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Papers On Fiscal Policy
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Government and The Economy
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A 4 page research paper that discusses the effect of government policies on the American economy. The writer argues that while many aspects of Keynesian economic theory are still applicable today, examining the effects of the global marketplace shows that this picture is rapidly changing, which means that Keynesian policies and tactics no longer work quite like they used to in past decades, and this limits the effect of government policy on the economy. Bibliography lists 4 sources.
Filename: khgovep.rtf
Government Spending As A Percentage Of GDP
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An 8 page paper discussing the 1998 disappearance of the federal budget deficit and the possibility of linking government spending to growth of GDP. Linking government spending to GDP would result in total chaos within the government and in all of the programs on which it manages to spend so much. While it is true that government spending increases have trailed increases in tax revenues based on constant or lower tax rates, there is never a guarantee those revenue increases will continue. So far, economists have not been able to agree even on the reasons for the long period of economic growth, much less how to ensure its continuation. Bibliography lists 7 sources.
Filename: Govspend.wps
Government Tax Strategies
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This 7 page paper looks at a fictitious scenario concerning tax strategies for an unnamed state. Several options in terms of consumption taxes are explored. Bibliography lists 5 sources.
Filename: govTaxes.wps
Government’s Role in the Economy
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An 8 page paper discussing what government’s role should be in the national economy. The paper concludes that true laissez-faire is not workable, but neither is the heavy-handed regulatory environment in which business is able to operate with only part of its abilities put to use. The federal government walks a fine line between “enough” and “too much” government. It terms of the economy, it needs to err on the side of not doing enough, leaving the market to find its own level. Bibliography lists 4 sources.
Filename: KSeconGovtRole.rtf
Gross Domestic Product and the 2002 Economic Report of the President of the United States
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This 8 page report discusses the macroeconomic realities of the gross domestic product or GDP and the ways in which it serves as an important indicator of the health and well-being of a nation’s economy. Information from the President’s report is tied in with the most basic aspects of how and why the status of the GDP matters in the economy. Bibliography lists 3 sources.
Filename: BWmaceco.rtf
Henry Hazlitt's Arguments
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This 5 page paper discusses three of the concepts Hazlitt puts forth in his classic Economics in One Lesson: the Broken Window fallacy; Blessings of Destruction and Public Works Promotes Taxes. The Blessings of Destruction is an extension of the Broken Windows fallacy. Hazlitt's general theme is that people fail to look beyond the immediate effects of any economic policy. People tend to see only what is clearly visible to their own eyes; they need to extend their thinking. Each of these concepts are explained with examples. Bibliography lists 1 source.
Filename: PGhazlt.rtf
House Bill 672 in New Hampshire
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7 pages in length. The introduction of House Bill 672 in New Hampshire provides for
equal mental health insurance benefits compared to medical health
insurance benefits. This is an important step forward in solving
the problem of inequality in these health benefits, and is at
least partly due to nursing's unique contribution to the solution
of the problem. Bibliography lists 7 sources.
Filename: JGAhb672.wps
In Favor Of National Budget Equilibrium
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A 2 page paper briefly explaining why neither deficit nor surplus operation is desirable when applied to the federal budget. Deficit spending robs from the future; surplus operation fails to gain full advantage of all resources available. Equilibrium is optimum. Bibliography lists 6 sources.
Filename: Deffini.wps
International Political Economy
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A 6 page research paper that answers various questions pertaining to international political economy. Topics covered include whether or not economics constitutes the cause or cure of conflict and the effectiveness of the UN. Bibliography lists 10 sources.
Filename: khipeq.rtf
Japanese American Immigration
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A 3 page overview of the problems confronting Japanese who wished to immigrate to the U.S. in the late nineteenth and early twentieth century. This paper explores three specific articles located on the World Wide Web and discusses the validity of the authors of those papers to write on their chosen subject. The contention is presented that numerous prejudicial and discriminatory laws were passed laws were passed out of fear as to what impact the new arrivals would have on mainstream America. The author of this paper concludes that American immigration policy in the late nineteenth and early twentieth century was more than restrictive, it was blatantly discriminatory. Bibliography lists 3 sources.
Filename: PPjapImm.rtf
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