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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    Greece and Argentina

    Oct 25, 11 • 640 Views • No Comments

    Nobody wants Greece to become Argentina. It all began with what scholars Rogoff and Reinhart called the lending boom of the 1990s. Enjoying the influx of dollars, Argentina borrowed and grew and prospered…for awhile.  But when recession hit at the end......  [read more]

  • Industries afflicted with Baumol's Disease have slower productivity growth.

    Babies and the Elderly

    Oct 24, 11 • 483 Views • No Comments

    The beginning of life and the end of life are becoming more expensive. The number of premature babies in the U.S. has soared by 36% during the past 25 years. Caused partially by twins, triplets, (and more) from older mothers and by advances in......  [read more]

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    Chinese Imports

    Oct 23, 11 • 489 Views • No Comments

    Are you paying more for your clothing? According to NY Times financial journalist Floyd Norris, women’s shirt prices, dresses, sweaters, all that government statisticians consider female “outerwear,” have started to become more expensive.......  [read more]

  • Another Greek Haircut

    Oct 23, 11 • 356 Views • No Comments

    2 day strike Euro progress Planet Money......  [read more]

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    A Surprising Deficit Worry

    Oct 22, 11 • 401 Views • No Comments

    Who do you think is the biggest holder of U.S. government debt? The U.S. government. Whenever Social Security collects more payroll tax money than it needs, it buys U.S. securities. Retaining cash would mean no return, buying stock could be risky and,......  [read more]