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.

  • GPI Instead of CPI?

    Oct 27, 10 • 217 Views • Financial Markets, Government, Macroeconomic Measurement, Money and Monetary PolicyNo Comments

    Your grandma cares about the CPI. If it indicates the price level is rising, then she will automatically get a COLA–a cost of living adjustment that elevates her monthly social security check. This video from NPR’s Paul Solman shows how CPI...

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    Random Notes From Recent News

    Oct 19, 10 • 104 Views • Demand, Supply, and Markets, Government, HouseholdsNo Comments

    1. Among the U.N.’s 8 millennium goals for 2015, sustaining aging populations was not included. Why? 2. You might want to decide with whom you agree: WSJ‘s Daniel Henninger saying that “Capitalism Saved the Miners” or The Huffington...

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    Macroeconomics and Mandelbrot

    Oct 18, 10 • 137 Views • GovernmentNo Comments

    How are macroeconomics and the British coastline similar? Mathematician Benoit Mandelbrot could tell us. Dr. Mandelbrot was the father of fractal geometry and the idea that the closer you look, the more you see. From a distance, the British coastline will...

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    Aging Trends

    Oct 12, 10 • 102 Views • Economic Debates, Economic History, Government, Households, Innovation, Labor, Macroeconomic Measurement, Thinking EconomicallyNo Comments

    Baseball’s MVPs are typically younger than 30 and rarely over 35. Office workers and salespeople tend to be most productive in their early to mid-40s. Most Nobel prize winners in physics and chemistry did their innovative work before they were 50....

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    Innovative Thoughts

    Oct 10, 10 • 118 Views • Businesses, Government, Innovation, Labor, Macroeconomic MeasurementNo Comments

    Saying we need “More (Steve) Jobs, Jobs, Jobs” journalist Tom Friedman reminded us that economic “stimulation” is more important than economic stimulus. Using the creative, successful, and competitive co-founder and current CEO of...