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.

  • The ROI From College

    Human Capital: The Cost of College

    Aug 24, 13 • 723 Views • No Comments

    Explaining his proposal to make colleges more “accountable and affordable,” President Obama said we need some criteria to rate schools. Why? Measures that would include tuition, graduation numbers, and the proportion of enrolled lower income......  [read more]

  • Income Mobility: Location Matters

    Jul 23, 13 • 630 Views • No Comments

    Reading about US income mobility, I recalled what fractal mathematician Benoit Mandelbrot said about the British coastline. While from a distance it will appear straight, the closer you look, the more you see its indents and zigzags. Consequently, Dr.......  [read more]

  • 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]

  • Graduation_Cap_and_Gown_1

    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]

  • Cypriot Euro

    The Eurozone: A “Cypriout?”

    Jul 12, 13 • 1005 Views • No Comments

    First people were concerned about a Grexit and now it’s the Cypriout. A German euro, a Greek euro, indeed all euros are supposed to be the same money. Traveling across the eurozone, in any of the 17 countries with the euro as its currency, people should......  [read more]