Questions tagged [political]

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What are some environmental problems caused by food production that political economy has explanation to? [closed]

Please help me understand environmental degradation in food production from political economy point of view. I do not have specific environmental problems I only need to know what are some problems ...
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1answer
54 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
42 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
98 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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57 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
153 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
167 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 ...