economic theories

WASHINGTON (IP) — Sen.

Press Secretary of the Tennessee Grand Ol' Party, William Howard Hobbs, has some

Economic theories evolve over time based on markets, consumers, government policies and the interactions of all three. Bear with me as we define economics and the possible changes in theory brought on by the social web.Theory is defined as a model or framework (made up of a body of principles) [...]

The Tennessean has an interview with Arthur Laffer, the economist whose supply-side economic theories lead the Reagan administration to cut taxes - leading to a major economic boom. Laffer lives in Nashville now, having fled high-tax California a few years ago.

The Nigh Seen Creeder condemns as Keynesian a economic stimulus package that bear striking resemblance to the checks George Bush cut us when he first got into office:

Economics may be understood not just as the study of how money flows, but more broadly, how value is exchanged. Because value is found in things other than the coin of the realm, economic theories can be used to assess how those things work. Human relationships is one example.