Questions tagged [policy]

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1answer
41 views

Is possible implement a thrid-way economy without undesired side effects, that persists in time? (Under the Austrian School of Economy) [closed]

The questions is very much in the title, but some clarification are necessary For the porpourse of this question the term third-way economy will be defined as a economic system that tries to have ...
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0answers
15 views

What is the author trying to imply in this sentence? what is employment per unit of capital?

"The usage of extra machinery does not cause unemployment since, employment per unit of capital is large in labor-intensive products that the country exports and the vast world market allows ...
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1answer
37 views

US minimum wage beyond $15 per hour

Current policy debate among US lawmakers includes proposals for raising the minimum wage nationwide to \$15. It is currently \$7.25 by federal statute, which is the amount in effect except in states ...
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1answer
99 views

Is there any example to see the differences among Rawlsian ethics, Utilitarianism or (classical) liberalism ethics in policy economics?

From a decent answer and comment here of 1muflon1, I am motivated to know more about Rawlsian ethics, Utilitarianism, or (classical) liberalism ethics in policy economics. However, so far, I still not ...
2
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1answer
81 views

Analyzing a Gambling Race Paradox

Suppose a number of players are given $100$ points each, and repeatedly engage in a gamble having positive expected value, with the goals of being the first player to reach $100000$ points. Solving ...
1
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1answer
41 views

Impact evaluation of a policy when different individuals adopt the policy at different times

Let there be a policy $T$ which can either be implemented or not implemented by an organisation. Suppose there are $n$ organisations and the outcome variable $Y$. The policy is not centrally imposed- ...
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4answers
59 views

How do I test if a given policy was successful?

I have some data for medical R&D and sales, my professor has asked me to check if a policy implemented in 2016 has made any effects on R&D and R&D/Sales data. I tried to plot growth rates ...
3
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1answer
99 views

Are there economic studies surrounding the efficacy of gun control?

In light of a recent mass shooting in Nova Scotia, the Prime Minister of Canada intends to ban a lot of firearms. I have seen both sides of this debate, notably whether or not gun control is an ...