For the past couple of years, we’ve heard about a housing market recovery, government programs designed to encourage a recovery, federal plans to help people avoid foreclosure, etc. It’s worth mentioning, however, that low interest rates and dropping prices are great but falling unemployment rates would be even better.
Public goods and monopolies are both vital concepts and have an important relationship inside the environmental economics’ landscape. Consumers can actually benefit from monopolies, economically speaking, and in the long run, monopolies help keep our ecology more pristine by not allowing more than one firm in a specific market to perform environmentally sensitive construction within an environmentally sensitive area. There is no debate that many times public goods can be supplied by monopolies more efficiently than in competitive markets.
Amid the coming election and the controversy in the economy over job creators and job killers, alas a bipartisan bill aimed to curtail the massive push of U.S. jobs overseas has hit the House floor. Introduced last week by House Representatives Tim Bishop (D-N.Y.) and David McKinley (R-W.Va.), the long-anticipated pro-jobs legislation would punish U.S. corporations that continue to outsource jobs to offshore call centers making them ineligible for federal government grants and guaranteed loans.
The Economic Forecast for 2012 is a gloomy one. The world’s top economists and investors predict that it will be a year of volatility and uncertainty for the markets and global economy, as a whole. A Federal Reserve Bank of Philadelphia survey involving forty five economic forecasters predicts a real GDP growth of only 2.4 percent and an unemployment rate of 8.8 percent. Just this August, those figures were 2.6 and 8.6 respectively.
A close analytical examination of the Federal Reserve is something that Robert J. Samuelson has hardly encouraged in his apologies for the private federal banking cartel that has been primarily responsible for the awful condition in which the U.S. economy presently exists. Perhaps this essay will serve as a proper response to Mr. Samuelson’s elaborative sophistry.
In graduate school, they taught us the parable of The Boiling Frog… and, though I think they meant us to take away a different lesson, the parable provides a perfect way to describe “progressivism:” the slow war against freedom, strength, and prosperity being waged in the United States since the late 19th century…
Democracy is not just a form of government but also a way of life for a very large section of the world’s population. Democracy was developed as a form of government in ancient Greece and was based on a set of values, principles and ideals. Democracy was meant to be an institution for the people’s welfare and not for the welfare of the state or those who run the state.
Congress has been in talks to rise the period for receiving unemployment benefits to 99 weeks in states that are bearing the heaviest unemployment load. However, a substantial percentage of people have already been jobless for longer, which means that they won’t be affected anyway, and they still may not get unemployment benefits. This legislation has the potential to significantly affect the economic landscape in the post-Recession period.
The question is what would an economic collapse look like in China? And will it actually happen? but before you ask that question you must realise that some parts of the Chinese economy are in serious trouble.
A few weeks ago, UK Prime Minister David Cameron urged European leaders to wheel out their ‘big bazooka’ to tackle the eurozone debt problem. That’s mighty impressive language – a bit reminiscent of the ’shock and awe’ terminology that preceded the last Gulf war. The only problem was that I couldn’t find any decent explanations at the time in the regular news and media outlets of exactly what Mr. Cameron meant by the phrase ‘big bazooka’.
