By Brian Roach Tax policy is one of the most debated, and often misunderstood, issues in politics and economics. This module provides students with critical tools to understand how taxes work and how they are essential for the government’s functioning. It introduces the US tax system, including the historical development of tax policies, and then presents […]
By Erin Lennox, Jonathan M. Harris and Anne-Marie Codur This module presents an expanded circular flow analysis that takes the biosphere into account. It reviews critiques and alternatives to gross national product (GNP) and gross domestic product (GDP), emphasizing natural resource and environmental, as well as social sustainability, then discusses the implications of long-term growth […]
By Jonathan M. Harris, Brian Roach, Pratistha Joshi Rajkarnikar and Neva Goodwin This module, based on Chapter 17 of Macroeconomics in Context, discusses the future of economic growth in an era of ecological limits. It includes analysis of population growth, resources and pollution, and the climate crisis. Policies for a transition to sustainability and a “green” […]