Results 1 to 10 of 39
The Gold Standard and Unemployment
Wouldn't a gold standard have a deflationary, and thus, pro-unemployment, bias and wouldn't it inhibit the Federal Reserve Board's ability to provide liquidity and credit when needed? more
Currency and Exchange Rates
Are flexible exchange rates and floating exchange rates the same thing? more
Government and Recessions
What steps should be taken to bring the economy out of recession? more
Government Intervention and "Unrestrained" Competition
Advocates of government intervention in the economy often make their case by attacking "unrestrained" competition. Is competition ever "unrestrained"? What were some of the important restraints on competition that operated in the U.S. economy in the 19th century when, according to some accounts, competition was "unrestrained"? more
Supply and Demand and the Labor Market
How does the law of supply and demand work with respect to the labor market? more
"Maximum Wage" Law
Should the government ever impose a "maximum wage," and if so, what should it be? Would a maximum wage law help or hurt the economy? more
Gold Reserves and the Dollar
What if the all the gold in the U.S. reserves were suddenly dumped onto the market. What would happen to the economy? The price of gold? The strength of the U.S. dollar? more
Politicians and Protectionism
Why do some politicians and interest groups favor protectionist policies while most economists oppose them? more
Savings Rates and Living Standards
How does a higher savings rate lead to a higher standard of living? more
