Home Page Icon
Home Page
Table of Contents for
Cover Page
Close
Cover Page
by Ron Scherer, Joel Naroff
Big Picture Economics: How to Navigate the New Global Economy
Cover Page
Title Page
Copyright
Dedication
Contents
Preface
Acknowledgments
Chapter 1: Introduction to the Economics of Context
Adapting to the Economy—View from the Cab of a Truck
The Service Sector—The Enchilada Stops Here
The Cash Register Stops Singing
Celebrate for 15 Minutes
What Does Economics Teach Us about Context?
Economic Theory and Fiscal and Monetary Policy
Notes
Chapter 2: The Federal Reserve, Congress, and the Use of Context in Economic Policy *
Public Policy Spreads a Wide Ripple
The View from the Hill
Why the Economic Forecast Matters
Economic Assumptions Matter: The Rosy Scenario
Does One Policy Fit All?
A Bank Loaded with Economists
The Importance of the Beige Book
From Beige to Blue and Green
Fed Policy
From Bubbles to Fed Meetings
The Fed Goofs
Notes
Chapter 3: We Are All Economists and Don't Know It
Context Tells Us What We Can Afford
Frugal in Arizona
The Economy Gets Worse
Public Officials as Economic Forecasters
A Mayor as Economist
Tampa's Faulty Economic Model
Changing the Economic DNA
How an Educator Put on an Economist's Hat
A Fiscal Grand Canyon
Crow Solutions
The Business Owner as Economist
Greg Parker: From Fast Food to Economics
Convenience Store Economics
Things Are Bad, So Expand
Notes
Chapter 4: How a Perfect World Would Work
How We Got Here
Building the U.S. Economy: A Journey through Time
Money Makes the World Go 'Round
Money Is Not Enough (Don't We Know That!)
The Banking System Made Simple
Big Brother Is Watching Over Us
The World Is Our Oyster and We Are Its
Chapter 5: Shopper Nation: Why We Buy or Don't Buy
What Causes the Itch to Spend?
Seniors Get the Jobs but the Pay Leaves Many Cold
“Charg-It”
Why Debt Is Good—or Bad
The Rich Worry, Too
Economic Theory of Wealth
Feeling Good? Buy a Car
Notes
Chapter 6: How Is a Can of Tuna Like a Smartphone? Yes, Context!
A Company Decides to Build Chips
The Urge to Merge Depends on Context
The Corporate Tax Conundrum
Corporations Are People, Too, and They React Accordingly
To Regulate or Not Regulate, That Is the Question!
Notes
Chapter 7: When to Spend, When to Cut, and When to Scratch Your Head Over the Federal Budget
Impact of Health Care on the Budget
Doubts from a Doctor
What If Lower Health Care Spending Continues?
How the Budget Interacts with the Economy
It's Not the Deficit but the Interest That Matters
Notes
Chapter 8: Tax Policy: Does Cutting Taxes Cure All Ills?
There Is No Such Thing as a Free Tax Cut
How Much Do Americans Make and What Are They Taxed?
While the Distribution of Income Is Good or Inevitable, It Still Matters When It Comes to Tax Policy
Is the Answer to Every Economy Ill to Cut Corporate Taxes?
Notes
Chapter 9: Monetary Policy: Money, or Maybe the Federal Reserve, Makes the World Go 'Round
How Monetary Policy Works
Problems Facing the Fed
Meltdown of the U.S. Financial System
The Correct Way to Evaluate the Policies
Notes
Chapter 10: The Panama Canal Widens and the Middle Class Grows in China—How Does That Affect Indiana?
Ports Get Ready for Change
The View from the West Coast
Trade beyond the Canal
History: The Moat around Fortress America Has Dried Up
Even Small Countries Can Crash the World Economy
Free Trade Is a Goal, but Fair Trade Is a Necessity
Currency Manipulation Has Negative Implications beyond the Obvious
Notes
Chapter 11: What Do We Do Now?
“The Future Ain't What It Used to Be”
Flying Robots, 3D Printers, and the Future
Will the Consumer Continue to Reign? Maybe, Maybe Not
Fracking: Controversial but Changing the Future
Can We Squeeze More Out of the Ground?
The Economics of More Energy
The Aging of Boomers Will Change the Economy Once Again
Notes
About the Authors
Search in book...
Toggle Font Controls
Playlists
Add To
Create new playlist
Name your new playlist
Playlist description (optional)
Cancel
Create playlist
Sign In
Email address
Password
Forgot Password?
Create account
Login
or
Continue with Facebook
Continue with Google
Sign Up
Full Name
Email address
Confirm Email Address
Password
Login
Create account
or
Continue with Facebook
Continue with Google
Next
Next Chapter
Title Page
Add Highlight
No Comment
..................Content has been hidden....................
You can't read the all page of ebook, please click
here
login for view all page.
Day Mode
Cloud Mode
Night Mode
Reset