Search results
Results from the Tech24 Deals Content Network
Rolling recession. A rolling recession, or rolling adjustment recession, occurs when the recession only affects certain sectors of the economy at a time. As one sector enters recovery, the slowdown will ‘roll’ into another part of the economy. On the whole, rolling recessions occur regardless of nationwide or statewide economic recession ...
Angus Deaton. Sir Angus Stewart Deaton FBA [ 1] (born 19 October 1945) is a British-American economist and academic. Deaton is currently a Senior Scholar and the Dwight D. Eisenhower Professor of Economics and International Affairs Emeritus at the Princeton School of Public and International Affairs and the Economics Department at Princeton ...
In economics, the Laffer curve illustrates a theoretical relationship between rates of taxation and the resulting levels of the government's tax revenue. The Laffer curve assumes that no tax revenue is raised at the extreme tax rates of 0% and 100%, meaning that there is a tax rate between 0% and 100% that maximizes government tax revenue. [ a ...
Inside Job is a 2010 American documentary film, directed by Charles Ferguson, about the late-2000s financial crisis.Ferguson, who began researching in 2008, [3] said the film is about "the systemic corruption of the United States by the financial services industry and the consequences of that systemic corruption", [4] amongst them conflicts of interest of academic research, which led to ...
The parable seeks to show how opportunity costs, as well as the law of unintended consequences, affect economic activity in ways that are unseen or ignored. The belief that destruction is good for the economy is consequently known as the broken window fallacy or glazier's fallacy .
Between 2017 and 2021, the average cost for reaching a thousand Twitter users (the metric advertisers use is CPM, or cost per mille) was between $5 and $7. It costs that much to get a thousand ...
Deadweight loss. In economics, deadweight loss is the loss of societal economic welfare due to production/consumption of a good at a quantity where marginal benefit (to society) does not equal marginal cost (to society) – in other words, there are either goods being produced despite the cost of doing so being larger than the benefit, or ...
The Undercover Economist ( ISBN 0-19-518977-9) ( ISBN 0345494016) is a book by Tim Harford published in 2005 by Little, Brown. [ 1] The book provides an introduction to principles of economics, including demand-supply interactions, market failures, externalities, globalisation, international trade and comparative advantage.