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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    More Education Matters

    Mar 12, 11 • 109 Views • Businesses, Economic Debates, Government, Households, Innovation, Labor, Macroeconomic Measurement, Thinking EconomicallyNo Comments

    15-year old U.S. students ranked #24 for math in an OECD assessment program (PISA). For reading, they placed #15. In a Teaching Company lecture called “Underperforming Schools” Wake Forest economist Robert Whaples suggests how we might raise our...

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    Bikes-For-Hire and the British Coastline

    Mar 8, 11 • 97 Views • Environment, Government, Households, Regulation, Thinking EconomicallyNo Comments

    London’s new bikes-for-hire program is about more than bikes. Launched this summer, the program had to solve a mismatch between supply and demand. In certain places there were too few bikes for the number of people who wanted them. In other spots, the...

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    Smog-Eaters

    Mar 2, 11 • 147 Views • Economic Debates, Environment, Government, Regulation, Thinking EconomicallyNo Comments

    What if someone had invented “smog-eating” concrete roof tiles? And, what if these tiles consumed enough smog to offset one car’s nitrous oxide emissions during one year (10,800 miles of driving)? Telling us that a firm in California has...

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    Part 2: The Basics of a Shutdown

    Mar 1, 11 • 93 Views • Government, RegulationNo Comments

    On Friday, we might have a funding gap. With no up-to-date appropriations, agencies providing nonessential services from the federal government will have to stop. But what is “nonessential?” A recent congressional research paper says we can look...

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    Part 1: The Basics of a Shutdown

    Feb 28, 11 • 120 Views • Economic Debates, Government, RegulationNo Comments

    Our story begins on October 1, 2010. With a fiscal year that starts on October 1 and ends on September 30, the first day in October is crucial. Because the President and the Congress had not yet agreed on the 2011 budget, in some way, they had to approve...