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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    A Unique Gift Idea

    Dec 10, 10 • 104 Views • Government, Thinking EconomicallyNo Comments

    Would you like a bus stop named after you? In Chicago, you could do it. The message here is that naming opportunities have been created in order to raise money for municipalities. You could catch a train at an AT&T subway stop in Philadelphia. Or, you...

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    State Finance

    Dec 6, 10 • 144 Views • Government, Households, Thinking EconomicallyNo Comments

    Which state postponed a pension fund payment of $3.1 billion because of big budget problems and had a 2.4% decrease in its real GDP? (Still though, this state has the second highest median income.) The answer? New Jersey. New Jersey, though, is not alone. Jon...

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    Who Do We Owe?

    Dec 4, 10 • 113 Views • Financial Markets, Government, Money and Monetary PolicyNo Comments

    Who do you think is the biggest holder of U.S. government debt? China? No. It is the U.S. government. Why? Please think about extra money the government might collect for Social Security. What does it do with those funds? Retaining cash would mean no return...

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    Innovation and Regulation

    Dec 2, 10 • 93 Views • Demand, Supply, and Markets, Government, InnovationNo Comments

    Is more innovation the opportunity cost of more regulation? If so, which do you prefer? To see one person’s opinion, I recommend a recent Washington Post op-ed, “Strangling innovation and job creation with red tape.” The Washington Post...

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    Virginia and Germany

    Dec 1, 10 • 91 Views • Demand, Supply, and Markets, Economic Debates, Financial Markets, Government, International Trade and Finance, Macroeconomic Measurement, Money and Monetary PolicyNo Comments

    “Where…is the justice of compelling a State which has taxed her citizens for the sinking of her debt, to pay…the debts of other states, which have made no exertions whatever?” This quote, from John Steele Gordon’s,...