ellauri096.html on line 680: The authors stated that, since fluctuations in employment are central to the business cycle, the "stand-in consumer [of the model] values not only consumption but also leisure," meaning that unemployment movements essentially reflect the changes in the number of people who want to work. "Household-production theory," as well as "cross-sectional evidence" ostensibly support a "non-time-separable utility function that admits greater inter-temporal substitution of leisure, something which is needed," according to the authors, "to explain aggregate movements in employment in an equilibrium model." For the K&P model, monetary policy is irrelevant for economic fluctuations.
ellauri226.html on line 457: turned to welfare after businesses left The Bronx or closed causing unemployment. Fucking damn immigrants.
ellauri226.html on line 459: The number of minority families coming through and unemployment on the rise, some
ellauri299.html on line 556: Many [who? Marx and Engels maybe?] think that increasing the United States´ welfare state generosity would lower the working poverty rate. A common critique of this proposal is that a generous welfare state would not work because it would stagnate the economy, raise unemployment, and degrade people´s work ethic.
ellauri301.html on line 96: A grumpy, disillusioned, diabetic alcoholic with just enough goodness at his core to fire his desire to catch murderers, Wallander appears in 13 novels and is responsible for the majority of Mankell’s worldwide sales of more than 40 million books. The murders he investigated epitomised the slow decline Mankell detected in Swedish society. As well as the racism that appalled him there was rising unemployment and violent crime, corruption, the rigidity of a patriarchy forged in Lutheran religion and the relentless breakdown of communities and society.
xxx/ellauri085.html on line 441: And more recently incentive based economics introduced in 2017 is the reason that Americans coming in to 2020 had lower unemployment than all other economics predicted possible, with wages starting to grow rapidly again, and the reason that Americans fared better economically than any other part of the world under the ravages of the COVID pandemic. (Admittedly, it helped a lot that a bigger number of poor shits died of it.)
xxx/ellauri085.html on line 547: According to one of the most comprehensive studies to date on tax cuts for the rich, this should come as no surprise. A London School of Economics report by David Hope and Julian Limberg examined five decades of tax cuts in 18 wealthy nations and found they consistently benefited the wealthy but had no meaningful effect on unemployment or economic growth.
xxx/ellauri085.html on line 555: They then traced what happened to those nations’ economies in the five years after the cuts were implemented. They focused particularly on income inequality, economic growth as measured by gross domestic product, and the unemployment rate. They aggregated those trends across countries to capture the broadest possible picture of the tax cuts’ effects.
xxx/ellauri225.html on line 394: Crane returned to New York in 1928, living with friends and taking temporary jobs as a copywriter, or living off unemployment and the charity of friends and his father. For a time he lived in Brooklyn at 77 Willow Street until his lover, Opffer, invited him to live in Opffer´s father´s home at 110 Columbia Heights in Brooklyn Heights. Crane was overjoyed at the views the location afforded him. He wrote his mother and grandmother in the spring of 1924:
xxx/ellauri233.html on line 236: America has faced many fiscal and economic crises in the last decade: the housing bubble and the financial crisis, stagnant economic growth and high unemployment, record budget deficits and unsustainable debt. What do these problems have in common? They were all caused by statists!
xxx/ellauri233.html on line 242: Yet it is relentlessly demonized. We are told that businessmen pay “starvation wages,” that the rich get richer while the poor get poorer, and that the free market is impractical—prone to crises, depressions, mass unemployment, and coercive monopolies. Michael Dahlen dispels these and many other myths. He shows that a system of free markets and limited government is not only practical; he shows that it is moral, as it is the only system that recognizes each egoistic individual’s inalienable right to his own lifelong earnings.
xxx/ellauri253.html on line 84: The early 1990s recession describes the period of economic downturn affecting much of the Western world in the early 1990s. The impacts of the recession contributed in part to the 1992 U.S. presidential election victory of Bill Clinton over incumbent president George H. W. Bush. The recession also included the resignation of Canadian prime minister Brian Mulroney, the reduction of active companies by 15% and unemployment up to nearly 20% in Finland, civil disturbances in the United Kingdom and the growth of discount stores in the United States and beyond.
xxx/ellauri253.html on line 90: The collapse of the Soviet Union in 1991 led to a 70% drop in trade with Russia and eventually Finland was forced to devaluate, which increased the private sector's foreign currency denominated debt burden. At the same time authorities tightened bank supervision and prudential regulation, lending dropped by 25% and asset prices halved. Combined with raising savings rate and worldwide economic troubles, this led to a sharp drop of aggregate demand and a wave of bankruptcies. Credit losses mounted and a banking crisis inevitability followed. The number of companies went down by 15%, real GDP contracted about 14% and unemployment rose from 3% to nearly 20% in four years.
13