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Questions tagged [economy]

Questions relating to the politics of economic theory or economic policy of any country or the international community. General economic questions can be asked on Economics.SE https://economics.stackexchange.com/

Questions relating to the politics of economic theory or economic policy of any country or the international community.

General economic questions are off-topic but can be asked on our sister site Economics Stack Exchange.

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Do new jobs always contribute to the welfare of a country?

In Sweden, where I live, I often hear politicians argue that it's good when new work opportunities are created, mainly because these will generate tax income for the state that in turn can be used to increase the general welfare of the country. For…
Speldosa
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Are there any countries or states which have fully embraced price gouging during emergencies?

As taught by Thomas Sowell in his book "Basic Economics": If the prices of hotel rooms remain what they have been in normal times, those who happen to arrive at the hotels first will take all the rooms, and those who arrive later will either have…
JonathanReez
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Why do some governments mandate that companies pay out a 13th salary?

According to Wiki: A thirteenth salary, or end-of-year bonus, is an extra payment given to employees at the end of December. Although the amount of the payment depends on a number of factors, it usually matches an employee's monthly salary and can…
JonathanReez
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Why is there no economics theory largely accepted or considered true?

An exact science is any field of science capable of accurate quantitative expression or precise predictions and rigorous methods of testing hypotheses, especially reproducible experiments involving quantifiable predictions and measurements. Physics…
Yves Dubois
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Is there any record of Keynesian Economics improving the economy?

The ideological opposite to this question, whether Trickle-down Economics has improved any economy, has been asked. The accepted answer insinuates that Trickle-down Economics probably does not work in general. Therefore, I want to ask what the…
Stand with Gaza
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Are there any situations of “borrowing against the future” failing?

In economics, “borrowing against the future” means investing money into the economy, and hoping that the GDP will rise by a percentage higher than your debt did. Are there any notable examples of when some country passed a large spending bill to…
Ekadh Singh - Reinstate Monica
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Why is Daylight saving time (DST) still used in so many Western countries?

DST was observed in many countries last week-end (28-29.10.2017). This article tells us about the origin of DST: Agrarian cultures built their societies around sunlight, waking up with the sun to toil in the field and heading home as the sun…
Alexei
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Who described creative destruction as a process that will eventually balance the jobs created and destroyed?

I read many times articles talking about possible job losses caused by technological changes referring to Creative destruction as a hint that eventually as many jobs will be created thereafter. Often to strengthen the concept the writer adds the…
FluidCode
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How to avoid the "race to the bottom"?

When talking about "trickle-down economics" (or supply-side economics, to use the correct, but lesser known term), one of the main criticism points is that it may work when only a few countries implement it, but that it will generate a "race to the…
Thern
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Why do some governments still continue applying rationing and maximum prices?

For example in Cuba and Venezuela the governments apply rationing and maximum prices. I have studied in the history that these policies, instead of improving living standards, always bring a generalized scarcity and contribute to the development of…
Emilio Gort
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How to be a good mayor without driving away the young generation?

Before the municipal elections in my city, the mayor said something like: "I built new schools, new roads, new parks! I was a great mayor! And the best proof is that property values increased by 80%!". The opposition said something like: "The…
Erel Segal-Halevi
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Would companies having to raise minimum wage to $15 mean raising the prices on their goods a great deal?

If minimum wages are raised to $15 an hour then would these companies that are forced to raise wages not increase their prices exponentially in order to maintain their current profit? And, if this were to happen would the working class be better…
Caleb
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When did politicians begin to refer to "the economy"?

These days most politicians are preoccupied with the economy and economic growth. Famously, Bill Clinton's campaign strategist James Carville coined the term "the economy, stupid" in 1992. But conceptually, the very idea of an "economy" seems…
user8398
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Could the rising US dollar solve Europe’s Economic Woes?

Weak GDP growth forecasts, recently released by the IMF, suggest probabilities are significant that one or more Eurozone countries could slip back into recession in 2015.
Dammand Cherry
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Why are there so many countries that apply interest rate caps/ceilings?

Interest Rate Ceiling is "the maximum interest rate that a financial institution can charge a borrower for an adjustable rate mortgage or loan according to the contractual terms of the mortgage or loan." According to this research paper interest…
Alexei
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