Agora
Posts in Economy
The Parable of the Populists and the Contemplatives
Let us think of a factory that makes widgets that consumers like to buy. The management of the factory then sees an opportunity to buy a new piece of equipment, a machine, that can double widget production once it is operational.
Contributor: Bob Traa & Jens Bastian
Categories: Europe (289), Politics (407), Economy (341), Society (149)
The case for a general government balance sheet
Over the course of the past year we have drawn attention to the need for a general government balance sheet. One reason for this effort rests in the observation that today’s balance sheet of a government impacts future generations.
Contributor: Bob Traa & Jens Bastian
Categories: Europe (289), Economy (341), Greece (519)
Public sector capital stock in Greece and the Euro-19
Capital is a key input in the production function of a country’s economy. It makes another crucial factor, namely labor, more productive if such capital is efficient (quality) and sufficient (quantity).
Contributor: Bob Traa & Jens Bastian
Categories: Europe (289), Economy (341), Greece (519)
Podcast - The Greek economy: A macro view
The Greek economy is back in focus on this episode of The Agora as we take a peak at the 2022 budget and a closer look at broader trends and challenges.
Contributor: Agora Podcast
Categories: Europe (289), Politics (407), Economy (341), Greece (519)
Greek fiscal deficits and debt since 2000
Our concluding monthly Blog 12 in 2021 explores whether balanced budgets also means that the debt remains constant in nominal terms? The answer to this question is important because if budget balance could mean that debt still increases, then this alone is not enough to come to terms with Greece’s debt challenge.
Contributor: Bob Traa & Jens Bastian
Categories: Politics (407), Economy (341), Greece (519)