While there are plenty of holes in supply-side economics, it isn’t completely flawed, although its success can be hard to measure. It takes a long time to reap the benefits of these policies, and any good that comes from them may be attributed to something else. A lot also depends on...
Discusses the benefits of supply-side economics and the lack of support from the Republicans for passing the tax cut package mentioned in the Contract with America. Former Congressman Jack Kemp's expertise on the subject; Salient features of the package; Importance of Kemp's book `An American ...
当当网图书频道在线销售正版《【预订】Supply-Side Follies: Why Conservative Economics Fails, Liberal Economics Falters, and Innovation Economics Is the Answer》,作者:Atkinson,出版社:Rowman & Littlefield Publishers。最新《【预订】Supply-Side Follies: Wh
Why has total current dollar spending been so anemic? Even afteraccountingfor the run up in nominal spending during the housing boom, it is still below trend and continues to be a drag on the recovery. A useful way to answer this question is to look at three components of nominal spending...
Crowding-Out EffectThecrowding-out effectis a phenomenon in economics that occurs whenincreased government spendingor intervention in a specific sector of the economy leads to adecrease in private sector spending. This effect is a critical concept in fiscal policy and macroeconomics, shedding light on...
On Monday, the Nobel Prize committee awarded the prize for economics to the three scholars who have done the most to explain this phenomenon. Two of the winners are Americans, Peter Diamond of MIT and Dale Mortensen of Northwestern. The third winner is Christopher Pissarides, who teaches at th...
Yet despite fluctuations, China has shown remarkable resilience – what New York Times’ Philip P. Pan described as a “Land That Failed to Fail”. Having worked in China for 30 years, I had first-hand experience with this vitality. BCG’s founding partner in China, Bob Ching, noted long...
In addition, paid work has spillover effects on relationships outside the workplace. A high level of work-life conflict implies that important life interests, such as the care for children or own parents, do not get the time and attention needed, and this will affect work motivation negativel...
which I find quite remarkable. I’m not suggesting that monetarism itself worked particularly well. It didn’t. But once money supply was not being targeted directly and was free to move around, it struck me that when you have off-the-charts accelerations in money s...
impact of psychological entitlement on workplace deviance. This study offers novel insights into the dark side of PEB literature by exploring the PEB–workplace deviance relationship. This study also contributes to managerial implications of how PEB leads to workplace deviance and how to address this...