The observation by economist C. Goodhart that when a metric is used as a target for policy, it ceases to be a good measure.
Measures of adequacy of the estimated regression model, such as the coefficient of determination and the information criterion.
An exploration of goodwill, its definition, contextual implications, and importance in business and economics.
The central planning agency of the former Soviet Union responsible for creating and auditing economic plans.
An independent, non-partisan U.S. agency responsible to Congress for ensuring that funds voted by Congress are spent as prescribed by law.
An in-depth examination of government debt, its definitions, implications, and analytical frameworks.
An overview of government expenditure, its components, and analytical frameworks
Government failure occurs when government intervention in the economy either does not lead to a Pareto efficient outcome or worsens the situation.
An overview of the Government National Mortgage Association, commonly known as 'Ginnie Mae', its operations, and relevance in U.S. housing finance.
Understanding the concept of government production in economics and its significance within the national income.
An examination of government regulation, its definition, application, and impacts within economics.
An in-depth analysis of government spending on real goods and services, its implications, and related economic theories.
