Everyday Economics - Suggest a New Topic
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250 results found
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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 -
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.
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1 vote
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Can you please make a video of why my country Kosovo has unemployment of more than 40% even after 16 years have passed since war? I know so
Can you please make a video of why my country Kosovo has unemployment of more than 40% even after 16 years have passed since war? I know some faults go to corrupted, incapable politicians but i want an economist point of view. Thanks!
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Money and Banking Update
What is the fed up to over the past 8 years post recession vs what I was taught in the 1970s and 1980s. I was taught that the fed should keep a dollar worth a dollar and not to intentionally promote inflation. Compare the former open market operations with today's QE programs and direct purchases. What are the pros and cons of the new approach.
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Housing - should cities be allowed to build it as a commodity - e.g., electricity. Taxes now main component of housing cost.
Some cities are not big enough, and most do not have housing for homeless people or even working people. If cities could decide what would make their size optimal, and then provide housing - in the way that cities sometimes now provide electricity or water if there is not a vendor of these services - cities could build to an optimal size, and provide the kind of housing that meets the population needs. Currently, property tax is a huge component of housing cost, and that might go to the state. Also, the cost of property transfer within market rates due…
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Are Neighborhood Associations an advance in local representation?
There are an ever growing proliferation of Neighborhood Associations throughout the country but the ones in Multnomah County Oregon have been in operation for over 40 years. They claim this is the new advance in political representation at the local level but the overall effect has been more control by fewer people who are even more parochial than the bureaucrats in Town Hall.
www.portlandonline.com/ONI is the litmus for the program.1 vote -
Does a government job contribute to the economy like a private-sector job does? Or is government employment a drain on the economy?
Does a government job contribute to the economy like a private-sector job does? Or is government employment a drain on the economy?
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How can we best take advantage of charitable dollars and development money from rich countries?
I love the work of GiveWell in attempting to rigorously evaluate charities to help donors pick the most evidence-supported charitable organizations. However, this assumes that donors will give a set amount of money and are just looking for a recipient. In practice, I think donors are more likely to give to some groups that tug at the heart strings, that are related to current news, etc. Some charities won't be supported by rich governments for ideological reasons. So besides using metrics like lives saved per dollar, how can we maximize donations from rich countries and ensure that they do the…
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Great question! I’d start with this section in Principles of Macro:
Then if you want to go deeper, I’d suggest diving into development economics. We have a our course here:
https://mru.org/courses/development-economicsThere are also a lot of good books on the subject. You’ll see some of the featured at the beginning of the puzzle of growth video in Macro.
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Is there a general rule as to when a government SHOULD intervene in an economy?
Is there a general rule as to when a government SHOULD intervene in an economy?
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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?
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How Students Can Benefit From Online Education
Over the years technology has progressed into a force to be reckoned with; it seems you can learn just about anything online. Previously you could do basic things like shop or get directions, and now you can literally attend school online from the comfort of your living room. Education websites proliferate the Internet and appeal to all ages; anyone can take advantage of this new shift in technology. Evaluating the pros and cons of education websites will allow you to see which ones are the choices for you.
The obvious perks to education websites are flexibility and the multitude of…
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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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