Economists
Essays

The Federal Reserve's 'Cross of Gold': The Great Depression and the existence of the gold standard

Romer, D. (2000). "Keynesian Macroeconomics without the LM Curve." The Journal of Economic Perspectives, Vol. 14, No. 2, pp. 149-169.

Fritzsche, D. (1987). "Marketing/business ethics: A review of empirical research." Business & Professional Ethics Journal, 6, 65-79.

Macroeconomic concept defines recession as a decline in the GDP during two successive quarters which is a short period of depression. NBER's definition of recession is a situation that is marked by a massive reduction…

Businesses engaged in the 'transfer process must be careful in application of Western benchmarking criteria relating to performance, therefore the soft budget constraints imposed on local firms and their resultant…

There are a number of factors facing home builders that affect the home building industry in unique ways that other industries do not have to concern themselves with. On the reverse side, however, the home building…

In layman's terms, a bank can be described as a financial organization whose primary task is to take in funds, i.e., in the form of deposits from those with money, pool them and then lend them to those who need it (making a loan). They basically act as payment agents. The bank's main source of income is from the interest it charges the borrowers on these loans. The bank also has to pay interest on the funds that its customers deposit. Banks pay depositors less than they receive from borrowers, and that difference accounts for the bulk of banks' income.

This article examines sports finance in relation to whether a community should institute a tax or levy on the general public to pay for bonds for a sports facility that would house a major league professional team. The evaluation begins with an analysis of the public funding and private funding as well as their advantages and disadvantages. This is followed by a position on whether imposing such a tax or levy to construct a sports facility is appropriate.

¶ … press on globalization and its economic impact has focused on the incredible growth of China, Japan and Korea, Taiwan's emergence as a world player almost more dramatic. Once an ostracized island confederation,…

The contemporaneous societies reveal an impending need for comparability and, in terms of economics, one such measure is offered by the inflation rates. This paper is organized onto four sections.