2007-01-14 01:44:33 · 6 answers · asked by thismigs 3 in Social Science ➔ Economics
There's a huge debate within the economic field as to who is right and who's wrong. The two groups feuding are the Neo-Classical (AKA classical with "New" attached) and the Keynesian. Classical model (driven by suppliers and not buyers) failed and was ditched during the great depression. Keynes said the "buyers drive the market" but according to the neo-classical 'failed when the Keynesian model failed to account for stagflation" rising wages and unemployment simultaneously. You might also look at the effects of mixing and matching the different models might do to an economy. Our current market uses a mixture of Keynesian and Monetarist, which makes the pure classical nuts!
2007-01-16 12:30:26 · answer #1 · answered by Adam 4 · 0⤊ 0⤋
I would be interested in examining the extent of hidden inflation in consumer products for a specific country or area, eg the UK for a given period, say 10 years, or a comparative analysis over two or more decades. There are a lot of interesting side issues which would result from that.
2007-01-14 13:08:11 · answer #2 · answered by Cracker 4 · 0⤊ 0⤋
Sustainable Development
2007-01-14 12:20:17 · answer #3 · answered by sdog 3 · 0⤊ 0⤋
The detrimental effects of government imposed price controls (ie minimum wage, rent control, anti-price gouging laws, etc.)
2007-01-14 12:08:04 · answer #4 · answered by Time to Shrug, Atlas 6 · 0⤊ 0⤋
read freakonomics, its a bestseller and any one can enjoy it.
it had some cool things like economic structure of gangs and income vs baby names.
2007-01-14 23:25:44 · answer #5 · answered by nigel 3 · 0⤊ 0⤋
the damaging effect on the us economy of tax and spend liberal economics.
2007-01-14 09:47:57 · answer #6 · answered by koalatcomics 7 · 1⤊ 0⤋