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/

Filter by
Sorted by
Tagged with
1
vote
3answers
190 views

Who did something wrong in 2007-2008 financial crash?

In 2008, U.S. taxpayers spend hundreds of billions of emergency dollars to stabilize the economy. Who specifically did something "wrong" (whether criminal, unethical, or stupid), and what ...
4
votes
0answers
79 views

If India imposes similar measures as the USA against China, what would be China's options? [closed]

India is a huge market for Chinese products. Recently, India imposed bans on 59 Chinese mobile apps. Even though Chinese investments are deeply entrenched in India, India is mulling on restricting the ...
0
votes
1answer
118 views

Trading on WTO Rules

Many Countries are a member of some Regional Trading Organization, which facilitates trade within a particular continent, or have bilateral trade deals with other Countries. Are there any examples of ...
3
votes
2answers
263 views

Do Democrats in general not perform better than Republicans in handling US economy?

In recent US general election polls, I found that despite that Republicans (Trump specifically) are behind in almost all aspects, they are always leading in being trusted in handling US economy over ...
14
votes
3answers
2k views

Does anyone gather data on countries by *median* GDP/capita?

Lists of countries by GDP/capita suffer the problem of giving the mean value (i.e. the classical average, total GDP/population). This can lead to countries that have a few fantastically wealthy people ...
24
votes
6answers
3k views

Why is using the euro instead of a local currency such a big deal and why is the wealth of the society an argument?

I think this is a question of both economics and politics, but I decided to ask it here. There will soon be elections in Poland. There was a debate about this question: should Poland keep the złoty (...
2
votes
1answer
681 views

Do the US and most EU countries effectively have a flat income tax system?

In the US and most EU countries, there is a progressive income tax system. However, income tax is not the only tax and there many other direct and indirect taxes. Almost all other taxes, such as ...
2
votes
1answer
112 views

Does the US account for inter-generational equity/imbalances when producing fiscal policy?

There are many studies concerned with how various generations subsidize each other, usually assuming current laws hold for all future generations. Do any government agencies (like CBO, the Treasury, ...
11
votes
4answers
598 views

How does one parse the notion of “systemic racism” in the context of poverty?

One will often read statistics like: "Black Americans are dying from the coronavirus at more than twice the rate of whites." The obvious inference, here, is that blacks have less access to healthcare ...
2
votes
1answer
73 views

What are the criteria used by the Government Pension Fund of Norway to add a company to its excluded company list?

Wikipedia provides some general information related to the exclusion of companies on ethical grounds: (..) holds portfolios of real estate and fixed-income investments. Many companies are ...
20
votes
7answers
4k views

Do any nations have in place formal mechanisms to “save in good years/spend in bad years”?

One tenet of Keynesian economics is that a government can improve long term economic efficiency, and individual well-being, by deficit spending during recessions. Some examples of that might be: US ...
25
votes
10answers
4k views

How do leaders choose between lives and money?

Amid the current pandemic many governments imposed heavy social restrictions in an attempt to flatten the curve and thereby save lives, and those restrictions take their toll on the economies. For ...
18
votes
5answers
4k views

What are the consequences if a country decides to selectively cancel debt?

(Not sure if this should be on the Economics SE; however I am interested in both economic & political consequences) Trump threatens new tariffs on China as US mulls retaliatory action over COVID-...
3
votes
0answers
69 views

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 ...
8
votes
3answers
291 views

Is it possible to have a centrally planned economy with a democratic government?

Imagine a country with a centrally planned economy. Manufacturing, power generation, construction, industrial agriculture, transportation, Internet connection, cellular service, the entire healthcare ...
0
votes
1answer
127 views

Why didn't the Thai government decide to enforce a COVID-19-related automated stay extension longer than 1 month?

As a result of COVID-19-related travel restrictions, the Thai government decided on April 7 to allow an automated visa extension till the 30th of April 2020. Why didn't the Thai government decide to ...
3
votes
2answers
99 views

What steps has Saudi Arabia taken to diversify its economy?

It is now almost four years since then Deputy Crown Prince Mohammed bin Salman announced his "Saudi Vision 2030" plan, a key theme of which was to provide the country with a "thriving economy" by "...
3
votes
1answer
76 views

Rand Paul coronavirus vote record

I've seen mentioned in an article from March that: Earlier this month, [Rand] Paul, a licensed physician, voted against a bipartisan $8 billion emergency coronavirus funding bill. He was the sole ...
25
votes
11answers
5k views

Why did some US institutions not migrate their very old software systems to use somewhat newer ones?

