economics

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Economics attempts to explain how the behavior of consumers, businesses, and governments affect unemployment, inflation, interest rates, and Gross National Product (GNP). GNP here means the value of all goods and services produced by a country over a specific period of time. Based upon changes in GNP or government spending, for instance, economics helps to estimate the positive or negative impact on unemployment, inflation, or interest rates.

In the blogosphere, writers often use the economics tag in the context of politics and public policy debates regarding unemployment, government spending, or taxes. Another popular topic is the affect public policy decisions have on stock markets. The economics tag would be relevant to discussions involving recession, financial crisis, or economic crisis.

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  • Links for 2012-02-10


    Economist's ViewAuthority Authority: 639
    The overvalued Euro - Antonio Fatas The White Underclass - Nicholas Kristof Definitions in social theory - Dan Little Jonathan Chait Is Mean - Paul Krugman Obama Advisers Raise Job Creation Forecast - NYTimes.com People Are Not Leaving the Labor Force - NYTimes.com The Infamous Example of Rent ...
    2 hours ago
  • Oops, We Accidently Created 500k Jobs


    WeakonomicsAuthority Authority: 518
    Steve Jobs was never much interest in making money through software.  Apple was always a hardware business and one of the few in their industry able to build a decent margin into the business. You may not remember, but when the first iPhone came out there was no app store.  The original vision was for companies to ...
    18 hours ago
  • How’s That Economy Working Out For Ya?


    American Conservative DailyAuthority Authority: 143
    The week after the US Government claimed the US economy added about 240,000 in January despite loosing over two million, it is once again telling us how great things are going by releasing information that first time claims for unemployment … Continue reading →
    19 hours ago
  • 10 Things Every American Should Know About the Federal Reserve


    The SwashAuthority Authority: 432
    What would happen if the Federal Reserve was shut down permanently?  That is a question  that CNBC asked recently , but unfortunately most Americans don’t really think about the Fed much. Most Americans are content with believing that the Federal Reserve is just another stuffy government agency that sets our ...
    19 hours ago
  • A Case Study In Austerity


    The Agonist - thoughtful, global, timelyAuthority Authority: 535
    Greece and her debt is back in the news , ahead of a possible default on bonds valued at 14.5 billion euros next month. Greece is asking for 130 billion euros to give it some stability going forward. The bone of contention is apparently pension reform. 300 million euros stand between Greece and 130 b illion euros. ...
    19 hours ago
  • European Central Bank leaves interest rate unchanged


    top99news - breaking news from the world top newspapersAuthority Authority: 166
    http://www.guardian.co.uk European Central Bank leaves interest rate unchanged Disappointment in struggling eurozone countries as ECB base rate stays at 1%The European Central Bank dismayed political leaders in the southern half of Europe after it left its benchmark interest rate unchanged at 1% for ...
    20 hours ago
  • Wee shall overcome: Tiny houses, big plans


    Energy Bulletin -Authority Authority: 566
    Americans live in a country in which bigger is often supposed to be better. Perhaps this is why our homes, like our food portions, waistlines, and debt, continue to expand...But the rise of the McMansion--and its attendant conspicuous consumption--has also helped to create the burgeoning tiny house movement, which ...
    20 hours ago
  • Is The Post Office Really Broke?


    NotionsCapitalAuthority Authority: 415
    The U.S. Postal Service is broke , right? No. John Nichols explains: “At the behest of the Republican-controlled Congress of the Bush-Cheney era, the USPS has been forced since 2006 to pre-fund future retiree health benefits. As the American Postal Workers Union notes , ‘This mandate is the primary cause of ...
    20 hours ago
  • European Central Bank leaves interest rate unchanged


    The Guardian - guardian.co.ukAuthority Authority: 962
    Disappointment in struggling eurozone countries as ECB base rate stays at 1% The European Central Bank dismayed political leaders in the southern half of Europe after it left its benchmark interest rate unchanged at 1% for another month. Politicians in Spain, France and Italy were hopeful that the ECB would cut ...
    20 hours ago
  • Britain needs more engineering heroes, says Rolls-Royce chief


