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Questions tagged [economics]

Economics is the analytical study of the costs and benefits of producing, distributing, and consuming goods and services. This tag should not be used for personal finance questions, nor for most questions about expensive items, e.g. exorbitantly priced houses, autos, jewelry. It can be used for current events, and in historical contexts.

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Do tax cuts stimulate an economy?

Every election cycle, I keep hearing that tax breaks stimulate the economy. Are there any well-known studies or scientifically-backed examples from history that shed light on whether or not this ...
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How much daylight does daylight-saving save? [duplicate]

Possible Duplicate: What are the scientifically established effects of Daylight Saving Time? If we did not have daylight-saving, then would the days still be longer in the summer? If not, then ...
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Can a society become unhappier with an increase in wealth?

People like to claim that less developed countries are happier, because they live the simple life and stronger family ties. We've all heard the saying: Money can't buy you happiness. Which is easy ...
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2answers
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Is there a gold stockpile at “Fort Knox”?

I heard an interesting conspiracy theory recently with the basic idea that there isn't a gold stockpile at "Fort Knox" (anymore or ever). With the level of security so great there and reportedly few ...
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3answers
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Do automobile manufacturers make parts wear out and break easily, just so they can make more money?

It is sometimes heard that automobile manufacturers design low-quality parts that wear out or break easily, so that they can make money on the repair or replacement of these parts. I believe this to ...
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1answer
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Are most properties in China vacant, despite record property price growth?

House prices in China have been growing really fast due to the amazing GDP growth of the country. I've been reading though that whilst there are so many buildings being built, it's mainly due to the ...
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1answer
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Are elections bad for the economy?

Since 2008, whenever the possibly of an election is brought up, the Conservative Party of Canada repeats the same point: elections are bad for the economy. For example, here's an excerpt of Jim ...
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0answers
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In the economic crisis of 2008, were some companies truly “too big to fail”?

During the first of the half of the current economic crisis, some companies began to collapse due to the subprime mortgage crisis or from the cascading economic damage that it entailed. A danger was ...
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3answers
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What are the scientifically established effects of Daylight Saving Time?

Since the US recently went on to DST, I thought it'd be appropriate to ask this: I've heard many claims made about DST, ranging from "It saves electricity" to "It balances out daylight hours" to "It ...
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Does offshoring ultimately help the offshoring-country's poor and middle classes?

Are claims about the positive economic effects of offshore outsourcing for the poor and middle class of the outsourcing country verifiable? The main argument for Offshore Outsourcing, is the common ...
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1answer
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Is there economic data to suggest whether or not trickle-down economics provides a net increase in standards of living?

One of the chief arguments for Reagan's fiscal policy of trickle-down economics was "money was all appropriated for the top in hopes that it would trickle down to the needy." Essentially that by ...
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2answers
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Will introduction of a minimum wage increase unemployment?

In economics, you commonly hear the clear that a minimum wage law will reduce employment. Is there empirical evidence that either supports or debunks that claim?
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Is global economic production sufficient to feed, clothe and educate everyone?

Is there enough food produced annually to provide a subsistence diet for the entire population of Earth? (Bonus points for data involving shelter, clothing or education.) This question was inspired ...
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Can we grow enough crops to feed all people on Earth?

Vegetarianism is heavily promoted. But let's say all people on Earth stop eating animal products. Can we grow enough crops so all people on the Earth are provided with enough healthy, nutritious food? ...