econlife on ‘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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    Making Macroeconomic Decisions

    Jun 30, 10 • 113 Views • Economic Debates, Economic History, Economic Thinkers, GovernmentNo Comments

    One problem with macroeconomic policy is the inability to confirm that it does or does not work. With variables constantly in motion, an entire economy as your lab, and no way to keep anything constant, how to know if you are doing the right thing?  This...

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    Can the Post Office Deliver?

    Jun 26, 10 • 115 Views • Businesses, GovernmentNo Comments

    Having just read a Washington Post article about the U.S. Postal Service (USPS), I started thinking about its future. But first, its past: While we have had postal services since the 1600s, Ben Franklin transformed the system. Appointed Deputy Postmaster for...

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    State Deficits and Jaws Charts

    Jun 24, 10 • 121 Views • GovernmentNo Comments

    As a prospective buyer, Daily Show reporter Jason Jones went to check out the Arizona State Capitol Building when he heard it was for sale for $735 million. Once sold, the capitol would then be leased back to the state for $60 million a year. Why sell it?...

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    Paying Fannie Mae’s Bills

    Jun 22, 10 • 90 Views • Financial Markets, Government, HouseholdsNo Comments

    Each of us is helping to pay a $10 million monthly grass mowing bill. Why? Because of homes that are owned by Fannie Mae and Freddie Mac. As GSE’s (government sponsored enterprises), Fannie and Freddie had purchased mortgages from financial...

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    A High, Low, or No Soda Tax?

    Jun 19, 10 • 139 Views • Demand, Supply, and Markets, GovernmentNo Comments

    States debating a tax on soda have to decide whether they want to raise revenue or diminish obesity. If a sales tax on soda is not very high, people will continue buying sugary drinks. The result? The state gets more money. On the other hand, if the tax is...