This article shows us that some US institutions rely on very old systems (written decades ago, which is very long in IT time perspective): New Jersey Gov. Phil Murphy says that the state is looking ...
2
votes
0answers
48 views

What are the implications of the Bank of England directly financing government spending?

HM Treasury has announced this morning (April 9th) that the UK has temporarily extended the Ways and Means facility (the government's overdraft with the BoE) in order to fund the fight against the ...
5
votes
4answers
170 views

Is the correlation between the economy and US political outcomes weakening?

I have heard about the saying “It’s the economy stupid”, but I’m not sure about how true it is now. Let’s use Trump’s approval as an example. Even though there is a “rally around the flag effect” ...
29
votes
9answers
6k views

Why is the lack of seasonal agricultural workers considered a problem given the high unemployment rate in every Western country?

Currently farmers in Western countries are warning governments that without foreign workers their fields will be impossible to harvest: “We are in need of a lot of foreign workers,” Eystein Ruud, a ...
2
votes
2answers
307 views

Can the U.S. president increase toilet paper supplies?

I saw a recent news article about President Trump, forcing car makers to make ventilators. In the US there also a significant shortage of toilet paper, which seem to be a supply and demand problem. ...
43
votes
8answers
7k views

Have any countries that are currently in lockdown published a detailed long-term exit plan?

Currently almost every country around the world is in a state of lockdown. However all of them seem to be in a state of 'indefinite' lockdown, with no long-term plan published anywhere. Has any ...
8
votes
3answers
2k views

Can the European Central Bank “print money” to partially mitigate the economical effects of the coronavirus infection spreading?

SARS-CoV-2 infection managed to bring a significant part of the economy to a halt and it is expected for lots of companies to have cash flows problems (e.g. impossible to pay the suppliers). I have ...
46
votes
3answers
12k views

During the COVID-19 pandemic, why is it claimed that the US President is making a trade-off of human lives for the economy?

This question posted recently makes a lot of assumptions, including the US President is currently making a trade-off of human lives for the economy or Trump's pro-economy death-permissive ...
47
votes
5answers
8k views

How is Japan able to sustain a large debt as a percentage of GDP, while Greece could not?

Japan is currently the nation with the highest debt as a percentage of GDP - at the time of writing it stands at over 250%. Greece, currently the second most indebted nation, went through a decade-...
3
votes
4answers
340 views

Why are Central Banks cutting interest rates in response to COVID-19?

Central Banks around the world have cut interest rates in the past few days in response to the COVID-19 pandemic, including the US Federal Reserve (0-0.25%), the Bank of England (0.1%), and the ...
0
votes
4answers
281 views

Is “emergency socialism” a neologism, or does it have significant and deeper historical context?

With Trump and other politicians talking about a form of a stimulus package for every adult in America as a means to address a dire situation, a turn of phrase has been popping about news articles and ...
-4
votes
1answer
149 views

Would it be political suicide to suggest reducing Social Security payments to help fund economic stimulus packages? [closed]

I am wondering if it may be tempting for President Trump, or the Democrat presidential candidates, or members of Congress to suggest temporarily reducing Social Security payments in order to help free ...
12
votes
1answer
780 views

What are the details of the Federal Reserve's $1.5 trillion injection?

According to the Wall Street Journal, in order to attempt to slow the economic contraction caused by the Covid-19 virus, the Federal Reserve has promised to inject $1.5 trillion into the economy, by ...
6
votes
3answers
373 views

Benefit of a national cryptocurrency

I have read about the Marshall Islands partnering with the company Algorand to produce their own cryptocurrency that will act as the nation's official currency. Is there any special benefit from ...
102
votes
19answers
13k views

Why hasn't competition between health insurance providers led to lower prices for consumers?

In the US, a common argument I've seen against a universal healthcare system is that removing the ability of private health insurance companies to compete will give rise to a natural monopoly in the ...
43
votes
10answers
15k views

How is Russia able to maintain the 2nd most powerful military in the world at a fraction of the cost of the US & China?

