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Questions tagged [economy]

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

3
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2answers
132 views

What exactly is “Human Capitalism” and does it conflict with the function of capitalism?

Recently Andrew Yang has announced his run for the 2020 Presidential election. He calls himself a "human capitalist" Now, I like his ideas generally - but I do not understand what exactly "human ...
-2
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2answers
40 views

In what ways economy influence slavery and end of it?

Most people think slavery is prohibited because it's "wrong". If that's true, we would have ended slavery thousands of years ago. It seems that industrialization makes labor more "precious". Each ...
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4answers
439 views

Is there any statist policies that have been proven to benefit the economy?

Refraining from opinions as much as possible, is there any examples where the government intervening in the market that has been proven to have bettered the economy better than the free market could ...
7
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1answer
139 views

Why would a company invest in American infrastructure based on one administration?

Right now, we have an administration that is considered to be business friendly. I would prefer that this part not go debated, because it isn’t the focus of the question. Let’s say any administration ...
-1
votes
1answer
102 views

How will brexit affect the British export and import? [on hold]

Will there be any positive consequences that are expected from Brexit or is it mainly expected to be bad for the British trade?
1
vote
0answers
56 views

How will the UK's economy be affected, depending on if it will be a hard or soft Brexit? [on hold]

Will the outcome of Brexit have any positive impact on the UK market? Are there any available studies on this topic?
3
votes
1answer
56 views

How is the individual person affected by economic changes as a result of Brexit? [on hold]

I have a few questions regarding the following topic: How is the individual person affected by economic changes as a result of Brexit? How are people in the age between 25 and 35 predicted to be ...
8
votes
3answers
481 views

Why does France have systematic difficulties in obtaining a budget deficit below 3%?

According to this article France plans for a budget deficit slightly over the EU allowed limit of 3%: France's budget deficit is likely to overshoot the European Union's limit of 3 percent of GDP ...
14
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5answers
5k views

Is Venezuela an example of socialism?

I've been hearing a lot about Venezuela in the news lately. And it seems there is a big debate over whether it was socialism or not, or whether it was implemented properly. Is it safe to assume that ...
3
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1answer
224 views

How much money did the United States spend on the Iraq war, and how much money did US oil companies gain as a result of the new Iraqi constitution?

This is just a cost benefit analysis, any discussion about US motivations in engaging in the Iraq war I would consider out of scope. Iraq nationalized oil production in 1972 (source). Following the ...
2
votes
1answer
367 views

What does inequality look like when measured in man-hours employed?

There are numerous measures of inequality in income and wealth, like the Gini coefficient for instance. But I'm wondering about a different measure: the amount of labor, measured in man-hours, that ...
2
votes
1answer
130 views

What “certain conditions” are applicable on Henry George Theorem?

The Henry George theorem, named for 19th century U.S. political economist and activist Henry George, states that under certain conditions, aggregate spending by government on public goods will ...
5
votes
5answers
363 views

What steps can be taken to combat unfunded state and federal pension liabilities in the U.S.?

It's the growing problem that no politicians want to talk about: unfunded pension liabilities. Business Insider ran an article last year which focused on the many upcoming challenges facing U.S. ...
3
votes
1answer
89 views

Regarding the Economically Weaker Section ( EWS ) 10% quota approved by the Indian Parliament

I am reading an article in a leading newspaper of India, in which the author says: As per the India Human Development Index ( IHDS ), the annual household incomes of 98% of households are less than ...
59
votes
17answers
20k views

Why would the government force its population to save for retirement?

Here in Denmark we pretty much have "forced" retirement saving. Almost everybody in regular employment pays about $15 a month plus 12% of their monthly salary into a pension fund. [1] You can save ...
5
votes
3answers
314 views

How did Poland and Hungary manage to take over (nationalize) mandatory private pensions without breaking private property right?

Mandatory private pensions are still in focus in Romania after the Government thought about suspending contributions to them: The Government may suspend the contributions to mandatory private ...
92
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25answers
30k views

What is capitalism's answer to constant economic growth hitting the limit of the planet's finite resources?

