Economy

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Economy is a word used to described the market, as measured by imports and exports and overall productivity of a population, within a specific geo-political region.


Economics

Austrian School

The Austrian "School of Economics" (sometimes also referred to as Hayekians in honor of a champion of this school of thought Friedrich Hayek) holds that the complexity of subjective human choices makes mathematical modelling of the evolving market extremely difficult (or undecidable) and advocate a laissez faire approach to the economy. Austrian School economists advocate the strict enforcement of voluntary contractual agreements between economic agents, and hold that commercial transactions should be subject to the smallest possible imposition of forces they consider to be coercive (in particular the smallest possible amount of government intervention).

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Keynesian

Keynesian economics (named after a champion of this school of thought John Maynard Keynes) argues that private sector decisions sometimes lead to inefficient macroeconomic outcomes and therefore advocates active policy responses by the public sector, including monetary policy actions by the central bank and fiscal policy actions by the government to stabilize output over the business cycle

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Poverty

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Tools

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Resources

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  • SunshineList: https://www.sunshinelist.ca (Ontario's list of those making 6 figures or more through public sector sources of funding - Government, Healthcare, Non-Profits, Not-For-Profits, Crown Corporations, etc)

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Tutorials


External Links

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References

  1. wikipedia:Austrian economics
  2. What is Austrian Economics?: http://mises.org/etexts/austrian.asp
  3. wikipedia:Keynesian economists
  4. wikipedia:New Keynesian economics
  5. What is Keynesian Economics?: http://www.wisegeek.com/what-is-keynesian-economics.htm
  6. Global poverty in an unequal world - Who is considered poor in a rich country? And what does this mean for our understanding of global poverty?: https://ourworldindata.org/higher-poverty-global-line
  7. PHP Mortgage Calculator Canada: http://stackoverflow.com/questions/10747498/php-mortgage-calculator-canada
  8. PHP (basic) Mortgage Calculator: http://www.loansanddebts.com/mortgage_calculator.php
  9. Mortgage Calculator - Full PHP script: http://www.hotscripts.com/category/scripts/php/scripts-programs/calculators/
  10. America's National Debt today: https://www.pgpf.org/national-debt-clock
  11. The $10+ Trillion 2020 Economic Stimulus by the Federal Reserve (INFOGRAPHIC): https://demonocracy.info/infographics/usa/us_stimulus_package_10_trillion_2020/us_stimulus_package_10_trillion.html
  12. wikipedia: Organisation for Economic Co-operation and Development
  13. Canada Savings Bonds - Just Not Worth It?: http://moneygrubbinglawyer.com/2008/10/20/canada-savings-bonds-just-not-worth-it/
  14. Canada Savings Bonds and Canada Premium Bonds Redemption Value Tables: http://www.csb.gc.ca/canada-savings-bonds-canada-premium-bonds/
  15. Canada Savings Bonds Rates: http://www.csb.gc.ca/canada-savings-bonds-program/rates/
  16. How Much Does Raising A Child Cost?: http://canadianfinanceblog.com/how-much-does-raising-a-child-cost/
  17. Cheaper by the dozen: http://www.moneysense.ca/wp-content/uploads/2011/08/Cheaper-by-the-dozen.jpg
  18. Financial Literacy Month: New Brunswickers encouraged to have “the money talk”: https://www2.gnb.ca/content/gnb/en/news/news_release.2020.10.0560.html
  19. Province of NB - Unaudited list of payments to medical practitioners: https://www2.gnb.ca/content/dam/gnb/Departments/tb-ct/pdf/OC/upmpl-lnvpm.pdf
  20. Is Canadian Housing In A Bubble?: http://canadianfinanceblog.com/is-canadian-housing-in-a-bubble/
  21. The superficial appeal of the 'population growth drives Canadian house price' argument: Does it hold water?: http://www.theeconomicanalyst.com/content/superficial-appeal-population-growth-drives-canadian-house-price-argument-does-it-hold-water
  22. Vancouver housing in full correction mode - Implications for Canadian banksA: http://www.theeconomicanalyst.com/content/vancouver-housing-full-correction-mode-implications-canadian-banks
  23. Nonfinancial Corporate Business; Inventories Excluding IVA, Current Cost Basis, Level: https://fred.stlouisfed.org/series/IABSNNCB
  24. Nonfinancial Corporate Business; Debt as a Percentage of the Market Value of Corporate Equities, Level: https://fred.stlouisfed.org/series/NCBCMDPMVCE
  25. The Great Resignation: https://www.investopedia.com/the-great-resignation-5199074
  26. Canadian Real Estate Association (CREA) - Home sales drop in April as mortgage rates shoot highe: https://creastats.crea.ca/en-CA/ (National Statisticsr)
  27. Canada New Housing Price Index YoY -- May 2022 Data - 1982-2021 historical: https://tradingeconomics.com/canada/house-price-index-yoy

See Also

Business | Finance