Economic Ideas

August 11, 2014
weekly economic roundup and pension income systems
Published by Elaine Schwartz at August 11, 2014
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Will You Get Your Social Security Benefits?

The 2014 Social Security Trustees Report says that after we deplete the remains of the program's trust funds in 2033, payroll taxes will not provide all promised benefits.

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August 4, 2014
The spread of refrigeration in China will create positive and negative externalities that relate to productivity, diet, health and the environment.
Published by Elaine Schwartz at August 4, 2014
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The Spillover from Refrigerators in China

The spread of refrigeration in China has positive and negative externalities that relate to household diets, greenhouse gases and transport and home waste.

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July 31, 2014
Violating the sanctity of contracts, Argentina has again defaulted on her sovereign debt and diminished her ability to borrow.
Published by Elaine Schwartz at July 31, 2014
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Argentina's (Long) Default History

With Argentina again defaulting on her sovereign debt, she is violating the sanctity of contracts and lessened her borrowing ability at home and globally.

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July 28, 2014
Calculating the GDP involves many decisions and using it can be controversial as in Greece.
Published by Elaine Schwartz at July 28, 2014
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Why the GDP is Much More Than a Number

Seemingly just a statistic, how we calculate the GDP and how it is used can be controversial and affect the lives of millions of people.

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