Economia
Why is the recovery from the Great Recession so slow?
Mounting evidence suggests there are two reasons: (1) We are discouraging employers from hiring and (2) we are discouraging the unemployed from seeking work.
Public policy uncertainty has been shown to be a major cause of employer reluctance to hire new employees, and the Obama administration has made the business community about as uncertain as they can be with ObamaCare, the Dodd/Frank financial regulation and more recently with its bizarre and totally unclear position on tax rates. At the same time we have greatly expanded the rewards for not working — so much so that University of Chicago economist Casey Mulligan estimates that half of the employment we are experiencing is because we are paying people not to work.
Yet there is another point of view. It’s old line Keynesian economics. A few years ago, most economists regarded this approach as a relic of the past. But the usual circumstances of our economic plight have given Keynesianism a breath of new life.
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Economia
Polítca macroeconômica errada
Can We Spend Ourselves From Recession To Prosperity?
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Paul Krugman - Caricature (Photo credit: DonkeyHotey)
Mounting evidence suggests there are two reasons: (1) We are discouraging employers from hiring and (2) we are discouraging the unemployed from seeking work.
Public policy uncertainty has been shown to be a major cause of employer reluctance to hire new employees, and the Obama administration has made the business community about as uncertain as they can be with ObamaCare, the Dodd/Frank financial regulation and more recently with its bizarre and totally unclear position on tax rates. At the same time we have greatly expanded the rewards for not working — so much so that University of Chicago economist Casey Mulligan estimates that half of the employment we are experiencing is because we are paying people not to work.
Yet there is another point of view. It’s old line Keynesian economics. A few years ago, most economists regarded this approach as a relic of the past. But the usual circumstances of our economic plight have given Keynesianism a breath of new life.
Mais
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- Mercado De Trabalho
A new study argues cutting unemployment benefits created 1.8 million jobs Just looking at the economy's overall size, you wouldn't think that the last year was much different from any of the others since the recession. The U.S....
- Transformação Da Educação Universitária - O Papel Dos Think Tanks
Will Think Tanks Become The Universities Of The 21st Century? comments, called-out Comment Now Follow Comments Following Comments Unfollow Comments Comment Now Follow Comments Following Comments...
- Incerteza Inibe Recuperação Da Economia Americana (como Ela Do Brasil)
Uncertainty Is the Enemy of Recovery At Vanguard, we estimate that policy uncertainty has created a $261 billion drag on the U.S. economy. smaller Larger By BILL MCNABB Anyone hoping for signs of a healthy economic recovery was disappointed...
- As Contribuições De Buchanan Para A Teoria Econômica
What made Buchanan special as an economist? by Tyler Cowen on January 13, 2013 at 7:58 am in Economics | Permalink Matt asks this question. I am a bit on the run, so I will do this in link-less form, but all the sources should be...
- A Grande Estagnação - "regime Uncertainty"
Regime Uncertainty: Some Clarifications Mises Daily:Monday, November 19, 2012 by Robert Higgs In a 1997 article in the Independent Review ("Regime Uncertainty: Why the Great Depression Lasted So Long and Why Prosperity Resumed After the War")...