ECO ALLAH JURIO’s Post

Public Economics: The Foundation of a Fairer, More Efficient Society 🌍 Public economics isn't just about numbers; it’s about creating policies that shape the way we live, work, and grow as a community. Whether it’s about funding public infrastructure 🚉, managing healthcare costs 💉, or building social safety nets 🛡️, public economics lies at the heart of critical decisions impacting millions. 🔍 What is Public Economics? Public economics focuses on the role of government in the economy and provides tools to: Analyze how governments collect and spend public funds 💸. Design effective tax systems 💰 that balance fairness and efficiency. Improve access to essential services 🏥, like education and healthcare, through well-structured policies. 🌱 Why It Matters Through understanding public economics, we gain insights into: Reducing Income Inequality ⚖️: Thoughtful tax policies and social programs can help narrow the wealth gap, fostering a more equitable society. Encouraging Economic Stability 📉: Policies that stimulate demand during recessions and manage inflation help stabilize the economy. Sustainable Growth 🔋: Public investments in infrastructure, education, and innovation pave the way for long-term economic progress. 📊 The Role of Research Public economists use data-driven research and econometric models to study how policies affect different segments of society. Their work helps policymakers make informed decisions that impact us all. 💡 Call to Action Let's continue to discuss and research the impact of public economics on our everyday lives! Whether you’re an economist, policymaker, or simply passionate about creating positive change, your voice matters in shaping a fair and efficient society. #PublicEconomics #PolicyImpact #EconomicsForGood #EconomicStability #SocialEquity #SustainableGrowth Bank of America Deutsche Bank Investment Bank

💼 Insights for an Economics A-level Student on the Recent General Election 📈 As an Economics A-level student, analyzing the recent general election will unveil significant economic implications. Here are my top three takeaways: 1. Economic Stability and Political Expectations The expectation that Labour would come into power has contributed to economic stability, particularly evident in the exchange markets. This underscores how political stability influences economic performance, a crucial point for essays on macroeconomics. ➡️ Key Insight: Political expectations can impact market confidence and economic outcomes. 2. Market-Based Supply Side Policies Rachael Reeves has outlined plans to boost housing construction by deregulating restrictive areas. This market-based approach to supply-side policies aims to reduce government intervention, fostering a more competitive housing market. ➡️ Key Insight: Deregulation can stimulate private sector investment and innovation in housing infrastructure. 3. Fiscal Policy and Business Implications Labour has committed to maintaining strict spending rules and avoiding tax increases. This stance supports a contractionary fiscal policy, potentially influencing consumer spending and business investment decisions. ➡️ Key Insight: Stable fiscal policy enhances business confidence and economic predictability. Considering these economic dynamics deepens my understanding of macroeconomic principles and their practical applications. Excited to explore these themes further in my Economics studies! #Economics #Alevel #GeneralElection #EconomicStability #SupplySideEconomics #FiscalPolicy #UKPolitics

One reason I love tutoring Politics and Economics A-Level: Dynamism 📚✨ Bank of England announced last week a cut in interest rates—the first in over four years! 📉 This is particularly fascinating to me as someone who continues to study economics, as it signals a shift into a new monetary landscape. The days of 0.1% interest rates are behind us. Before the financial crisis, interest rates ranged between 3.5% and 5.75%. The BoE's decision on the appropriate longer-term rate of interest is intriguing, especially given the challenges of higher debts and the UK's infamously low productivity levels. It seems likely that the interest rates of the pre-financial crisis era will remain higher than what our future might hold. 🤔 As much as I enjoy contemplating these changes, my thoughts quickly shift to the needs of my students. How does this interest rate cut impact their essays? What do they need to grasp about this development? Economic news and shocks happen all the time, often pushing the boundaries of what is covered in most textbooks. This constant evolution is what makes tutoring Politics and Economics so dynamic and rewarding. It keeps both my students and me on our toes, always learning and adapting. 🚀🌍 #AlevelEconomics #Tutoring #StudentSuccess #Learning #UKEconomy #EconomicNews

A paradigm-shift in how economics is taught and how economists simplify the complexities of the world is urgently needed! Check out my piece in Nonprofit Quarterly on building a movement to change economics education for #climatejustice, #planetaryhealth, and #socialjusticeforall. https://lnkd.in/g-CQ_fJc

