24 hour workers’ strike brought retirement rights back to the headlines. Saying that a 60 year old retirement age was no longer affordable, French President Sarkozy has proposed moving it up to 62. French workers disagree. In the U.S., a...  [read more]

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    Bendy Buses and Health Care

    Sep 6, 10 • 220 Views • 2 Comments

    Have you heard of a bendy bus? The bendy bus was supposed to solve Santiago, Chile’s public transit problems. But the story relates to each of us. It all began during 2007 when Santiago decided to replace its private bus system with public transit....  [read more]

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    Unemployment Benefits or Losses?

    Sep 1, 10 • 188 Views • 1 Comment

    Recently, Denmark decided that 4 years of unemployment benefits were too long. Shrinking their duration to 2 years, they said that 1) the longer people are out of a job, the harder it is to find one and 2) too many people wait for benefits to expire before...  [read more]

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    Double Dipping

    Aug 28, 10 • 233 Views • No Comments

    For a smile, you might want to watch Merle Hazard’s “Double Dippin'” song. As the Guardian points out, also look for the fun trivia such as a small background picture of mathematician Benoit Mandelbrot. No one was smiling, though in response...  [read more]

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    FDR and Obama: Similar or Different?

    Aug 26, 10 • 248 Views • No Comments

    If this were 1930 or 1931, you would think you were experiencing a cyclical downturn–not a Great Depression. In an econtalk interview, Stanford’s David Kennedy begins this way, placing the listener in a contemporary context. Instead of looking...  [read more]