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/
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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 ...
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Why does Australia export so much raw materials instead of steel and other value added products?
According to the chart in this report although exports from Australia of iron ore and metallurgical coal are declining they are still quite high. On the other hand I see that Australia imports a lot ...
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What is the effect of removing certain denomination of a currency?
About yesterday the Indian government withdrew 2000 rupee notes in circulation ref. Typically, when stuff like this happens, the explanation is that the attempt is to combat black money. This answer ...
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Why is there typically emphasis on education in general rather than for those related to jobs?
It is to my understanding, a popular opinion that education improves economy and quality of life. But, to me, while I get the intuitive notion, wouldn't it beven more better to focus on improving ...
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What is the theory behind using the 14th Amendment to ignore the debt ceiling?
President Biden raised a few eyebrows in that he's said he isn't ready to invoke the 14th Amendment and ignore the debt ceiling... yet. From Reuters
President Joe Biden said on Friday he was not yet ...
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Is Norway a rentier and resource-dependent country?
I have been reading a lot on the rentier state literature and have noticed that papers published in the last two decades focus on the typical rentier cases such as Saudi Arabia or Venezuela. However, ...
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What has changed in the last decade that causes tent cities to spring up?
As a regular visitor to the United States (Texas and Oregon, mostly) I can see that a lot of slum-like encampments have sprung up during the last decade, probably even the last few years. Some are so ...
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Is this communist-like economic ideology already a thing?
Everyone knows what communism is, and generally in the real world it doesn’t work out for the people. Communism has many flaws and after a long while of thinking how these flaws can be fixed it became ...
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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 ...
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How do these contradictory claims about the US national debt square against each other?
(Not sure if this should be on the Economics SE or Skeptics SE)
The first source is this, from which there is an image:
This clearly implies that the US federal budget decreased under Obama, Carter, ...
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What are the pros and cons that a new common currency for Latin America bring to the region?
https://www.weforum.org/agenda/2023/03/what-do-talks-about-a-south-american-common-currency-say-about-globalization/
Argentina and Brazil recently announced preliminary plans to form a
common ...
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Why do small African island nations perform better than African continental nations, considering democracy and human development?
This question is interdisciplinary between economics and politics, but I suspect the answer lies more in politics and history than in economics, which is why I decided to post it here.
Looking at the ...
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Indian PLI Manufacturing scheme
Indian govt has announced Production Linked Incentive schemes (PLI) to boost manufacturing sector growth in India. As it can be seen it is biased towards capital-intensive industries. What could be ...
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Clear and concrete definition of "Third World" [duplicate]
Commonly, when I discuss with a pro-western American, or perhaps sometimes Europeans about an African Country I always hear this, "But it's third world" on investopedia.com "Third World&...
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How does having minority stakes and board seats give the Chinese government effective control over companies?
From the New York Times:
All of that changed over the past few years as Beijing went after some
of the country’s biggest tech companies and its highest-profile tech
entrepreneurs. The aim was to ...
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