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Hace 2 días · Clear communication of the Federal Open Market Committee’s (FOMC’s) views on the economic outlook and the likely evolution of policy is essential in managing the market’s expectations. The essence of Fischer’s remark is that the FOMC should “avoid unintended surprises in the conduct of policy.”.
Hace 1 día · Neoliberalism began accelerating in importance with the establishment of the Mont Pelerin Society in 1947, whose founding members included Friedrich Hayek, Milton Friedman, Karl Popper, George Stigler and Ludwig von Mises.
Hace 1 día · Weblog colectivo dedicado a la economía, las finanzas y el mundo de la empresa, sin olvidar la economía doméstica.
Hace 2 días · Our research investigates one commonly mentioned reason—occupational licensing, specifically among certified public accountants (CPAs). We studied the 150-hour rule for CPA licensure, which ...
Hace 3 días · Since George J. Stigler’s seminal work on the e conomics of i nformation, economists have known that sellers can derive market power from the fact that consumers need to engage in a costly search to discover how different sellers price similar products.However, digital tools, such as smartphone applications, have reduced the costs of aggregating and diffusing information.
Hace 4 días · Capitalism is based on the accumulation of capital, whereby financial capital is invested in order to make a profit and then reinvested into further production in a continuous process of accumulation. In Marxian economic theory, this dynamic is called the law of value.
Hace 5 días · Grandes empresas, por sua vez, capturam o estado, usando regulações para minar a competição e perpetuar seu poder, um fenômeno que vemos refletido no pensamento de George Stigler. Last but not least, está a perda dos valores fundamentais que moldaram a civilização ocidental.
