Everyday Economics - Suggest a New Topic
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250 results found
Would we be better off with more "Open" immigration?
Should the United states as a rule push for more closed borders where people cant come in to find work? Or, are we better off with an open system where by people can enter the country and find a job.325 votes
How do minimum wage laws help the least productive in our economy?
This is a timely subject, in need of economic education.237 votes
Please explain the broken window fallacy and how it can be used to explain the hidden costs of price fixing, minimum wages, and inflation.
I think it is a good idea to remind people to look beyond the impact of those immediately affected by a specific government policy. It is easy to see employment in an industry that is protected by tariffs. However, it is not easy to see how that impacts job creation in other industries, government revenues, wages, productivity, and standards of living (for instance).179 votes
How do intellectual property laws affect the economy?
I've been reading a lot of news about copyright and patent laws with respect to technology. In what ways has intellectual property laws affected the economy and what are the possible pros and cons of proposed changes?73 votes
Should labor be allowed to move across international borders just as freely as capital does?
Would we all enjoy relatively more or less prosperity if labor (workers) were allowed to move freely across international borders just like capital does?54 votes
Why is so much USA business moving to Canada. Why is the Canadian dollar lower than the US dollar ,when in Canada we are indated by US bus.
Tax the mega Corporation that do business in Canada. Lower taxes for Canadian made products .35 votes
What's more important: equality or freedom?
Thinking of Friedman here.34 votes
Why does knowledge have increasing returns?
Since you've started by talking about trade and the division of labor, a discussion of knowledge's effects on labor productivity would be relevant. For example, why does LeBron James play basketball better if there are other good players on his team? (Example stolen from Bill Easterly's explanation of complementarity and skill matching in Elusive Quest for Growth.)23 votes
What is the value of a common currency?
Why does a common currency work in the United States but not in the European Union? I've heard that the difference between the strengths of the German and Greek economies (for instance) make the euro union fail, but don't US states also differ in the strength of their economies--why don't we see the same destructive effects of a common currency?20 votes
To what extent is Protectionism beneficial to local and global economies?
There are a lot of arguments for and against (mainly against) protectionism, but on what scale is protectionism good or bad for different economies?19 votes
Why is it so difficult to debate with socialists? Request everyday arguments like principles.
I wanted some inputs from you on how to debate the socialists. What are those basic 7 or 8 or 10 or 13 points where they always go wrong. Something like principles which could be abstracted. For example they always go wrong in assuming that things can be planned which can be squashed by speaking to them of disasters, diseases which come unplanned. Of course they still argue that "govt can make allocation" but immediately they know (and they also know that their audience knows) that they have started treading on thin ice. One more thing for example which I have used to great effect is that against "surplus value". After allowing them to speak I just say "what if the product is not bought" and then they go silent and start saying how is it possible (it is easy to counter that with day to day examples) and then they say they will produce different products (at which time you can ask what happens to the redundant machinery) and then who pays for that. Finally you could squash the surplus value argument.
Please understand that I come from a so called developing country (India) and would like to have these as a ready reckoner to answer socialism. Something like common fallacies of socialism and communism and how they can be countered. Thanks in advance.
I wanted some inputs from you on how to debate the socialists. What are those basic 7 or 8 or 10 or 13 points where they always go wrong. Something like principles which could be abstracted. For example they always go wrong in assuming that things can be planned which can be squashed by speaking to them of disasters, diseases which come unplanned. Of course they still argue that "govt can make allocation" but immediately they know (and they also know that their audience knows) that they have started treading on thin ice. One more thing for example which I…17 votes
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
Will robots replace humans in most jobs and what will that do to our society?
See this popular video by CGP Grey:
Are monopolies based on free trade bad for consumers?
Ive been looking into Rockefellers life and what he did with standard oil. His process of helping the Railroads, Barrel makers, pipelines and shippers lead to drastically lower prices for Karosene. So what i want to know is are monopolies really bad for consumers if the marked is open and free? Or, is the label of a monopoly a boogie man used by the government to limit real competition?9 votes
Take up the topic of land and natural resource rent-seeking.
But put in a bit more work than this:
Fair trade? How this can improve?
since there is no evidence fair trade really Works how we can improve it7 votes
Does saving money hurt others?
Are those who hoard money depriving others, making others lives less prosperous?5 votes
How do we develop meaningful work for many people who are (or will be) un-, under-, temporarily, or miserably employed by technology?
I have read that we will continue to lose jobs as the impact of technology broadens. Yet meaningful work is the way many of us define our lives.5 votes
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