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Generational Accounting
Generational accounting is a method of measuring the fiscal burdens facing current and future generations. Generational accounting considers how much each adult generation, on a per person basis, is likely to pay in future taxes net of transfer payments, over the rest of their lives. Laurence Kotlikoff's individual and co-authored work on the relativity of fiscal language demonstrates that conventional fiscal measures, including the government's deficit, are not well defined from the perspective of economic theory. Instead, their measurement reflects economically arbitrary fiscal labeling conventions. "Economics labeling problem," as Kotlikoff calls it, has led to gross misreadings of the fiscal positions of different countries. This starts with the United States, which has a relatively small debt-to-GDP ratio, but is, arguably, in worse fiscal shape than any developed country. Kotlikoff's identification of economics labeling problem, beginning with his 1984 ''Deficit Delusion ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Laurence Kotlikoff
Laurence Jacob Kotlikoff (born January 30, 1951) is an American economist who has served as a professor of economics at Boston University since 1984.https://kotlikoff.net/wp-content/uploads/2024/02/Vita-2-21-24-Laurence-Kotlikoff.pdf A specialist in macroeconomics and public finance, he has contributed to a range of fields, including climate change and carbon taxation, the global macroeconomic transition and the future of economic power, inequality, fiscal progressivity, economic guides to personal financial behavior, banking reform, marginal taxation and labor supply, healthcare reform, and social security. He is the author of over 20 books, and his scholarly articles have been published in a range of journals, including the ''American Economic Review'', the ''Quarterly Journal of Economics'', and the ''Journal of Political Economy''. Born in 1951, Kotlikoff received a BA in economics from the University of Pennsylvania in 1973, and a PhD in economics from Harvard Unive ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Distribution (economics)
In economics, distribution is the way total output, income, or wealth is distributed among individuals or among the factors of production (such as labour, land, and capital). In general theory and in for example the U.S. National Income and Product Accounts, each unit of output corresponds to a unit of income. One use of national accounts is for classifying factor incomes and measuring their respective shares, as in national Income. But, where focus is on income of ''persons'' or ''households'', adjustments to the national accounts or other data sources are frequently used. Here, interest is often on the fraction of income going to the top (or bottom) ''x'' percent of households, the next ''x'' percent, and so forth (defined by equally spaced cut points, say quintiles), and on the factors that might affect them (globalization, tax policy, technology, etc.). History Distribution has been central in the study of political economy since the 19th century, as shown in scholarship ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Shoven
John B. Shoven (born May 24, 1947) is the former Trione Director of the Stanford Institute for Economic Policy Research, the Charles R. Schwab Professor of Economics at Stanford University, the Buzz and Barbara McCoy Senior Fellow at the Hoover Institution and a research associate of the National Bureau of Economic Research. He specializes in public finance and corporate finance and has published on social security, corporate and personal taxation, mutual funds, pension plans and applied general equilibrium economics. Shoven was born in 1947. Shoven has been at Stanford since 1973, serving as chairman of the economics department from 1986 to 1989, director of the Stanford Institute for Economic Policy Research (SIEPR) ormerly Center for Economic Policy Researchfrom 1989 to 1993 and 1999 to 2015, and dean of the School of Humanities and Sciences from 1993 to 1998. Shoven served as a consultant for the U.S. Treasury Department from 1975 to 1988. The author of more than one hund ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James M
James may refer to: People * James (given name) * James (surname) * James (musician), aka Faruq Mahfuz Anam James, (born 1964), Bollywood musician * James, brother of Jesus * King James (other), various kings named James * Prince James (other) * Saint James (other) Places Canada * James Bay, a large body of water * James, Ontario United Kingdom * James College, a college of the University of York United States * James, Georgia, an unincorporated community * James, Iowa, an unincorporated community * James City, North Carolina * James City County, Virginia ** James City (Virginia Company) ** James City Shire * James City, Pennsylvania * St. James City, Florida Film and television * ''James'' (2005 film), a Bollywood film * ''James'' (2008 film), an Irish short film * ''James'' (2022 film), an Indian Kannada-language film * "James", a television episode of ''Adventure Time'' Music * James (band), a band from Manchester ** ''James'', ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
What You Need To Know About America's Economic Future
What or WHAT may refer to: * What, an English interrogative word * "What?", one of the Five Ws used in journalism Film and television * ''What!'' (film), also known as ''The Whip and the Body'', a 1963 Italian film directed by Mario Bava * ''What?'' (film), a 1972 film directed by Roman Polanski * " What?!", a 2019 episode of the TV series ''Barry'' * "What", the name of the second baseman in Abbott and Costello's comedy routine " Who's on First?" * "What?", the catchphrase of professional wrestler Stone Cold Steve Austin Music * ''what.'', a comedy/music album by Bo Burnham, 2013 * What Records, a UK record label specializing in punk and indie music * What? Records, a US record label Songs * "What" (song), by Melinda Marx, 1965 * "What?" (Rob Zombie song), 2009 * "What?" (SB19 song), 2021 * "What?", by 666 from ''The Soft Boys'' * "What", by Bassnectar from ''Vava Voom'' * "What?", by Corrosion of Conformity from ''Eye for an Eye'' * "What?", by the Move from ''Looking ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scott Burns (newspaper Columnist)