    The Guardian - guardian.co.ukAuthority Authority: 962
    John Rishton claims excessive focus on bankers compared with pioneers of engineering and science is harming the economy British society pays excessive attention to investment bankers and should hold engineers in higher regard, according to the chief executive of Rolls-Royce, in the latest warning by a captain of ...
    20 hours ago
  • Bank of England launches QE3 onto a still-stormy sea


    The Guardian - guardian.co.ukAuthority Authority: 962
    A new £50bn round of quantitative easing suggests the Bank remains concerned about the economic climate The Bank of England is feeling more relaxed about the state of the economy. But only a bit. Thats the message from the decision to embark on QE3 – a third wave of the money creation programme made possible by ...
    20 hours ago
  • Justice and security: cartoons show they’re no laughing matter – in pictures – in pictures


    top99news - breaking news from the world top newspapersAuthority Authority: 166
    http://www.guardian.co.uk Justice and security: cartoons show they’re no laughing matter – in pictures – in pictures The London School of Economics is hosting an exhibition of cartoons that address issues of justice and security. The exhibition in London runs until 17 February published ...
    21 hours ago
  • The fate of new truths: peak oil appears on "Nature"


    Energy Bulletin -Authority Authority: 566
    With the publication of a prominent article on "Nature" in January 2012, the concept of "Peak Oil" has made another step forward in the debate on resource depletion. This article has made me rethink of the past ten years of work that I did as a member of ASPO, the association for the study of peak oil. Were we right ...
    21 hours ago
  • Obama’s Budget Cut-backs Means NASA Mars Program May be Shelved


    The SwashAuthority Authority: 432
    If approved, Obama will sever NASA’s partnership with European Space Agency to send probes to Mars. The budget coming Monday from the Obama administration will send the NASA division that launches rovers to Mars and probes to Jupiter crashing back to Earth. Scientists briefed on the proposed budget said that the ...
    21 hours ago
  • Peak oil notes - Feb 9


    Energy Bulletin -Authority Authority: 566
    A midweekly roundup of peak oil news, including: -Developments this week read more
    21 hours ago
  • Fairness


    A Plebe's SiteAuthority Authority: 115
    Stephen Moore, of The Wall Street Journal, asks some questions…. about taxes Is it fair that the richest 1% of Americans pay nearly 40% of all federal income taxes, and the richest 10% pay two-thirds of the tax? Is it … Continue reading →
    21 hours ago
  • (BBC) Pakistan al-Qaeda chief ‘killed’ in US drone attack


    TitusOneNineAuthority Authority: 510
    One of the most senior al-Qaeda militants in Pakistan, Badar Mansoor, has been killed in a US drone strike, local officials say. The attack took place in Miranshah in North Waziristan tribal area, close to the border with Afghanistan. Badar Mansoor is suspected of killing dozens of people in attacks in Pakistan and ...
    21 hours ago
  • Contradictions


    A Plebe's SiteAuthority Authority: 115
    In an energy policy article in The Daily Caller, Deneen Borelli raises some interesting disconnects between President Obama’s rhetoric and his actions.  She points out the failures engendered by his contradictions: Despite his class-war rhetoric, Obama’s command-and-control energy policy drains … Continue ...
    21 hours ago
  • Bank of England injects £50bn into ailing economy


    The Guardian - guardian.co.ukAuthority Authority: 962
    Decision to extend quantitative easing programme to £325bn had been widely predicted after UK economy shrank last year The Bank of England will inject billions more of electronic cash into Britains flagging economy, extending its quantitative easing programme by £50bn. Economists had widely expected the Bank to ...
    22 hours ago
  • QE: welcome but more needs to be done


    ToUChstone blog: A public policy blog from the TUCAuthority Authority: 550
    The Bank of England, as was widely expected, is launching another round of QE in an effort to stimulate the economy. On a day when industrial production and the trade deficit provided some good economic news the Bank notes that : Some recent business surveys have painted a more positive picture and asset prices ...
    22 hours ago

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