Growth boosters confuse aggregate growth with reallocation

Daly, Herman
October 2012
CCPA Monitor;Oct2012, Vol. 19 Issue 5, p34
The article presents information on several elements that confuses economist about the economic growth boosters policies. It is stated that a more subtle confusion comes from looking at the past totals than present margins. According to the author, one of the thing that both the Democrats and Republicans agree on in the U.S. presidential campaign is that the economic growth is the one goal and the basic solution to all problems.


Related Articles

  • Economic Theory and the Practice of Restructuring (Economists Respond to Questions from Kommunist).  // Problems of Economics;Oct87, Vol. 30 Issue 6, p34 

    Presents views of two Soviet economists on the development of economics under the conditions of restructuring in the Soviet Union. Application of the system of economic indexes in economic science measurements; Problems in the measurement of national income; Dogmas and confusion related to...

  • The specious myth of Perry's Texas miracle. KRUGMAN, Paul // Indianapolis Business Journal;8/22/2011 Supplement, p15B 

    The article offers information on the candidacy of Texas Governor Rick Perry for presidential race which involves faith in miracles. It mentions that the campaign of Perry will focus on the alleged economic miracle in Texas and will claim the restoration of U.S. By applying the same policies at...

  • Brazil Might Enjoy European Living Standard If It Had Kept Growing as in the 60s and 70s. Weisbrot, Mark // Brazzil;Aug2010, p1 

    The article reports that the biggest economic issue facing Brazil is related to its economic growth. As stated, the most basic measure that economists have of economic progress in Brazil was by 123 percent and from 1980 to 2000, the economy grew by less than 4 percent. It states that the...

  • FÄ°NANSAL LÄ°BERALÄ°ZASYON VE EKONOMÄ°K BÃœYÃœME: BÄ°R LÄ°TERATÃœR ÇALIÅžMASI. BAŞ DİNAR, Gülenay // International Journal of Economic & Social Research;2012 Special Issue, Vol. 8, p109 

    In this study, the findings of the empirical and analytical studies that are made regarding the relationship between financial liberalization and economic growth will be summarized and in this context, validity and direction of this relationship will be evalutated. In this context, this study...

  • Does corruption grease or sand the wheels of growth? Méon, Pierre-Guillaume; Sekkat, Khalid // Public Choice;Jan2005, Vol. 122 Issue 1/2, p69 

    The article discusses whether corruption greases or sands the wheels of growth. At first sight the question seems ironic and even provocative. It is, however, still controversial among economists. Common wisdom views corruption as an impediment to development and growth. This view was recently...

  • Part II: Economic Policy Alternatives. Ha-Joon Chang; Grabel, Ilene // Reclaiming Development: An Alternative Economic Policy Manual;2004, p53 

    The article introduces a series of articles about economic policy that is aimed for policymakers in developing countries, for those working in nongovernmental and multilateral organizations and for students of development policy. It discusses a variety of policies that are economically desirable...

  • Economists and the analysis of government failure: fallacies in the Chicago and Virginia interpretations of Cambridge welfare economics. Backhouse, Roger E.; Medema, Steven G. // Cambridge Journal of Economics;Jul2012, Vol. 36 Issue 4, p981 

    The theory of government failure was developed as a reaction against Pigovian welfare economics and the Cambridge approach to economic policy analysis generally, which ostensibly lacked a theory of governmental behaviour. We argue that the Cambridge tradition—as reflected in the writings...

  • He Sees Prosperous Path For The World's Poor. DAVID FREDDOSO // Investors Business Daily;3/5/2015, pA03 

    The article offers information on economist Hernando de Soto. It states that in early times countries used to approach de Soto to get help for the improvement of their economies. It mentions that de Soto emphasized more on the property rights of the poor poeple in the world in his economic policies.

  • The Quest Continues. Pritchett, Lant // Finance & Development;Mar2006, Vol. 43 Issue 1, p18 

    The article discusses the level of knowledge that economists have on the modern growth theory. The theory was conceived from the Harrod-Domar model in 1956. Growth research was analyzed in three parts, namely growth theory, empirical growth research and the way forward. The theory can be applied...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics