Questions tagged [political]

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Can the US government selectively cancel debt held by the Federal Reserve?

Sort of a follow-up to this question on the Politics SE, which asked about the US government cancelling debt held by China. From the answers to that question, this kind of selective default is not ...
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22 views

Military and Business Strategy

I am thinking through the parallels between military and business strategy but am stuck on a foundational aspect. Most of business strategy results from some kind of competition in order to gain ...
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1answer
105 views

Single Peaked Preferences and Condorcet Cycles [closed]

How can you prove the theorem that Single peaked preferences imply that there are no Condorcet cycles
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2answers
50 views

What would happen if a country defaulted on its public debt?

Could someone explain in full detail to someone that does not understand much what would happen if a country refused to pay its pubic debt? Someone told me if this happens banks would fall and ...
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1answer
103 views

Does the political claim “will create X jobs” have an economic definition?

I often see claims that new (generally government) projects will "create n jobs". For example, this 2013 claim from the Economic Development Blog about the 2020 Olympic Games: The Olympic Games ...
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60 views

Use of DSGE models for the day-to-day government policy decisions? If no - then what are obstacles?

Are DSGE models used for the day-to-day government policy estimation and optimization? E.g. can DSGE model be used for estimation of the return of additional investments in education and how those ...
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2answers
173 views

How should the general public evaluate economic arguments?

This is a follow-up question to Why do economists disagree so much? I know little about economics - just enough to know that it's a complex field I don't understand. However I see economic arguments ...
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2answers
201 views

If 1% of the solar energy of the Sahara can power the entire world, why isn't it happening?

There is an article on Forbes where Mehran Moalem, UC Berkeley professor, argues: 1.2% of the Sahara desert is sufficient to cover all of the energy needs of the world in solar energy. [...] The ...