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Everyday Economics - Suggest a New Topic

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  1. Why Are Negative Interest Rates A Bad Thing?

    While nobody wants skyrocketing inflation, Economists seem to agree that mild inflation is acceptable. However, there also seems to be a near universal belief that even mild deflation is a horrible phenomenon. I can't grasp why this is the case, other than the psychological effects of "self-fulfilling prophecy". If dollars are worth slightly more today then they are a month from now, won't that trigger demand/consumption? Won't that increased demand reduce unemployment and increase businesses spending/short-term investment? Please help me understand where I have gone wrong.

    3 votes
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  2. What happens to investments when a currency collapses?

    Say the US dollar collapses. There is massive runaway inflation. My mortgage is still $xxx,xxxx. What does my employer pay me? How? Can I pay off my house now worth a couple ounces of gold converted to inflated US dollars? Did the bank just lose huge on their bet with me and millions of other homes for which they loaned money? What other factors should I consider?

    3 votes
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  3. How do we reconcile Ice-Age psychology (e.g. envy and spite to control IPD) with rational economics?

    In small groups, where cooperation was the iterated prisoners' dilemma, it was quite rational to act irrationally, declining unequal sharing for example. See the allocate / veto game, where disgust at "unfairness" makes one side turn down free money.
    Those instincts run deep. They drive the politics of envy and tribal resentment.
    But to prosper we must embrace rational economics, and learn to live with unequally-rich, as superior to equally poor.

    2 votes
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  4. Does saving money hurt others?

    Are those who hoard money depriving others, making others lives less prosperous?

    5 votes
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  5. Did slavery help finance the Industrial Revolution in England?

    Eric Williams's book Capitalism and Slavery puts forward the notion that the profits from slavery helped finance the Industrial Revolution. What do modern historians and economists think of this proposition?

    1 vote
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  6. What is money? Do I care?

    I've always thought money is a squirrely thing. It transfers value but doesn't have any inherent value itself. How should we think about money, trade, and prosperity?

    0 votes
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  7. 1 vote
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  8. 4 votes
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  9. Rent Seeking

    I am an instructor at a community college. I will be talking about rent seeking tomorrow. I would love to have a video to share like the ones you are doing on other topics.

    2 votes
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  10. Agribusiness

    Help us in Agribusiness.

    0 votes
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  11. How about replacing Obamacare with government paid medical savings accounts for each citizen?

    If monthly deposits were made to each citizens medical savings accounts, in lieu of bureaucratic schemes that subsidize some but not all; would not competition drive down the cost of medical care, would not the stigma of medicaid be dissolved, would not excessive testing be reduced and would this not help with the immigration "problem". With such programs in place, citizens might be more open to immigrants that do not receive these government benefits until serving a probation period, obeying our laws and passing citizenship tests?

    1 vote
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  12. Why no resource in history has never been consumed to exhaustion

    If a man spent his entire pay check on beer, there would still be beer for sale.
    If he sold everything he had and spent it on beer, there would still be beer for sale.
    If Bill Gates sold everything he had and spent it on beer, there would still be beer for sale.
    If all of the richest people sold everything and spent it on beer, there would still be beer for sale.
    No matter how much is spent on beer, there would STILL be beer for sale.
    Why?

    2 votes
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  13. 1 vote
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  14. How do you get to a smaller goverment now that you have a big government ? Topic for Professor Boudveaux

    Do you not now need a strong government to get to a small government. It seems like a catch 22 to me. Do we have to wait for a black swan?

    1 vote
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  15. How can a country fend of economic collapse if our money is based off of trust, and a rising population means more money must be printed?

    In the United States, the population is rising, this means that without the printing of more money, there will be the same amount of money for a greater amount of people, meaning it will make each dollar more valuable. Yet we print money that really on has a value because we give it one (it is simply paper after all). Printing off more money also leads the the devaluation of it as well (the wheelbarrow story in Germany). How is it that we stay this from happening?

    3 votes
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  16. SHARK TANK U - an outline of the steps to take FROM IDEA TO WE' RE KING OF THE HILL , SO PAY ATTENTION !

    SHARK TANK U - an outline of the steps it takes to go from IDEA TO
    WE'RE KING OF THE HILL , HERE'S HOW WE DID IT , SO PAY
    ATTENTION !

    1 vote
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  17. have you considered using EVERYDAY PEOPLE to make the points in EVERYDAY ECONOMICS ?

    have you considered using EVERYDAY PEOPLE to make your points in EVERYDAY ECONOMICS , for example , a great many
    man (woman) in the street LESSONS ?

    1 vote
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  18. Why isn't healthcare in America treated as a public good?

    All other developed nations have universal health care, paid for through a variety of methods. I understand the accident of history that caused the healthcare system to become essentially a bargaining chip for the unions, but now we have so fewer unions. So why do Americans put up with such a dysfunctional system, now rapid moving towards "cost sharing" which will only serve to bankrupt more and more individuals?

    1 vote
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  19. How war effects on the countries

    knowing the economical reasons that makes a country attacks another country

    1 vote
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  20. Would'nt we be better off without a central bank?

    Should the United States change their system of debt? What would happen without a central bank?

    16 votes
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