Economia
- Yada, Yada, Yada
An argument that has been floated recently, to the point of meriting the dubious honor of being officially dismissed in the Copom minutes, is that the increase in foodstuff prices would have an effect on Brazilian consumption similar to the increase in...
- Vantagem Comparativa Obsoleta
Comparative Advantage: An Idea Whose Time Has Passed The Division of Labor Is the Engine That Drives Prosperity Michael Munger The most important principle in economics is opportunity cost. Here’s proof: you can define opportunity cost without...
- Ciência Econômica
Economics is organized common sense. Here is a short list of valuable lessons that our beautiful subject teaches. 1. Many things that are desirable are not feasible. 2. Individuals and communities face trade-offs. 3. Other people have more information...
- Ranking Dos Melhores Países Para Fazer Negócios
Top 20 Countries For Business By Bloomberg Rankings Fifty nations were analyzed on six broad criteria including the cost of starting a business, the cost of labor and materials, and the cost of moving goods. The study also tallied how integrated each...
- Bhagwati Sobre Os Mitos Protecionistas
Nada como ter a teoria correta e os dados na ponta da língua. Um dos maiores experts de comércio internacional, Jagdish Bhagwati, aponta os maiores mitos do protecionismo. O argumento completo está aqui. Myth 1: “The cost of protection and its flipside,...
Economia
ECONOMICS - GREGORY MANKIW
Além de ter um dos livros textos de ECONOMIA mais lidos e vendidos no mundo, GREG MANKIW também é colega blogueiro, evidentemente num patamar além das estrelas. Ontem ele publicou um e-mail que recebeu de um Professor, exatamente sobre o título de seu principal livro ECONOMICS. Veja abaixo como ficou nota dez!
Ten Key Principles in Economics!
Everything has a cost. There is no free lunch. There is always a trade-off.
Cost is what you give up to get something. In particular, opportunity cost is cost of the tradeoff.
One More. Rational people make decisions on the basis of the cost of one more unit (of consumption, of investment, of labor hour, etc.).
iNcentives work. People respond to incentives.
Open for trade. Trade can make all parties better off.
Markets Rock! Usually, markets are the best way to allocate scarce resources between producers and consumers.
Intervention in free markets is sometimes needed. (But watch out for the law of unintended effects!)
Concentrate on productivity. A country’s standard of living depends on how productive its economy is.
Sloshing in money leads to higher prices. Inflation is caused by excessive money supply.
!! Caution: In the short run, falling prices may lead to unemployment, and rising employment may lead to inflation.
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- Yada, Yada, Yada
An argument that has been floated recently, to the point of meriting the dubious honor of being officially dismissed in the Copom minutes, is that the increase in foodstuff prices would have an effect on Brazilian consumption similar to the increase in...
- Vantagem Comparativa Obsoleta
Comparative Advantage: An Idea Whose Time Has Passed The Division of Labor Is the Engine That Drives Prosperity Michael Munger The most important principle in economics is opportunity cost. Here’s proof: you can define opportunity cost without...
- Ciência Econômica
Economics is organized common sense. Here is a short list of valuable lessons that our beautiful subject teaches. 1. Many things that are desirable are not feasible. 2. Individuals and communities face trade-offs. 3. Other people have more information...
- Ranking Dos Melhores Países Para Fazer Negócios
Top 20 Countries For Business By Bloomberg Rankings Fifty nations were analyzed on six broad criteria including the cost of starting a business, the cost of labor and materials, and the cost of moving goods. The study also tallied how integrated each...
- Bhagwati Sobre Os Mitos Protecionistas
Nada como ter a teoria correta e os dados na ponta da língua. Um dos maiores experts de comércio internacional, Jagdish Bhagwati, aponta os maiores mitos do protecionismo. O argumento completo está aqui. Myth 1: “The cost of protection and its flipside,...