Questions tagged [political]

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5 votes
1 answer
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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 ...
Oddthinking's user avatar
4 votes
2 answers
313 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 ...
asmani's user avatar
  • 143
3 votes
2 answers
191 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 ...
Allure's user avatar
  • 1,250
0 votes
2 answers
71 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 ...
Joselin Jocklingson's user avatar
0 votes
1 answer
273 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
PhysicsEnthu's user avatar
0 votes
1 answer
30 views

Are Estonia, Iceland, Hungary and Greece in a similar economical level?

I was wondering whether the Estonian or the Icelandic economies, despite being small, are relatively close to the Hungarian and the Greek economies, or whether they are much smaller Therefore, are ...
vengaq's user avatar
  • 101
0 votes
1 answer
152 views

Asking for some geopolitical variables suggestion

Normally, we control for geography variables in some economic studies. However, in the study examining how well the government implements the laws and orders, my advisor told me that we can think of ...
Phil Nguyen's user avatar
  • 1,110
0 votes
1 answer
152 views

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 ...
Allure's user avatar
  • 1,250
0 votes
0 answers
21 views

Engine efficiencies on small scale ( ice engines vs turbines

A formula one engine is around 51% efficient (and if it weren't for the regulation and rules it might have been close to 55 to 60% efficient read somewhere in Google) that the extreme side but there ...
Doctor Pinocchio's user avatar
0 votes
0 answers
22 views

"Technological breakthrough changes social-economic relations" - how this Marxian thesis is perceived in orthodox economy and political economy?

This article https://ojs.library.ubc.ca/index.php/newproposals/article/view/2017 from Neo-Marxian peer-reviewed journal applies the Marxian thesis "technological breakthrough changes social-...
TomR's user avatar
  • 425
0 votes
0 answers
28 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 ...
user86422's user avatar
0 votes
0 answers
63 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 ...
TomR's user avatar
  • 425