There’s a reason people say “put your money where your mouth is.” Predictions are free, but a friendly wager acts as a tax on the delusional. And there is perhaps no topic of debate where this sort of ...
THERE used to be a popular quip that the IMF’s acronym stood for “It’s Mostly Fiscal”, because, whatever the problem, the fund’s economists would advocate tighter fiscal policy. How times change. In ...
With a large economic downturn underway, the Administrations of George W. Bush and Barack Obama pushed for “stimulative” deficit spending in 2008 and 2009. According to Keynesian theories of economics ...
An 80-minute IB DP Economics higher level lesson on The Keynesian Multiplier (Unit 3, 3.6 HL), with a student resource and a full teacher guide, built on concept-based (CBCI) teaching. Driving ...
In recent years, politicians -- among them President Obama in his 2013 State of the Union address -- have publicly acknowledged the economic significance of the manufacturing sector. But their focus ...
This week “The Economist explains” is given over to economics. For each of six days until Saturday this blog will publish a short explainer on a seminal idea. WHEN Barack Obama sought to boost America ...