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]
How does a cost benefit analysis work? [more inside]
Help me understand how to apply microeconomics concepts to a simulation with a very small number of actors. [more inside]
What sort of strategies do macro hedge funds employ? [more inside]
I'm looking for some good, meaty non-fiction to read over Christmas break while I'm home from grad school. Something with difficult ideas, yet readable and contemporary, and taking a fairly "big picture" view of a particular field. Any suggestions? Examples below. [more inside]
Yet-Another-Major-Filter: Economics vs. Finance vs. Accounting [more inside]
Why are mortgage interest rates currently so low? [more inside]
Is there an accepted expression or term that communicates when a corporation or capitalist venture jumps the shark? [more inside]
I was watching The Social Network yesterday when I realised that I don't know a thing about how economics work. What is stock dilution? What's a subprime? What are they selling in the stock market? Where can I find a simple, for-dummies guide to understanding modern economics? [more inside]
I was reading an article about fiscal responsibility legislation and the author referred to passing to (what I infer) was a spectacular budget blowout or deficit condition in the Brazilian state of Sao Paulo. The article was dated 1996 so whatever it was, it would have been before that. Googling turns up nothing useful. Does anyone know anything about this, or have any pointers to any further resources (in English please)? Thanks in advance.
So I'm looking for some hard data on the Alberta Oil Sands: Employment rate, type of employment, demographics, who owns what, etc. I'm finding plenty of opinion pieces, and plenty of environmental assessments, but not much hard data on the economics of it. Does anyone know where to look for this kind of information?
I used to be a statistician. Now I work in Health Care IT. Help me unleash my inner RA Fisher and return to the land of skewness and kurtosis. [more inside]
Everyone seems to agree that the middle class is disappearing in the USA. What (reliable) studies and figures back this up? [more inside]
Is it just me, or are we at the start of the Greater Depression? Please either convince me I'm just paranoid, OR help me plan a reasonable course of action. [more inside]
How can I overlay global literacy and economic (poverty) data onto a map? [more inside]
Where can I find historical GDP data for the old Soviet Union? [more inside]
Economics: Is free trade good? 90% of economists say yes. But free trade depends on comparative advantage, and comparative advantage depends on capital immobility. And capital isn't immobile anymore; everyone invests everywhere now. So what gives? [more inside]
The US states are massively in debt, and public-sector layoffs are causing unemployment to stay high, even while the private sector recovers. The Federal Reserve can create dollars from nothing, and at the moment inflation is apparently a minor concern compared to deflation. What would happen if the Federal Reserve assumed much or all of the debt of the states? They could pay off the debts ex nihilo at a speed of their choosing, while allowing the states to create or save jobs. They could also simply grant money to those states that have relatively little debt. Does anything like this happen, and should it? [Not an economist]
Is there an economic measure that describes what proportion of GDP is produced by firms of different sizes? [more inside]
I'm reading Marx's "Capital" Vol. I and I'm looking for a "Dummy's Guide" to his economic theories. [more inside]
While looking at used Priuses on Craigslist (Minneapolis), I discovered a dealer in Faribault, MN that sells "repairable" cars. I started wondering where the money was in "repairable" cars and whether it was a scam or not. [more inside]
Is getting a minor in college worth anything? [more inside]
Help me find the name of this "Marxist Sceptic" thinker. I remember reading on aldaily.com within the last few months about a Marxist thinker who essentially came to the conclusion that though desirable, no socialist system of government would exist in the immediate future. I'm not sure if it was an obituary or something else.