Campbell, Duane
Theparadox of thriftshows how individual choices to save more can produce the opposite effect in the aggregate. No paradox is needed to explain why governments adopting fiscalausterityoften cause deeper economic downturns, creating more significant deficits and ultimately more debt. Debt and debt servic...
His theories were developed in response to the Great Depression, which defied classical economics' assumptions that economic swings were self-correcting. Keynes' ideas were highly influential and led to theNew Dealin the U.S., which involved massive spending on public works projects and social welf...
But he also has an important audience in the United States, where Republicans are trying to sell a toxic blend of trickle-down supply-side economics (tax cuts on the rich and on corporations) and austerity for everyone else (government spending cuts). That’s exactly the opposite of what’s...
Utilization: AFSCME’s organizing efforts have empowered public sector workers to collectively bargain for better pay, benefits, and workplace protections. The union’s advocacy work extends to issues such as privatization, outsourcing, and austerity measures that impact public sector employees and the ...
and contestations based on NIR. Parishes in the municipality of Valongo were selected and analysed, namely Alfena, Campo e Sobrado, Valongo, and Ermesinde; a total of 998 questionnaires were collected. It was concluded that all of the studied dimensions were statistically significant in the fina...
A subsequent re-analysis by researchers from the University of Massachusetts at Amherst disproved this finding by tracing it to a coding error in the authors’ work. However, this revelation did not lead to a reconsideration of the austerity economic policies that had already been implemented on ...
Explain which perspective, Keynesian or Austerity, is better policy for a government during a recession. What did pre-Keynesian believe about the market and its ability to pull itself out of a recession? What is the difference between socialism and Keynesian economics? How does the Keynesian expla...
Austerity measures following the global recession have created inequities in access to drugs with concern about the impact on subsequent outcomes. The cancer economics debate has largely centred on the provision of drugs, with access to radiotherapy and over-penetration of high cost radiation ...
but then the facilities, from cultural centres to gyms, restaurants to shops, were ordered to be shuttered, some for 18 months, as if the loss of these sectors for such an extended time would not damage actors in part of the economy, in what might be seen as a form of “austerity”....