Capitalism and Freedom

Economics, Analysis and Observations

Saturday, February 28, 2009

CEA CHAIRMAN ON FISCAL STIMULUS

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Christy Romer is on the pro side of the fiscal stimulus ( link ).
Thursday, February 26, 2009

DENSITY OF TRADE UNION MEMBERSHIP IN OECD 1960-2007

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Here ( link ) is the availible data on density of trade union membership in OECD between 1960 and 2007. The membership in trade unions has b...
3 comments:
Wednesday, February 25, 2009

U.S, EUROPE AND RECESSION

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Dan Mitchell wrote an article arguing against Obama's spending stiumulus ( here and here ). Meanwhile, major European economies are suf...
Thursday, February 19, 2009

ANOTHER ATTACK ON TAX HAVENS

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A campaign against tax havens has been launched by the British PM ( link ).

FED'S NEW OUTLOOK FOR 2009

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Source: WSJ ( link )

AN INSIGHT INTO ICELAND'S FINANCIAL CRISIS

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Hannes Gisurarsson's opinion in the WSJ ( link ) summarized the timeline and details that flipped Icelandic economy into the financial c...
7 comments:

THE CURSE OF PUBLIC DEBT

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John Steele Gordon wrote an article ( link ) about the history of U.S. national debt in the twilight of CBO's estimate of $1.2 trillion ...
Monday, February 16, 2009

SLOVENIAN ECONOMY AND THE 2009 RECESSION

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Bloomberg has published an article about the recessionary expectations in Slovenia ( link ). The article outlined concerns over a potential ...
Wednesday, February 04, 2009

ECONOMIC FREEDOM IN 2009

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WSJ and Heritage Foundation have released the annual 2009 Index of economic freedom ( link ). This year, countries with high score on econom...
1 comment:

RUSSIA'S CREDIT RATING DOWNGRADED

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Unsurprisingly, Fitch has slashed ( link ) Russia's credit rating to BBB, just two ranks above the junk grade. The main driver behind lo...

GOOD NEWS FROM IRELAND

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WSJ reports ( link ) that Ireland intends to curb public spending by €1.4 billion in response to widening budget deficit.

ASIA'S EMERGING ECONOMIES

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The Economist discussed ( link ) the macroeconomic issues of emerging Asian economies. "Asia has never before deployed its monetary and...
Tuesday, February 03, 2009

ICELAND SOVEREIGN CREDIT REPORT

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Moody has maintained Iceland's negative outlook on economic and financial crisis ( link ).

LESSONS FROM FINANCIAL CRISES

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Carmen M. Reinhart and Kenneth Rogoff discussed the consequences of financial crises and the impact on output, prices and employment ( link ...

UNIONS AND UNEMPLOYMENT

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After an intensive debate about fiscal stimulus that would be utilized to cure the recessionary downturn of the current year, there is a wid...
1 comment:
Friday, January 23, 2009

THE MYTH OF GOVERNMENT SPENDING MULTIPLIER

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Robert Barro makes ( link ) a strong case on why Keynesian spending multiplier is a theoretical illusion resulted from the fact that governm...
2 comments:
Monday, January 05, 2009

THE MOST EDUCATED TOWNS IN THE U.S

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Here ( link ) is an interesting research conducted by Forbes. It is the list and specific charateristics of the most educated towns in the U...
1 comment:
Sunday, January 04, 2009

OIL SHOCKS AND RECESSION 2008

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Those of you who enjoy grasping the macroeconomic reality with both hands and attend advanced macro classes will probably enjoy reading prof...

SLOVAKIA ADOPTS EURO

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On January 1, 2009, Slovakia left ERM II and became the 16th country of the eurozone ( here and here ). While fiscal consolidation has been...
Thursday, December 18, 2008

FLAT TAX IN BELARUS

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Belarus is another Eastern European economy joining the flat tax club. The Ministry of Finance has proposed the shift from progressive tax s...
1 comment:
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Rok Spruk
Discovering Economic Science from various Perspectives
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