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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    Random Notes From Recent News

    Oct 19, 10 • 228 Views • No Comments

    1. Among the U.N.’s 8 millennium goals for 2015, sustaining aging populations was not included. Why? 2. You might want to decide with whom you agree: WSJ‘s Daniel Henninger saying that “Capitalism Saved the Miners” or The Huffington...  [read more]

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    Macroeconomics and Mandelbrot

    Oct 18, 10 • 295 Views • No Comments

    How are macroeconomics and the British coastline similar? Mathematician Benoit Mandelbrot could tell us. Dr. Mandelbrot was the father of fractal geometry and the idea that the closer you look, the more you see. From a distance, the British coastline will...  [read more]

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    Aging Trends

    Oct 12, 10 • 289 Views • No Comments

    Baseball’s MVPs are typically younger than 30 and rarely over 35. Office workers and salespeople tend to be most productive in their early to mid-40s. Most Nobel prize winners in physics and chemistry did their innovative work before they were 50....  [read more]

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    Innovative Thoughts

    Oct 10, 10 • 296 Views • No Comments

    Saying we need “More (Steve) Jobs, Jobs, Jobs” journalist Tom Friedman reminded us that economic “stimulation” is more important than economic stimulus. Using the creative, successful, and competitive co-founder and current CEO of...  [read more]

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    Cyclical or Structural?

    Oct 9, 10 • 269 Views • No Comments

    Economists still cannot agree. With the new unemployment rate, at 9.6%, the same as the old unemployment rate, one question remains the same. Is it a jobs mismatch, contractionary lay-offs, or a third economic ailment? The diagnosis you choose will determine...  [read more]