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Smart Economics: Commonsense Answers to 50 Questions about Government, Taxes, Business, and Households de Michael Walden

Smart Economics: Commonsense Answers to 50 Questions about Government, Taxes, Business, and Households

Autor Michael Walden
en Limba Engleză Hardback – 29 aug 2005 – vârsta până la 17 ani
Budget deficits, gas prices, health care costs, social security, job security.. Anxiety over the economy pervades our daily lives-from reports on the early morning newscasts to gossip around the water cooler to dinner table debate. Yet most citizens are woefully ignorant when it comes to understanding how the economy works and how to interpret the impact of policies and business decisions. It's easy to slip into generalities: government spending is wasteful, taxes are too high, good-paying jobs are being shipped overseas, Americans don't save enough. Other issues become hijacked by political partisans to advance their agendas: trade must be fair!, tax cuts will pay for themselves!, there will be no money left in the social security till after the baby boomers loot it! In Smart Economics, Michael Walden provides an antidote: take 50 of today's top economic issues and explain their meaning, implications, and potential solutions in a logical, straightforward, commonsense, and non-partisan way. Has Government Spending Been Out of Control? Is Profit Bad? Walden applies basic economic concepts and logical argumentation to help readers get their bearings-to separate fact from fiction and ultimately make better economic decisions themselves. The result is an entertaining and highly informative introduction to economic principles and their influence on our behavior.In Smart Economics, Michael Walden provides an antidote: take 50 of today's top economic issues and explain their meaning, implications, and potential solutions in a logical, straightforward, commonsense, and non-partisan way. From Has Government Spending Been out of Control? to Is Profit Bad? to Why Are Pro Sports Stars Paid So Much? Walden demystifies the dismal science, using basic concepts and logical argumentation to help readers get their bearings-to separate fact from fiction and ultimately make better decisions, when it comes to spending, investing, saving, and voting. The result is an entertaining and informative introduction to economic principles and their influence on our behavior.
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Livrare economică 29 ianuarie-12 februarie 25

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Specificații

ISBN-13: 9780275987503
ISBN-10: 0275987507
Pagini: 216
Dimensiuni: 156 x 235 x 20 mm
Greutate: 0.48 kg
Editura: Bloomsbury Publishing
Colecția Praeger
Locul publicării:New York, United States

Notă biografică

Michael L. Walden is Reynolds Distinguished Professor of Agricultural and Resource Economics, North Carolina State University, where he teaches courses in consumer economics, macroeconomics, microeconomics, and resource economics. He is the author of several books and over 200 academic articles, research monographs, conference presentations, and research reports on economic and consumer behavior. He writes and co-produces two radio programs, The Economic Perspective and The Economic Focus, writes the bi-weekly newspaper column, You Decide, and conducts public programs on issues of economic forecasting, behavior, and development.

Cuprins

ECONOMIC QUESTIONS ABOUT WHAT GOVERNMENT DOES, WHAT GOVERNMENT DOESN'T DO, AND HOW GOVERNMENT SPENDS OUR MONEYHas Government Spending Been Out of Control?Will the National Debt Sink Our Economic Future?Do Budget Deficits Increase Interest Rates?Can Government Spending Be Cut by Eliminating Waste?Does Government Spend Too Much, or Not Enough, on the Poor?Does Spending on War Help the Economy?Does More Spent on Education Pay-off in Student Achievement?Has the Social Security Surplus Been Stolen?Is Social Security Going Bankrupt?Should Our Money Be Backed by Gold?Should Government Enforce a Living Wage?Should the Government Control the Prices of Necessities?Should Government Pay Businesses to Create Jobs?Can Government Create Prosperity?ECONOMIC QUESTIONS ABOUT HOW MUCH TAXES ARE PAID, WHO PAYS TAXES, AND THE FAIRNESS OF THE TAXESDo We Pay 60% to 80% of Our Income in Taxes?Does a Tax Bracket of 40% Mean the Government Takes 40% of Your Income?Can Cutting Tax Rates Increase Tax Revenue?Will a Tax Cut of $1 Create $7 to $10 of New Income?Do Corporations Pay Too Little in Taxes?Would Rich Investors Benefit from a Flat Tax?Is the Sales Tax Regressive?Do the Rich Get a Break on Social Security Taxes?Has the Marriage Tax Ended?ECONOMIC QUESTIONS ABOUT WHAT BUSINESS DOES AND WHY AND HOW THAT AFFECTS JOBS, CONSUMERS, AND THE COUNTRYIs American Manufacturing Dying?Are Low-Paying Jobs Replacing High-Paying Ones?Are Companies Out-Sourcing Good-Paying Jobs?Will Free Trade Destroy Our Economy?Can U.S. Workers Compete with Low-Paying Foreign Workers?Do Countries Only Prosper If They Run a Trade Surplus?Is a "Strong" Dollar Good and a "Weak" Dollar Bad?Are Profits Bad?Does Business Make Obscene Profits?Does Big Business Control the Economy?Can Pro Teams and Facilities Hit Economic Home Runs?Why Are Pro Sports Stars Paid So Much for Playing a Game?Are We Running Out of Farmers, Farmland, and Food?Are Gas Prices at an All-Time High??Do Big Oil Companies Manipulate Oil Supplies and Gas Prices?Should We Become Energy Self-Sufficient?Is Immigration Hurting Our Economy?ECONOMIC QUESTIONS ABOUT HOW HOUSEHOLDS LIVE AND HOW THEY EARN AND SPEND MONEYIs Everything More Expensive Today, or Should You Wish for the "Good Old Days"?Does It Take Two Incomes for Families to Get Ahead Today?Are Americans Drowning in Debt and Not Saving?Do Women Earn Less Than Men?Are the Rich Getting Richer and Everyone Else Getting Poorer?Is Poverty Getting Worse?If It Saves One Life, Is It Worth the Cost?Can Families Afford College?Would Importing Drugs Lower their Prices?Can the Government Lower Consumers' Health Costs?

Recenzii

Walden uses basic economic concepts and logic to examine the meaning, implications, and possible solutions to 50 current economic issues. Aimed squarely at the general reader, the book is organized as a series of questions with each two- to five-page chapter laying out the basic facts surrounding the issue and applying mainstream economic reasoning to explain those facts..Specific issues include budget deficits and the national debt, Social Security, outsourcing, the trade deficit, gasoline prices, sports franchises, immigration, poverty, and health care..Recommended. General readers; all levels of undergraduates.
For readers with no background in economics or mathematics, Walden addresses some of the major economic questions in the news, not so much answering them as explaining the underlying issues and the criteria for making a decision. Among them are whether war helps the economy, whether Americans pay 60-80% of their income in taxes, whether low-paying jobs are replacing high-paying ones, and whether women earn less than men.
[A]n entertaining and informative introduction to economic principles and their influence on our behavior.