Introduction to fiscal policy

Note: This is post #124 in a weekly video series on basic economics. What is fiscal policy? As economist Tyler Cowen explains, it’s a government’s policies on taxes, spending, and borrowing. Continue Reading...

When the Federal Reserve does too much

Note: This is post #123 in a weekly video series on basic economics. “If you think through all of the variables that shape a country’s economy, it’s no wonder that monetary policy is difficult,” says economist Alex Tabarrok. Continue Reading...

An introduction to fiscal policy

Note: This is post #124 in a weekly video series on basic economics. What is fiscal policy? As economist Tyler Cowen explains, the simple answer is that it’s a government’s policies on taxes, spending, and borrowing. Continue Reading...

Monetary policy: The best case scenario

Note: This is post #122 in a weekly video series on basic economics. Imagine that you’re the Fed and monetary policy is your domain, says Alex Tabarrok. The economy has been doing fine: inflation isn’t too high, GDP is growing at a reasonable rate. Continue Reading...

When the Fed does too much

Note: This is post #122 in a weekly video series on basic economics. If you think through all of the variables that shape a country’s economy, it’s no wonder that monetary policy is difficult, says economist Alex Tabarrok. Continue Reading...

What is the money multiplier?

Note: This is post #118 in a weekly video series on basic economics. What happens when you deposit money in a bank? Because of government requirements, the bank must keep some but it allowed to lend out the rest. Continue Reading...