Scott Burns is an American newspaper columnist and author who has covered personal finance and investments for over 30 years. He is known for creating the "Couch Potato Portfolio" investment strategy, which advocates the use of index funds over managed funds or stock-picking. In 2006, he co-founded the Web startup AssetBuilder, where he is chief investment strategist. Biography Education Burns graduated from the Massachusetts Institute of Technology with a degree in humanities and biology (1962). Career Burns began his career as a newspaper columnist at the ''Boston Herald'' in 1977 where he was also the financial editor. The column was nationally syndicated in 1981 and is now distributed by Universal Press Syndicate. In 1985 he joined the staff of The ''Dallas Morning News'' where his column became one of the most widely read features in the paper. Retiring as a ''Dallas Morning News'' staff member in 2006, he continued to contribute to the paper through his ongoing syndication. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Bank
The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In its early years, it primarily focused on rebuilding Europe. Over time, it focused on providing loans to developing world countries. In the 1970s, the World Bank re-conceptualized its mission of facilitating development as being oriented around poverty reduction. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Generational Accounting
Generational accounting is a method of measuring the fiscal burdens facing current and future generations. Generational accounting considers how much each adult generation, on a per person basis, is likely to pay in future taxes net of transfer payments, over the rest of their lives. Laurence Kotlikoff's individual and co-authored work on the relativity of fiscal language demonstrates that conventional fiscal measures, including the government's deficit, are not well defined from the perspective of economic theory. Instead, their measurement reflects economically arbitrary fiscal labeling conventions. "Economics labeling problem," as Kotlikoff calls it, has led to gross misreadings of the fiscal positions of different countries. This starts with the United States, which has a relatively small debt-to-GDP ratio, but is, arguably, in worse fiscal shape than any developed country. Kotlikoff's identification of economics labeling problem, beginning with his 1984 ''Deficit Delusion ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Willem Buiter
Willem Hendrik Buiter CBE (born 26 September 1949) is an American-British economist. He spent most of his career as an academic, teaching at various universities. More recently, he was the Chief Economist at Citigroup. Early life and education Buiter was born in The Hague, Netherlands on 26 September 1949. He is a national of the United States and the United Kingdom. Willem's father, Harm Buiter, was a Dutch economist, international trades union official and politician of the Labour Party (PvdA), who had served as Mayor of Groningen. Buiter went to the European School in Brussels, Belgium from 1962 to 1967, where he obtained his European Baccalaureate. After studying Political and Social Science for one year at the University of Amsterdam from 1967 to 1968, Buiter went to Emmanuel College, Cambridge, to study Economics and received his B.A. with First-Class Honours in 1971. He was awarded his M.A. in Economics in 1972 and his M.Phil. in Economics in 1973, his fields of co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peter A
Peter may refer to: People * List of people named Peter, a list of people and fictional characters with the given name * Peter (given name) ** Saint Peter (died 60s), apostle of Jesus, leader of the early Christian Church * Peter (surname), a surname (including a list of people with the name) Culture * Peter (actor) (born 1952), stage name Shinnosuke Ikehata, a Japanese dancer and actor * ''Peter'' (1934 film), a film directed by Henry Koster * ''Peter'' (2021 film), a Marathi language film * "Peter" (''Fringe'' episode), an episode of the television series ''Fringe'' * ''Peter'' (novel), a 1908 book by Francis Hopkinson Smith * "Peter" (short story), an 1892 short story by Willa Cather * ''Peter'' (album), a 1972 album by Peter Yarrow * ''Peter'', a 1993 EP by Canadian band Eric's Trip * "Peter", 2024 song by Taylor Swift from '' The Tortured Poets Department: The Anthology'' Animals * Peter (Lord's cat), cat at Lord's Cricket Ground in London * Peter (chief mouser), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
A Dictionary Of Economics
A, or a, is the first letter and the first vowel letter of the Latin alphabet, used in the modern English alphabet, and others worldwide. Its name in English is '' a'' (pronounced ), plural ''aes''. It is similar in shape to the Ancient Greek letter alpha, from which it derives. The uppercase version consists of the two slanting sides of a triangle, crossed in the middle by a horizontal bar. The lowercase version is often written in one of two forms: the double-storey and single-storey . The latter is commonly used in handwriting and fonts based on it, especially fonts intended to be read by children, and is also found in italic type. In English, '' a'' is the indefinite article, with the alternative form ''an''. Name In English, the name of the letter is the ''long A'' sound, pronounced . Its name in most other languages matches the letter's pronunciation in open syllables. History The earliest known ancestor of A is ''aleph''—the first letter of the Phoenician ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Laurence J
Laurence is in modern use as an English masculine and a French feminine given name. The modern English masculine name is a variant of Lawrence and originates from a French form of the Latin ''Laurentius'', a name meaning "man from Laurentum". The French feminine name Laurence is derived from the same source and is used in French-speaking countries as a form of the masculine '' Laurent''. The name was used in the Middle Ages for both males and females in honor of Saint Laurence, one of the seven deacons of Rome. In England, it was also given in reference to Saint Laurence of Canterbury. In other languages: Lorenzo (Italian, Spanish), Lorenz (German). In Ireland, Laurence has traditionally been used as an Anglicization of the Irish masculine name Lorcan or Lorcán. Usage Laurence, used as a spelling variant of the more popular Lawrence, was in regular use for boys in the Anglosphere since the medieval era. It was most popular for boys in English-speaking countries during t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
