Posts Tagged ‘recession’

  • 15853_6.30_000005521931XSmall

    Spend More or Less?

    Aug 29, 10 • 203 Views • Economic Debates, Macroeconomic Measurement, RegulationNo Comments

    It was perfect. On the left side of the NY Times Op-Ed page, David Brooks defended the austerity approach. On the right was Paul Krugman saying spend more. Those are the alternatives. Maybe now it will be easier to choose one? Using Germany as his model,

  • 15851_8.28_000006219771XSmall

    Double Dipping

    Aug 28, 10 • 178 Views • Businesses, Economic Debates, Government, Households, Labor, Macroeconomic MeasurementNo Comments

    For a smile, you might want to watch Merle Hazard’s “Double Dippin’” song. As the Guardian points out, also look for the fun trivia such as a small background picture of mathematician Benoit Mandelbrot. No one was smiling, though in

  • 15832_8.19_000002167880XSmall

    Unopened Stimulus Packages

    Aug 19, 10 • 130 Views • Economic History, Economic Thinkers, GovernmentNo Comments

    Economists recently have been debating whether the $787 billion 2009 stimulus package has helped the economy. Perhaps first they should ask what has been spent. For a variety of reasons, recipients of stimulus money are not spending it. Dollars destined for

  • 15816_8.11_000010118282XSmall

    How Are We Spending Our Money?

    Aug 11, 10 • 174 Views • Businesses, Demand, Supply, and Markets, Economic Thinkers, Households, Macroeconomic MeasurementNo Comments

    Has the recession changed how we spend? Here are the numbers that give some answers according to a summary from Michael Mandel, former BusinessWeek chief economist.: Since the 4th quarter of 2007, we have spent more on: 1) telephone equipment/up by 16.6% 2)

  • 15814_8.10_000007038050XSmall

    Start-up stories

    Aug 10, 10 • 183 Views • Businesses, Economic History, Innovation, LaborNo Comments

    During 1939, in a garage, Bill Hewlett and Dave Packard started a new firm. Also in a garage, several decades later Steve Wozniak and Steve Jobs started Apple. Yes, Walt Disney worked in his uncle’s garage and Mattel, the toy company that makes Barbie