Naked Economics: Undressing the Dismal Science pdfdrive com

see also health insurance interest, compound, 176
interest rates, 220, 269
banks’ money supply and, 230
“easy money” and, 228
Federal Reserve and, 208, 215, 216, 225–33
inflation and, 240
in international economics, 259–61
real, 251
real vs. nominal, 239, 240–41
as rent rates on capital, 157–58, 176, 230, 240, 246, 253
of zero, 246
international economics, 250–76
international loans, 270
International Maritime Organization, 159
International Monetary Fund (IMF), 44, 156, 164, 265, 275–76, 333
Internet, 48, 106, 137, 145, 154, 208, 213, 294, 309, 334
government role in, 82
King novel offered on, 75–76
interstate highway system, 72
intuition, in decision making, 26
investment, 272
for the long-term, 180–81
productivity growth and, 144
saving for, 175–76
strategies for, 155
taxes and, 98
invisible hand, 4, 60, 165
Iowa, 49, 186, 237, 310–11
Iowa Renewable Fuels Association, 186
Iran, GDP per capita of, 316
Iraq, sanctions imposed on, 287
Iraq War, 287
Irrational Exuberance (Shiller), 172
Irwin, Doug, 281
Israel, 38, 81, 140, 201, 287, 316
Italy, 251, 329
Ivester, Douglas, 3
Ivory Coast, 321
Ivy League universities, 126–28
James, LeBron, 15–16
Japan, 16, 140, 198–99, 212–13, 219, 245, 246–47, 270, 291, 316, 330
Jensen, Michael, 43
job creation, xix
creative destruction and, 139
process of, 137–38
trade and, 283
job offer conundrum, 79
Jobs, Steve, 132

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Jobs, Steve, 132
Johnson, Simon, 44, 164–65, 305, 332–33
Jordan, Jerry, 73, 106
JPMorgan Chase, 211, 248
Kahneman, Daniel, 26
Kathmandu, cheap labor in, 17
Kennedy, John F., 29, 325
Kentucky Fried Chicken, 276, 279, 293
Kerrey, Bob, 197
Keynes, John Maynard, 141, 214, 216
Keynesian economics, 97
Kilama, Wen, 92
King, Stephen, 75
Korea, Democratic People’s Republic of (North Korea), 36, 83
Korea, Republic of (South Korea), 25, 266, 290, 291, 304
Kristof, Nicholas, 291–92, 295, 296
krona, Icelandic, 267–68
Krueger, Alan, 127
Krugman, Paul, 145, 222, 226, 245, 261, 279, 297, 300
Kuwait, 133–34
labor, cost of, 17, 25, 288, 296–97
labor force, 327–28
skilled, 309–11
women in, xvii, 51–52, 110–12, 137, 149
labor market, expansion of, see job creation labor unions, 148
Lada automobiles, 83–84
Laffer, Arthur, 99–100
Laffer curve, 99–100
Lahore, 303
Lamb, Wally, 155
land mines, 316
LaSalle Street, 165
Las Vegas, Nev., zero-sum games of, 165
Latin America, 148, 238–39, 324
law enforcement, 76–77
law firm job candidate problem, 110–12
lawyers, 73, 91, 134
layoffs, 103, 104, 213
Lehman Brothers, xxiii, 43–44, 171, 211, 246n, 247, 248, 331
leisure, 10, 205
Leonhardt, David, 116–17
leprosy, 203
leveraging, overleveraging, 210–13
Levin, Richard, 178
Lewis, Anthony, 329
liberals, 79–80
“libertarian paternalism,” 81–82
life expectancy, 316
in U.S., 4–5

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in U.S., 4–5
Limbaugh, Rush, 16
Limberg, 159
Lincoln, Abraham, 281, 291
liquidity, definition of, 178
literacy, 134, 306
Lo, Andrew, 175
loans:
banks and, 245
bundling (securitizing) of, 43–44
in financial crisis, 210, 212
international, 270
London:
air quality in, 298
traffic congestion in, 40
Lorenz curve, 218n
Los Angeles, Calif., teacher certification in, 189–90
Los Angeles Lakers, 15
Loury, Glenn, xx–xxi
Lucas, Robert, Jr., 203
Luddites, 193
“lump of labor” fallacy, 137
lump-sum taxes, 54–55
Lusardi, Annamaria, 27–28