Naked Economics: Undressing the Dismal Science pdfdrive com
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Naked Economics Undressing the Dismal Science ( PDFDrive )
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- 1986 reform of, 52
1987 crash of, 226
1987 crash of, 226 see also Wall Street stock options, 42–43 stocks, 156 “hot,” 168 Stolichnaya vodka, 266 stress, 207 “strict rationality,” 25 striped bass, aggregate vs. individual quotas on, 93 strip malls, 329–30 submarines, homemade, 21–22 subprime mortgages, 210 subsidies, xxii, 183–88 examples of, 183–88 market affected by, 188 success, university education and, 126–28 Sunstein, Cass, 81 “superstar” phenomenon, 15 supply and demand, 228, 230 currencies and, 251, 259 price and, 18, 133 see also demand supply-side economics, 99–103 Supreme Court of India, 91 SUVs, 23, 57–58, 63 Swarthmore College, 127 sweatshops, Asian, 24–25, 292, 295, 296–97 Sweden, 51, 218, 327 Swedish Academy of Sciences, 110, 133–17 Switzerland, 140, 205, 316 symphony orchestras, “blind” auditions for, xxii–xxiii “systemic risk,” 331 Taiwan, 25, 146, 291, 304 talent, wealth and, 15, 132–34 tariffs, 16, 188, 268 taxes, xxii, 144, 309, 315, 332 capital gains, 99, 241 carbon, 299 on cigarettes, 62 cuts in, 99–103, 106, 214 “deadweight loss” and, 54, 97–98, 106 economy affected by, 97–103 on externalities, 62–65 on gasoline, 53, 54, 63–65 “green,” 53, 328 as incentive to reduce the taxed activity, 51–54 inflation and, 241 on junk food, 60 on junk food, 60 lump-sum, 54–55 “marriage,” 51 1986 reform of, 52 payroll, 65, 222–23 “poll,” 55 progressive, 54, 285 regressive, 54, 288 “sin,” 53 squandering of money raised by, 90 as tool in government’s fiscal policy, 213–14, 219 trade barriers as, 288–89 teacher certification, 188–90 teachers’ pay, 37–38 technological change, 48–49, 151, 193, 228, 283–84 technology, xx, 115, 116, 141, 147, 148, 213, 280, 310, 320 technology stocks, 154, 208 “tech wreck,” 213 teenage smokers, 12 telegraph, workers displaced by, 192 telephone costs, long-distance, 20 television sets, decline in real cost of, 4 terrorism, insurance against, 161 Texas, 89 textile industry, 50, 142, 193, 290–91 texting, 60 Thailand, 266, 295 Thaler, Richard, xxv, 25–26, 81, 174, 175 Thatcher, Margaret, 55 Three Dog Bakery, 6 tobacco industry, 12, 62, 192 Topel, Robert, 136–37 tours and safaris, 32–33 “toxic assets,” 44, 180 tradable goods, 255–56 trade, xix–xx, 8, 50, 183, 277–301 balance of, 221 as beneficial for poor countries, 289–92 benefits of, 279–95 costs lowered by, 288–89 growth of, 279–80 importance of, 277–78 long-term vs. short-term effects of, 148, 283–87 losers created by, 283–84 openness to, 313–15 protectionism and tariffs and, 16, 188, 286–87, 313–14 special interest groups and, 192–94 special interest groups and, 192–94 U.S. as leader in, 279–80 voluntary basis of, 293–95 wealth created by, 281–83 see also globalization trade-offs: competition and, 51 environmental issues and, 63, 91 taxes and, 52 ubiquity of, 10–12 transition costs, 283 Trans-Pacific Partnership (TPP), xx, 183, 286 Transportation Department, U.S., 196 Treasury, U.S., 100, 211, 231 treasury bonds, U.S., 176, 200, 219, 231–32, 259, 273 treasury notes, U.S., 246n Trenton, N.J., drug dealers in, 129 Tribune Tower, 61 trophy hunters, 34 tropics, 311 Troubled Asset Relief Program (TARP), 246 Trump, Donald, xviii, 117, 220n, 221, 286, 287 in election of 2016, xx, 50, 183, 186, 193, 280, 284 Trump administration, 101–2, 122 trust, branding and, 124–25 tsetse fly, 312 Tulane University, 127 Turkey, 266 Twain, Mark, 284 Uganda, 33, 157 underground economy, 52, 95 Download 1.74 Mb. Do'stlaringiz bilan baham: |
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