There have been several posts related to Milton Friedman and market economics of late. I recently read Free to Choose: A Personal Statement by Milton and Rose Friedman (1979). Some take-aways that spoke to me: ·       This book continues Milton Friedman’s exploration of the nexus between market economics (capitalism) and individual liberties (Capitalism & Freedom, being his prior work). ·       The Founding of the United States of America as a nation based on liberty coinciding with the publication of Adam Smiths’ The Wealth of Nations, was a fortuitous moment in history. ·       Inflation is ALWAYS a monetary phenomenon. ·       The Friedmans recognized and labeled the “anti-growth” movement right away in the rise of the regulatory agencies to address various externalities. ·       The growth of public education, especially with state and federal government involvement, as well as unionized teachers, removed from parents control over the education of their children. ·       Parents know what is best for their children academically and otherwise. There may be some bad parents, but the Friedmans never once insinuate that parents in general are not capable of overseeing and making decisions regarding their children’s education. ·       The Friedmans’ school voucher idea, implemented in many areas of the country today, is discussed in detail in this book and is the way to return to parents control over their children’s education. ·       The meaning of equality was beginning to change. ·       Among the US constitutional amendments the Friedmans proposed is one that would cap the federal budget, likely tied to a percent of GDP. The Friedmans close as follows: “The two ideas of human freedom and economic freedom working together came to their greatest fruition in the United States.  Those two ideas are still very much with us. We are all of us imbued with them. They are part of the very fabric of our being. But we have been straying from them. We have been forgetting the basic truth that the greatest threat to human freedom is the concentration of power, whether in the hands of government or anyone else.  We have persuaded ourselves that it is safe to grant power, provided it is for good purposes. Fortunately, we are waking up. We are again recognizing the dangers of an overgoverned society, coming to understand that good objectives can be perverted by bad means, that reliance on the freedom of people to control their own lives in accordance with their own values is the surest way to achieve the full potential of a free society. Fortunately, also, we are as a people still free to choose which way we should go—whether to continue along the road to ever bigger government, or to call a halt and change direction.”

October is National Economics Education Month (NEEM)! 📊 Financial literacy is essential for addressing wealth inequality, as it helps individuals make informed investment decisions. Alarmingly, many educated Americans still struggle with basic concepts like inflation and risk diversification. Let's prioritize financial education to empower future generations! #NEEM #FinancialLiteracy #EconomicsEducation

We know that when teachers feel supported, their students succeed. Economic and financial literacy is the gateway to opportunity and mobility, and you have the power to make that happen for your students right in your very own classroom! CCEE's programs are designed to meet you where you're at, so you can feel confident in teaching engaging and relevant economics and personal finance. Visit us at ccee.org to discover the different programs CCEE offers you! #economics #economiceducation #economicliteracy #personalfinance #financialliteracy

Business leaders, educators, policymakers, and government officials, you do not want to miss this event. Washington Council for Economic Education is hosting an Economics Symposium on Tuesday, August 20th at Western Washington University. We'll be exploring the impact of economics on Washington's economy and the need for K-12 personal finance education. Share the details with your networks, then register today to help shape our state’s economic future! #financialliteracy #economicseducation #futureinnovators

Meet Desmond Anuku, our inspiring scholarship ambassador! Desmond, a second-year student at Carleton University, is studying Economics and Financial Accounting. Want to know more about our scholarships? Check out this quick FAQ video with Desmond! #StateOfKindness #ScholarshipFAQ #DesmondAnuku #EducationForAll

New progressive economics is gaining traction in the United States, but it is not so much a traditional economic theory as it is a political economy for a new era, deeply intertwined with political agendas. #NewProgressiveEconomics #Bidenomics #politicaleconomy #economicreform #progressivepolicy #onequality #taxreform #TrickleDownTheory #economicstimulus #inflation #capitalism #governmentintervention #publicpolicy #DemocraticParty #RepublicanParty #JoeBiden #DonaldTrump #KamalaHarris #Biden #Trump #Harris #presidentalelection https://lnkd.in/gnp9UExr