Macroeconomics
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The Multiplier Effect of Innovation Jobs | MIT Sloan Management Review

The Multiplier Effect of Innovation Jobs | MIT Sloan Management Review | Macroeconomics | Scoop.it
Because of a multiplier effect, each new high-tech
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Are we doomed?

Are we doomed? | Macroeconomics | Scoop.it
PAUL KRUGMAN is reading last rites to the neoclassical synthesis ("the notion that monetary and fiscal policy could be used to solve the problem of recessions and...
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This article is essentially using the two recessions that started in 1929 and 2007 to illustrate the effectiveness of monetary and fiscal policies. They show that, although the recession of 1929 was greater economic growth in the long term, the 2007 recession fared much better in the short term, with the longer term being a forecast of the future. This therefore indicates that economists are using policies more effectively to combat recessions, and that future recessions will be met with further improvements as our understanding of macroeconomic theory improves.

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UK confidence is booming as economic growth set to soar - Telegraph

UK confidence is booming as economic growth set to soar - Telegraph | Macroeconomics | Scoop.it
Confidence is booming among UK consumers and manufacturers despite evidence that darker clouds may be gathering.
Shreya Singhal's insight:

This article considers the impact of consumer confidence on the UK economy. Consumer confidence is one of the factors that effects consumer expenditure and the article suggests that the huge rise in confidence is due to increased house prices and energy prices, implementing the wealth effect. Despite increases in consumer confidence, there is still no sign of improvement with regards to investments and exports, indicating that economic recovery will still be tough.

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