Latest Articles
On Your Mark. Get Set. Scrub! (11/30/2010)
When the majority chooses the “right” choice, it pays off to choose the “left,” especially when it comes to personal hygiene.
When the majority chooses the “right” choice, it pays off to choose the “left,” especially when it comes to personal hygiene.
Trade Deficits (transcript) (11/18/2010)
Trade deficits fund budget deficits and excessive consumption.
Trade deficits fund budget deficits and excessive consumption.
Money multiplier (transcript) (11/18/2010)
In a fractional reserve banking system, the Central Bank needs to print only a fraction of the total money supply. This fraction depends on the average circulation needs of the banking customers. The rest of the money supply could be created by banks through loans.
In a fractional reserve banking system, the Central Bank needs to print only a fraction of the total money supply. This fraction depends on the average circulation needs of the banking customers. The rest of the money supply could be created by banks through loans.
Spending Multiplier (transcript) (11/18/2010)
Total expenditure could be a multiple of the injected stimulus if most of the additional income is spent.
Total expenditure could be a multiple of the injected stimulus if most of the additional income is spent.
Deficit and Debt (transcript) (11/18/2010)
Debt/income ratio will rise as long as the deficit exceeds debt times the income growth rate.
Debt/income ratio will rise as long as the deficit exceeds debt times the income growth rate.
Big Mac Index (transcript) (11/18/2010)
The big mac index provides an interesting perspective into the determination of foreign exchange rates.
The big mac index provides an interesting perspective into the determination of foreign exchange rates.
