"When economic theory collides with reality, prefer economic theory". Who said this, and what exactly did he say?
How can wealth be considered as anything separate from natural resources? [more inside]
I am planning on applying to economics PhD programs for next year, but before I commit I wanted to think about alternatives, especially in light of all the articles lately about how PhD programs and academia in general are a pyramid scheme. What other careers/education might be a less painful way of getting to a job that fits my life goals. [more inside]
What are some sources for particularly educational/relevant flyers regarding income disparity, public policy, and other issues pertinent to the Occupy Wall Street movement?
Looking for a basic starter book on capitalism and democracy that explains their relationship and, if possible, perhaps explores other systems or changes that could be an improvement on the current systems in place in most developed nations. I have read that capitalism is a good way to stimulate a young nations economy but that it is not necessarily an equitable or functional long term solution. I have some small understanding regarding corporations roles in democracy. Beyond these basics I'm rather lost. (hence the plan to explore further) I would prefer to read books as I would rather utilize them, and my library, than pop from webpage to webpage but would be willing to consider any information. Any suggestions? Thanks in advance!
Are there any notable organizations that use something like incentive compatible mechanisms for shared infrastructure problems?
Are there any notable organizations that use something like incentive compatible mechanisms for shared infrastructure problems? [more inside]
Resources for Austrian economics? [more inside]
The Canadian Wheat Board's monopsony is being abolished. If I were a wheat farmer in Saskatchewan, what could I expect to see over the next five years? [more inside]
How much money do you have to make to be in "the top 1 percent", in world terms? [more inside]
Can anyone help me find academic or empirical sources to reference/cite in a law paper about state laws that prohibit local communities from building their own broadband networks? [more inside]
Is there a "collusion number"? (A number past which a cartel is very likely to dissolve?) [more inside]
I want to understand economic policy better, but I'm looking for a source that takes a specific type of approach. Help me find it, assuming it exists. [more inside]
Consumption Tax theory. Where should I go beyond the basics? [more inside]
Way too many people in my life, including my wife and I, are well-educated but have no innate grasp of economics. How did you learn about all things money (microeconomics, macroeconomics, finance) in a way that stuck? [more inside]
How should list undergraduate classes with long/unusual names on a resume that I am using for applications to economics PhD programs? [more inside]
Behavioral economics: which rent discount option is more appealing? [more inside]
What are the best resources (books, journals, blogs, etc) for becoming highly knowledgeable about the natural gas industry? [more inside]
Can you suggest the best, most recent articles that give an overview of China's economic foreign policy in Africa?
Economics filter: I'm sitting on a lot of Korean won. I want to buy US dollars (practically, I'd do a wire transfer from my Korean bank acount to my US one). Given that the Republican Party might ruin the US economy out of sheer spite, how should I time this transfer to maximize my personal profit re: a beneficial exchange rate (weak USD, stable/strong-ish Korean won)? [more inside]
Has there ever been a case of real-life hyperdeflation, where prices race downwards? [more inside]
Please recommend your favourite independent ebook publishers! [more inside]
If you were visiting Europe in mid-August, would it make sense to exchange US dollars now? I'm worried about the dollar tanking against the Euro in light of a possible default and the remaining parade of economic horrors.
If the American and world economy truly implodes, where is the safest place to have one's money and why?