We keep hearing a lot about economic growth in the media and this answer shows us why it is so important: Therefore, we have three options: A constant increase in unemployment. (Generally ...
10
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5answers
2k views

Has high taxation of the rich been sustainable as an economic policy?

One of the backbone philosophies of the recent Labour party campaign was higher taxation of high earners (those earning above £80'000 per year to be precise). Has very high taxation of high earners ...
0
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1answer
181 views

What fiscal backbone is there for employees who are now on “leave without pay” due to government shutdown?

Well considering a shutdown takes quite some time, it means there are lots of people with various skillsets who are literary thumbling thumbs. Just to wait till they can get their job back. Since not ...
5
votes
1answer
204 views

What were the positive and negative effects of the French ISF?

The Impôt de Solidarité sur la Fortune (ISF, or wealth solidarity tax), is easily the most controversial part of French tax policy, and its removal by Emmanuel Macron was probably the most ...
101
votes
21answers
21k views

What is the capitalist answer to automation?

While we are not currently at total automation, we are inching closer. An Oxford Study from 2013 indicates by 2033 upwards of 45% of our job force could be automated. This automation, causing a ...
7
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1answer
297 views

Max Weber and Confucianism

Did Max Weber discuss possible pragmatic economic advantages of Confucianism (or broadly speaking Asian values) at some point? Max Weber famously authored The Protestant Ethic and the Spirit of ...
10
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4answers
852 views

Is there any better estimate of the cost of a completed US-Mexico border wall?

First, I realize that this question was asked back in Jan 2017, but it was difficult to obtain useful data because the details of construction were not available. This question arises as a spin-off ...
4
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2answers
174 views

Is there a “healthy” value / interval for unemployment rate?

A TV show depicting US politics features a fictitious big political program called AmericaWorks or AmWorks. Its goal is to greatly reduce unemployment (virtually to zero or "Universal Employment"). Of ...
2
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1answer
157 views

Do US politicians consider the 2008 Global Financial Crisis Finished?

Do politicians, in the US, consider "2008 Global Financial Crisis" Finished? or not? What signs for each side they mention?
2
votes
1answer
120 views

Did the New Economic Policy ever end?

Migrate to history as needed. The USSR was a Neoliberal Social welfare state. It privatized everything under Lenin. I just wonder to what extent this mattered. What percentage of the firms privatized ...
21
votes
3answers
5k views

Did Germany profit from the (third) Greek bailout?

From an article published in June 2018 on thelocal.de: Berlin has been one of the main lenders to Greece during its debt crisis. While conservative parties warned that supporting Greece would come ...
1
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0answers
51 views

What is the rationale of capping interbanking rates to values significantly lower than inflation rate?

Romania’s finance ministry announced some sort of "tax on greed" for banking sector: Romania’s finance ministry plans to introduce a tax on banking assets from 2019, seeking to cap the interbank ...
2
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3answers
173 views

Why doesn't the EU collectively establish taxation based on profits gained in a country?

As I understand it, the problem with corporations taxation is there are international agreements countries would not tax products in the country where the enterprise isn't registered. So wouldn't it ...
38
votes
6answers
12k views

Why does Spain's government want to increase the minimum wage by such a large percentage at once?

According to the BBC, Spain wants to increase the minimum wage by more than 20%: Spain's minimum wage will jump by 22% in 2019 - the largest annual increase in more than 40 years. It means ...
1
vote
1answer
132 views

Why doesn’t China negotiate trade deals with each state in US?

Say, let each state send representatives to bid for import quota of specific categories of merchandises, therefore making intra-US cooperation among states into inter-state competition; just like how ...
91
votes
11answers
28k views

Why is Globalisation so disdained?

From what I can tell via the definition of the word on Google, Globalisation seems like a fairly reasonable course of action. Trade makes everyone better off in the long run, and it isn't as if we ...
11
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3answers
1k views

What are the advantages and disadvantages of having minimum wage automatically adjusted for inflation?