The 2020 Military Strength Rankings list Russia's military as #2 in strength: United States Russia China However, their defense budget rankings show that Russia's only #8 in spending: United States ...
1
vote
1answer
146 views

Where does the AfD stand on rental price freezes?

It seems to me that the SPD is largely in favor of such measures (rental price freezes) while the CDU generally opposes them. Does the AfD have an identifiable position on this matter? (I think this ...
1
vote
1answer
153 views

Is the cap on rental prices in Berlin lower than the average price in some Eastern Europe capitals? If so, what justifies this level?

I could be wrong about this, but it seems to me that the 9.8 euros/sq.m. that appears to be recently imposed cap on rentals in Berlin is lower than the average rental price for housing in Prague 13 ...
0
votes
4answers
482 views

What are some perceived problems with the stock market? Why don't we encourage everyone to invest? [closed]

I've been watching the democratic debates as time allows lately, and though I find many positions I agree with and many others I do not, one seems confusing to me on a few levels. This could indicate ...
31
votes
11answers
15k views

Why did Berlin freeze the rent prices as opposed to letting the market set the price?

This EuroNews article tells us about the Berlin freezing of rent prices: Berlin is freezing the rents of 1.5 million apartments for the next five years starting this Sunday in a controversial ...
1
vote
1answer
123 views

How does the Barnett Formula work?

I've often heard the Barnett Formula come up in debates regarding the topic of Scottish independence, and I know it relates in some way to the mechanism used to determine the amount of money allocated ...
0
votes
0answers
37 views

How can I find policy proposals (such as conflict resolution mechanisms or productive rent creation) to mitigate intra-elite conflicts?

I am currently studying the role of coalition making and mitigating the frictions between political elite in order to stimulate development. Theoretical literature including the works by Douglass ...
0
votes
1answer
52 views

Legacy commitment of a new government [closed]

A commitment is made by a political party's ministry in power to a segment of people through an agreement. Then the party is voted out in election. What happens to commitments and contracts earlier ...
4
votes
1answer
138 views

High number of personal bankruptcies in U.S. before 2008 financial crisis (2003-2006)?

Apologies if this isn't the right Stackexchange forum, I will be happy to move it if required. I was reading the Federal Reserve Bank of New York's latest quarterly report on Household Debt and ...
3
votes
1answer
128 views

Does Iran have any trade deals with China and if it does, can they protect Iran's economy from economic sanctions?

I read about how Iran has been looking to China for trade in response to sanctions from the United States and the West and how Iran already trades with China using oil. However, what I want to know is ...
3
votes
1answer
234 views

Why does Germany have a static “debt brake” value when a value that can be easily changed seems to make more sense?

According to this article, Germany has to rely on some tricks to circumvent the hard limit mentioned in the Constitution: Germany is considering setting up independent public agencies that could ...
9
votes
3answers
227 views

In Marxist Theory, is use-value dependent on the amount of labour that goes into the creation of a commodity?

In Marxist theory, is use-value dependent on the amount of labour that goes into the creation of a commodity? If so, is the relevant labour the amount of abstract social labour or useful-labour? I ...
6
votes
1answer
259 views

How does the United Nations get information on North Korea's economy?

I have read that the North Korea economy has expanded by 1.8% according to the United Nations. However, I know the North Korean government is secretive with information about its economy and releasing ...
1
vote
0answers
105 views

How much of a negative impact do bonyads have on Iran's economy?

Bonyads are charitable trusts that control about 20% of Iran's GDP and have been criticized for being "a major weakness of Iran's economy" and providing inadequate charity to the poor(Mackey, Sandra ...
3
votes
1answer
306 views

Is there any European Union country that had or have a “debt brake” similar to Germany?

Germany has in place a "debt brake": In 2009 it was approved with a two-thirds majority both by the Bundestag and the Bundesrat. This decision will lead to public budgets without structural ...
4
votes
0answers
38 views

How much influence does Saudi Arabia have over Nigeria?

I read this article that says that Saudi Arabia has some influence over Nigeria to the point where Nigeria may be on their side in the current Iran-Saudi Arabia proxy conflict. How much political and ...
2
votes
2answers
207 views

How much of North Korea's economy is supported by the black market?

I read from a news article that North Korea is generally supported by a black market that the government generally accepts . What percent of the economy is supported by this black market and how much ...

1
2 3 4 5
10