The Conference Board Presents
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Minimum Wage Legislation in Massachusetts
| Author | : National Industrial Conference Board |
| Publisher | : |
| Total Pages | : 270 |
| Release | : 1927 |
| Genre | : Minimum wage |
| ISBN | : |
Agricultural Economics Literature
| Author | : United States. Bureau of Agricultural Economics. Library |
| Publisher | : |
| Total Pages | : 586 |
| Release | : |
| Genre | : Agriculture |
| ISBN | : |
Real Business Cycle Theory
| Author | : Fouad Sabry |
| Publisher | : One Billion Knowledgeable |
| Total Pages | : 318 |
| Release | : 2024-04-15 |
| Genre | : Business & Economics |
| ISBN | : |
What is Real Business Cycle Theory Real business-cycle theory is a class of new classical macroeconomics models in which business-cycle fluctuations are accounted for by real shocks. Unlike other leading theories of the business cycle, RBC theory sees business cycle fluctuations as the efficient response to exogenous changes in the real economic environment. That is, the level of national output necessarily maximizes expected utility, and governments should therefore concentrate on long-run structural policy changes and not intervene through discretionary fiscal or monetary policy designed to actively smooth out economic short-term fluctuations. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Real business-cycle theory Chapter 2: Keynesian economics Chapter 3: Macroeconomics Chapter 4: Recession Chapter 5: New Keynesian economics Chapter 6: Real versus nominal value (economics) Chapter 7: Business cycle Chapter 8: Aggregate demand Chapter 9: Procyclical and countercyclical variables Chapter 10: Robert Hall (economist) Chapter 11: Economic stability Chapter 12: Dynamic stochastic general equilibrium Chapter 13: Neoclassical synthesis Chapter 14: New classical macroeconomics Chapter 15: Great Moderation Chapter 16: Demand-led growth Chapter 17: Stock market cycle Chapter 18: History of macroeconomic thought Chapter 19: Welfare cost of business cycles Chapter 20: Regression analysis Chapter 21: Economic recession in Iran (II) Answering the public top questions about real business cycle theory. (III) Real world examples for the usage of real business cycle theory in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Real Business Cycle Theory.
Discussions of Labor Laws and Their Administration
| Author | : Edward Berman |
| Publisher | : |
| Total Pages | : 832 |
| Release | : 1934 |
| Genre | : Banks and banking, Cooperative |
| ISBN | : |
Journal Holdings Report
| Author | : United States. Environmental Protection Agency. Information Management and Services Division |
| Publisher | : |
| Total Pages | : 382 |
| Release | : 1980 |
| Genre | : Environmental protection |
| ISBN | : |
Decisions and Orders of the National Labor Relations Board
| Author | : United States. National Labor Relations Board |
| Publisher | : |
| Total Pages | : 1442 |
| Release | : 1978 |
| Genre | : Labor laws and legislation |
| ISBN | : |
Superabundance
| Author | : Marian L. Tupy |
| Publisher | : Cato Institute |
| Total Pages | : 575 |
| Release | : 2022-08-31 |
| Genre | : Business & Economics |
| ISBN | : 1952223407 |
Generations of people have been taught that population growth makes resources scarcer. In 2021, for example, one widely publicized report argued that “The world's rapidly growing population is consuming the planet's natural resources at an alarming rate . . . the world currently needs 1.6 Earths to satisfy the demand for natural resources ... [a figure that] could rise to 2 planets by 2030.” But is that true? After analyzing the prices of hundreds of commodities, goods, and services spanning two centuries, Marian Tupy and Gale Pooley found that resources became more abundant as the population grew. That was especially true when they looked at “time prices,” which represent the length of time that people must work to buy something. To their surprise, the authors also found that resource abundance increased faster than the population―a relationship that they call superabundance. On average, every additional human being created more value than he or she consumed. This relationship between population growth and abundance is deeply counterintuitive, yet it is true. Why? More people produce more ideas, which lead to more inventions. People then test those inventions in the marketplace to separate the useful from the useless. At the end of that process of discovery, people are left with innovations that overcome shortages, spur economic growth, and raise standards of living. But large populations are not enough to sustain superabundance―just think of the poverty in China and India before their respective economic reforms. To innovate, people must be allowed to think, speak, publish, associate, and disagree. They must be allowed to save, invest, trade, and profit. In a word, they must be free.
