Economists
Essays

The concept of trade balance dates back at least as far as Ricardo. Samuelson noted in 1964 that the theory of comparative advantage, in which international trade is explained, does not promise that there will be…

¶ … policies, discuss the way fiscal policy can influence the macroeconomics aspects related to one country and how and when the full employment situation can be achieved. The conclusions at the end will sum up the…

The modern day society is currently facing one of the most difficult moments -- the emergence of the internationalized economic crisis. It initially commenced in the American real estate sector, but quickly expanded to…

Watson, William. "Lessons from the Great Depression: Not the 1930s all over again." Policy

Art and economics are often believed to reside in totally different dimensions, different realities. On the one side is the creative artist, who distances himself or herself from monetary needs.

In an increasingly globalized marketplace, understanding the forces at play has become more challenging that ever before. Fortunately, economists have some useful tools at their disposal to help them make sense of…

This short chapter introduces the two authors of the book, Steven D. Levitt, and award-winning economist, and Stephen J. Dubner, a writer and journalist who profiled Levitt. The chapter shows how the two men met and how…

This paper discusses a wide variety of topics in macro economics to include: the federal government's sources of revenues / expenditures, trends in the national debt and possible strategies for dealing with these issues. Once this occurs, is when there are more specific insights about the challenges and scope of the problem. This is the point that the reader will have a greater understanding as to how we can possibly deal with these issues.

The world we know today is the result of endless processes of change that emerged in antiquity and have yet to come to an end. These changes are obvious at all levels of the every day life and the most relevant examples…

How do the executive and legislative branches -- given the dynamics of the American political culture -- influence and/or shape U.S. foreign policy? This paper will discuss that issue and present an example of how the…