Our everyday economics includes social norms, tradeoffs, financial intermediaries, human capital, sovereign debt, externalities,labor markets, & gender gap.
Comparing debt to GDP is like looking at a mortgage loan and household net worth. It can help us decide when a sovereign debt became too large.
Our everyday economics includes externalities, branding, monopolistic competition, sovereign debt, game theory, elasticity, taxes, markets and the glass ceiling.
Our everyday economics includes property rights, sovereign debt, default,, externalities, regulation, Pigovian taxes, incentive, state taxes, and oligopoly.
An historical perspective and a look at what is owed, to whom and when provides insight about the culture and complexities of Greek sovereign debt.
Our Posts Roundup Sunday 3.22.15 The bundles that make life pleasant…more Monday 3.23.15 Where American cars are made…more Tuesday 3.24.15 What March Madness really represents…more Wednesday 3.25.15 Why Sunday shopping matters…more Thursday 3.26.15 Making ketchup that glides…more Friday 3.27.15 How…
Because he revised his country’s inaccurate deficit and received Eurostat approval, Greece’s chief statistician might be prosecuted for “breach of faith.”
Our everyday economics includes foreign exchange, human capital, economic growth, GDP, inflation, unemployment, monetary policy, tradeoffs and deleveraging.
With excessive sovereign debt and bailout problems, Greece may have to switch to a new drachma and endure financial turmoil at home and in the eurozone.