Hi, I am about to graduate university and went through a long process of deciding what I wanted to major in and what I wanted to do after school. Suffice to say that those questions have been grappled with. I'm planning to get an MA in economics, and plan to take a year off to take my GRE and the appropriate math courses I need. In that year I'd like to do some sort of public service work in economic development (in the states, not in some 3rd world country). [more inside]
I am graduating with an Economics degree, and I am unsure of what to do next. [more inside]
Is there some kind of resource that provides a comprehensive analysis of established business models? [more inside]
Need to find cases of state-sanctioned development projects against local consent, especially if by private for-profit companies
I am looking for good examples to cite for a brief section of paper that looks at contemporary debates over development -- specifically examples of economic development projects which have gone ahead against the consent of local people on the grounds that the benefit to the larger society outweighed any detriment to the local people - especially if the development itself was/is carried out by a for-profit company. [more inside]
Best books about manipulating people - e.g. via game theory, behavioural economics, inaccurate cognitive algorithms and so on? [more inside]
What studies and books are there about the economics of scientific research? I'm interested in a few questions including does giving out grants to University based researchers produce more startups and more highly regarded refereed papers than institutions like NIH or CSIRO? The only book I know of that looks at this is the book The Economic Laws of Scientific Research which looks interesting but is also described as a polemic. [more inside]
I follow politics and current events, especially international politics, fanatically. I know next to nothing about economic systems, philosophy (particularly political philosophy), sociology, and other basics of social science that could be useful when trying to make sense of the world, though. I would like to change this. [more inside]
I'm looking for historical employment, revenue and profit information for the top 500 businesses in the world, and I don't know where or how to look for it. [more inside]
Sometime in the 80's, there was a survey of economists by a group of researchers in the US that suggested that many (? some? all?) economists discounted some basic ideas about the world, for example that energy and resources were limited by physical constraints. I'm looking for links/discussion about that survey, or subsequent work. I haven't had any luck with either Google or the stack of articles in the basement.
Are there any good economic books (introductory, or otherwise) on economic tertiarization and financialization?
Are there any good economic books (introductory, or otherwise) on economic tertiarization (transition to services over manufacturing and natural resource extraction) and financialization (stock market, speculation, derivatives, etc.) in the industrial world? Additionally, perhaps any Marxist works that deal with this changed economic structure? I'm aware of Mandel's Late Capitalism, Hilferding's Finance Capital, and Marcuse's One-Dimensional Man, but Hilferding seems too early (haven't read him though) and Marcuse's interactions struck me as shallow because he never really examined this area in depth.
Greg Clark in Farewell to Alms has a great picture of living standards over recorded human history - looks like a long hockey stick of static poverty, til 1700s, when it shoots up. I'd like to find more specific economic data at the macro level for ancient Israel through the 1st century, as well as Greece and Rome to that same period. Data, moreso than analysis. [more inside]
Are there any Marxist economics programs in the United States? [more inside]
How much does the corporate tax rate really affect jobs? [more inside]
There is a branch of economic theory concerned with the calculation of inflation. It has a name. The name is something like "hexanomics"--but that's not it. Please help. [more inside]
I'm looking to make a rather significant career change into the field of geopolitical and economic strategy consulting, and I'm trying to identify top-tier firms to pursue. I was wondering if the Hive Mind had any suggestions for suitable firms and guidance for how to best approach the process? [more inside]
Do airplane ticket sites (Expedia, Travelocity, Kayak, etc.) increase prices between successive browsing sessions, as well as manipulate prices so that they are in agreement with each other? [more inside]
Reading about the current fiscal hullaballo, the idea of "Modern Monetary Theory" keeps popping up. I get the basic gist of it but I was hoping to learn more. Will you explain Modern Monetary Theory, aka Neo-Chartalism, to me? [more inside]
Ecological Economics filter: Is there a more current estimate of the global value of ecosystem services than Costanza's 1997 estimate of $33 trillion? [more inside]
Why has the world economic crisis hit some countries - USA and UK, but especially Ireland, Iceland, Greece and Spain - so much harder than others?
Yesterday, Mike Konczal (rortybomb) wrote the following, "The graduating class of 2011 will enter a brutal job market that will hurt its ability to be rewarded for its labor, and thus lead a full life, for at least a decade. A note to these graduates: take comfort that you must “endure” this suffering in order to placate invisible bond vigilantes and protect rentier income." What is the rentier income he is talking about? Is he saying that bond holders, generally, are rentiers?
Is there a known term / theory for describing (and maybe even calculating) how much of gross income ends up as tax? [more inside]
When would you use a Cost Benefit Analysis(CBA)? [more inside]
How do I deal with community supported agriculture flakes? I NEED people to pick up their shares. [more inside]
Studying business and economy but want to work in an embassy? [more inside]
I'm currently a Harvard undergrad majoring in Economics and minoring in Government and I am still somewhat unsure of what career paths to pursue after college. The typical route for others like me is of course ibanking or consulting I was wondering what other options for work right out of college are out there, or what some good resources are to research those options. Additionally, I was considering pursuing a Masters in Economics and was wondering whether that is a worthwhile pursuit, or whether its simply better to get a PhD or not bother at all. Thanks. [more inside]