Economics of Liberty pptx

... 132 Government and Hurricane Hugo: A Deadly Combination Murray N. Rothbard . 136 Big Government: An Unnatural Disaster Llewellyn H. Rockwell 140 In Defense of Congress Llewellyn H. Rockwell 144 Exxon: Biggest Victim of the Alaskan Oil Spill Llewellyn H. Rockwell 148 "Mraid to Trust the People With Arms" Stephen P. Halbrook 153 4. THE GOVERNMENT MESS Back to First Principles Jos...

Ngày tải lên: 23/03/2014, 07:20

... Borsch-Supan is professor of economics at the University of Mannheim and a research associate of the National Bureau of Economic Research. Vassilis Hajivassiliou is an associate professor of economics ... economics in the Department of Economics and a member of the Cowles Foundation for Economic Research, Yale University. Laurence J. Kotlikoff is professor of ec...

Ngày tải lên: 28/03/2014, 16:20

Ngày tải lên: 30/03/2014, 01:20

... QUIZ: List the determinants of the quantity of pizza you demand. ◆ Make up an example of a demand schedule for pizza, and graph the implied demand curve. ◆ Give an example of something that would ... change in the price of pizza shift this demand curve? Price of Cigarettes, per Pack Number of Cigarettes Smoked per Day D 2 D 1 01020 $2.00 BA (a) A Shift in the Demand Curve Price...

Ngày tải lên: 15/12/2013, 11:15

... the typical spell of unemployment lasts. HOW IS UNEMPLOYMENT MEASURED? Measuring unemployment is the job of the Bureau of Labor Statistics (BLS), which is part of the Department of Labor. Every ... goods and services. Although some degree of unemployment is inevitable in a complex economy with thousands of firms and millions of workers, the amount of unemployment varies subs...

Ngày tải lên: 15/12/2013, 11:15

... variety of interesting problems for eco- nomic theory. Some of these problems were highlighted in our description of the theory of efficiency wages. These prob- lems, however, go beyond the study of ... surplus of workers, it might seem profitable to reduce the wage it is offering. But by reducing the wage, the firm induces an adverse change in the mix of workers. In this case,...

Ngày tải lên: 15/12/2013, 11:15

... two chapters have started to THE DESIGN OF THE TAX SYSTEM 243 244 PART FOUR THE ECONOMICS OF THE PUBLIC SECTOR shed light on one of the Ten Principles of Economics from Chapter 1: The govern- ment ... past decade, most of the rich world’s fisheries have been exploited to the point of near-exhaustion.” The article continues with an analysis of the problem and a discussion of...

Ngày tải lên: 24/12/2013, 17:15

... international 672 PART ELEVEN THE MACROECONOMICS OF OPEN ECONOMIES would drive up the U.S. price of coffee and drive down the Japanese price. Con- versely, if a dollar could buy more coffee in Japan than in ... States, traders could buy coffee in Japan and sell it in the United States. This import of coffee into the United States from Japan would drive down the U.S. price of coffee an...

Ngày tải lên: 24/12/2013, 17:15