I have heard some people advocate that minimum wage should be automatically adjusted for inflation, reindexed on a yearly basis. For instance, if the minimum wage is $10/hr and inflation is at 5% that ...
8
votes
1answer
309 views

Why does the Hungarian government want to allow delaying payment for overtime for such a long time (up to three years)?

Protests have broken out in Hungary following the government's desire to increase the overtime limit and payment timeframe for this: Protests have broken out in Hungary after the country's ...
3
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2answers
335 views

Does the Corporate tax rate negatively affect the economy?

I've heard from many sources that the corporate tax rate has a detrimental effect on the economy, and that lowering it not only has the effect of stimulating the economy, but actually raises more ...
11
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2answers
204 views

Why doesn’t the U.S. have a bracketed corporate tax?

This might be a question better-suited for Economics StackExchange, but I figured I'd try my luck here first. In the U.S. we have a bracketed tax system for personal income tax, which serves to ...
3
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3answers
458 views

Feasible peak to minimum wage?

A number of US minimum wage advocates seek regular increases in the minimum wage. As a matter of political and economic feasibility, how high can the hourly minimum wage be set? I assume this would ...
6
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2answers
834 views

Why did Friedrich Hayek support Universal Basic Income

Hayek is a staunch free market capitalist, small government - bordering on 'taxation is theft' economist. How did he explain his support for universal basic income?
5
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1answer
3k views

What are the reasons presented by the French government to explain why the price of diesel fuel increased so much in France?

Many media channels are covering the "fuel protests". According to BBC, the main reason behind these protests is fuel (especially diesel) prices raising: The price of diesel, the most commonly used ...
2
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2answers
225 views

Is anti-corruption initiative 'sometimes' detrimental to the economy? [closed]

Can it ever happen that an anti-corruption drive which leads to government action becomes detrimental to the economy? Is there any example?
0
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2answers
347 views

Hypothesis: “globalization makes a ”strong“ economy the hostage of its own success?”

What do you think about the hypothesis that globalization makes a "strong" economy the hostage of its own success? What do I mean by that?. Two countries deal with each other for a long time. One of ...
32
votes
21answers
12k views

How does Capitalism facilitate happiness? [closed]

I would like to preface this with the disclaimer that I am fresh to Stack Exchange, so any pointers on what may have been a better Stack for my question, or simply how to better frame it, are greatly ...
2
votes
2answers
546 views

US political parties that support EU style social social welfare spending?

Are there any political parties or groups in the United States that openly support making the U.S. more like EU countries by: Addressing social welfare and safety net needs by increasing federal non-...
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1answer
69 views

Causes of a sovereign debt crisis?

What are the causes of a sovereign debt crisis? How can countries get out of a sovereign debt crisis?
6
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3answers
479 views

In US politics, what are the grounds for the Republican opposition to alternative energy?

(DISCLAIMER: I am asking this in the most non-partisan way possible. Please no arguments or mudslinging!) What are the Republican party's premises for opposing alternative energy in place of fossil ...
6
votes
1answer
406 views

Did IMF grant a loan with no (reform) conditions to Romania in 2009?

I've been looking at some of the more recent IMF loans and the Wikipedia description of the one given to Romania appears to imply no reform conditions were attached to the loan: While in January ...
13
votes
5answers
4k views

Why does Venezuela have such high inflation?

Background: In late 2013, Venezuela's inflation rates increased even higher, to 54.3%, As of January 2014, the official exchange rate is 1 USD to 6.3 VEF while the black market exchange rate is ...
9
votes
2answers
306 views

Is the public generally aware of lagged effects of economic policies?

New governments attributing to themselves economic success without paying any respect to lagged effects of economic policies of previous governments are probably as old as politics. (Exactly the same ...
1
vote
0answers
135 views

Viability of Statue of Unity [closed]

How viable it is, for a country like India to invest more than 3000 crore (30 billion) rupees, in building a gigantic statue? Is there an assessment about its profitability?
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votes
3answers
728 views

Why is the concept of Trickle Down economics still popular with US conservatives? [closed]

US conservatives seem to still believe in the concept of 'Trickle Down Economics', while it has shown very limited results in the past and if anything, it only made the rich richer and the poor poorer....