Pigouvian Tax
A Pigouvian tax is a type of tax on economic activities that generate negative externalities, which are costs imposed on society as a whole that…
Economics
Notwithstanding Market Chaos, the European Central Bank Raises Rates and Offers Assistance if Necessary
In light of recent upheaval in the banking industry, the European Central Bank (ECB) on Thursday (March 16, 2023) announced a further rate increase of…
As Predicted, the Inflation Measure Rose by 0.4% in February and is Already Up 6% from a Year Earlier
Despite recent instability in the banking industry, inflation increased in February but remained in line with predictions, presumably keeping the Federal Reserve on track for…
The Chance of a Fed Hike is 50-50, and Regional Banks Might be the Strongest Indicator
The markets have once again changed their minds about what they believe the Federal Reserve will do in regards to interest rates next week. Further…
Financial Accelerator in Macroeconomics
The financial accelerator is a concept in macroeconomics that explains how financial markets and the availability of credit can amplify the effects of economic shocks.…
Causes of Sovereign Default
Sovereign default occurs when a country is unable to repay its debt obligations to its creditors, including both domestic and foreign lenders. Bondholders monitor a…
Consequences Sovereign Default
Sovereign default occurs when a government is unable or unwilling to meet its debt obligations, which means it is unable to repay the principal and…
High Risk of Harm for Those Transporting Products in the US Food Supply Chain
According to a recent study headed by Penn State, there is a significant danger of serious injury for workers who are responsible for moving items…
Salt may Play an Important Role in the Energy Transition
Salt can indeed play a key role in the energy transition, particularly in the storage and conversion of energy. One promising application of salt in…
Causes of Economic Collapse
An economic collapse is a severe and sudden decline in economic activity, which can result in high unemployment, a sharp drop in the value of…
Economic Collapse
An economic collapse refers to a sudden and significant decline in economic activity, often characterized by a sharp decrease in the availability of credit, a…
Currency Transaction Tax
A Currency Transaction Tax (CTT) is a tax on currency transactions that is levied on the buying and selling of currencies. It is a tax…
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