Trump has been going on about Tariffs, but how could any country utilized tariffs for good? This post attempts to explore how tariffs on some goods and services can increase domestic economic opportunities without harming the working class.
Tag: Economics
Argues that rent control reduces new housing construction, disadvantages families and newcomers, and incentivizes renovations that displace tenants.
Explaining the causes of the Great Depression: gold standard, bank runs, lack of regulation, stock market crash, shrinking money supply, and trade policies.
Economic analysis of cryptocurrency, comparing Ethereum to alternatives, discussing Layer 2 value, and debating if crypto is currency or security.
Analyzes a macroeconomics question on inflation determinants, arguing online sources like Chegg are incorrect and explaining how real output growth impacts inflation with constant money supply and interest rates.
Detailed notes and summaries from an EC 250 Macroeconomic Analysis course, covering national income, GDP, saving, wealth, inflation, interest rates, productivity, labor, unemployment, consumption, investment, open economy, business cycles, IS-LM-FE model, Phillips curve, monetary policy, government finance, and economic growth.
Theorizes the potential of Universal Basic Income (UBI) to boost innovation and wages by offering financial security for R&D, and discusses related concepts such as patent law reform and merit-based funding.
Explore summary notes on EC 260 Intermediate Microeconomic Analysis, covering key concepts like marginal revenue, elasticity, input maximization, economies of scope, profit maximization, Cournot solutions, and price discrimination strategies.