Wikipedia talk:WikiProject Economics

From Wikipedia, the free encyclopedia
Jump to: navigation, search

http://en.wikipedia.org/wiki/List_of_countries_by_exports[edit]

Hello Folks,

I think there is something wrong with this page. The European Union has the number 2 position with $2,173 billion, following no. 1 China with $2,210 billion. However, if you combine for example Germany, France and the U.K. this already counts up to more than China's number.

Max

Hélène Rey[edit]

I've added some initial discussion of the contributions of Prof. Hélène Rey here: [1]. There's a lot more that can be added, if anyone's familiar with her work and contributions.

What are the appropriate number of threads on this Wikiproject talk page?[edit]

Regarding [2], what do other editors think the appropriate number of threads to leave displayed on this talk page should be? My understanding is that it is not uncommon for wikiprojects to have dozens of simultaneous projects. EllenCT (talk) 23:00, 10 January 2015 (UTC)

In my experience, 20 minimum threads seems to be rather high when configured to an age of 90 days. WikiProject Finance & WikiProject Globalization use 6 & 5 minimum threads respectively. However, they are configured to expire threads after only 30 days. I think WikiProject Economics would benefit from a minimum thread count of 5 to 10, and an expiry of 30 to 45 days. My general view is that minimum threads and thread expiry should generally have an inverse relationship: less-active projects warrant threads sticking around longer because it takes longer for them to get attention, while more-active projects may not need threads to stick around as long since they may resolve more quickly, and may instead have a desire to see more minimum threads since there will likely be more things to discuss. Ultimately it boils down to what a project is willing to handle. On talk pages with an aggressive auto-archiving configuration, editors can always include a <!-- [[User:DoNotArchiveUntil]] 12:00, 01 January 2020 (UTC) --> exception at the beginning of a talk page thread to exempt it from archiving (and remove it when the participants deem the thread ready for normal archiving). John Shandy`talk 03:28, 11 January 2015 (UTC)

inflation[edit]

im not really clear on most economic matters, i hope that my concern will shed enough light on the issuues of unemployment particularly for graduates who obtain their degrees through bursaries, internships and learnerships. what happens when a substantial portion of these graduates's credit profile should they not find employment, and are unable to repay their student debts,. Does this in anyway have an effect on the economy, looking at the accumilating costs of their loans on a national scale.

163.195.192.174 (talk) 14:05, 30 April 2015 (UTC)

Student Debt may be considered in a persons Credit score. It does have an effect on the economy the precise effect may be hard to pin down. Before with the grant system the government paid student directly who paid the universities, and the monies was written off. Now the government pays the student debt company who pays the student who pays the universities, this monies is paid back to each institution in turn.Jonpatterns (talk) 16:49, 8 May 2015 (UTC)

Default on student loans would not be inflationary because the nominal increase in money supply would be accompanied by a decrease in monetary velocity, which is what has been constraining inflation for a couple decades now. Please see also "Why American Workers Without Much Education Are Being Hammered". The Upshot (New York Times). April 21, 2015.  EllenCT (talk) 02:57, 10 May 2015 (UTC)

Energy deflation[edit]

Another factor to consider here is the potential of very rapidly falling costs of (solar) energy (see the graph captioned "Welcome to the Terrordome..." here) which is going to be so highly deflationary throughout the entire real and secondary economy that everything else will look tiny in comparison. I, for one, welcome the likely urgent scramble to spend several trillion dollars per year for two or three decades to have any hope of avoiding deflation. See also the rapidity with which communities are converting to solar and wind wholesale in the US. EllenCT (talk) 02:51, 10 May 2015 (UTC)

See also http://research.stlouisfed.org/fred2/series/T10YIE which is the most accurate predictor. EllenCT (talk) 23:16, 17 May 2015 (UTC)

Economy of the Iroquois FAR[edit]

I have nominated Economy of the Iroquois for a featured article review here. Please join the discussion on whether this article meets featured article criteria. Articles are typically reviewed for two weeks. If substantial concerns are not addressed during the review period, the article will be moved to the Featured Article Removal Candidates list for a further period, where editors may declare "Keep" or "Delist" the article's featured status. The instructions for the review process are here. SandyGeorgia (Talk) 15:19, 8 May 2015 (UTC)

Undervalued Chinese currency[edit]

I would like to include some of the main ideas from [3], [4], and [5], for example, but I thought it might be best to ask for discussion here first. Where are the most reputable opposition viewpoints to the ideas promoted in those articles? EllenCT (talk) 03:01, 10 May 2015 (UTC)

Where would you like to incorporate those ideas? I'm not sure if it would be appropriate for the article on the renminbi, a small mention may be OK for the article on the Chinese economy, but discussion in the US economy would probably be overweight. Also, as much as I like Krugman and Bernstein, those ideas are not exactly consensus view. I guess what I'm trying to say is, context matters. Where would you put those ideas, and how would you express them? In any case, you should just be bold and do it, if there are disputes, you can always ask back here for more eyes. LK (talk) 10:22, 30 May 2015 (UTC)

Consumer economy[edit]

Should it be rated as High-importance or Mid-importance? Discuss-Dubious (t/c) 21:52, 11 May 2015 (UTC)

I would say high-importance, because all of the developed economies have been very steadily transitioning from producer to service economies for decades. Consumer spending is about 68% of the US economy, and less than five years ago topped 71% before subsequent adjustments associated with "re-shoring" manufacturing. I'm not sure it makes much difference, though. EllenCT (talk) 00:28, 13 May 2015 (UTC)
There a guide to the importance scale here. Is a service economy always a consumer economy? The article is problematic because it doesn't clearly define what a consumer economy is and what it isn't. It should probably discuss economic growth more as well.Jonpatterns (talk) 01:14, 18 May 2015 (UTC)

Islamic economic jurisprudence listed at Requested moves[edit]

Information.svg

A requested move discussion has been initiated for Islamic economic jurisprudence to be moved to Islamic economics. This page is of interest to this WikiProject and interested members may want to participate in the discussion here. —RMCD bot 22:30, 28 May 2015 (UTC)

Braess's paradox listed at Requested moves[edit]

Information.svg

A requested move discussion has been initiated for Braess's paradox to be moved to Braess' paradox. This page is of interest to this WikiProject and interested members may want to participate in the discussion here. —RMCD bot 22:33, 28 May 2015 (UTC)

NEM - New Economy Movement listed at Requested moves[edit]

Information.svg

A requested move discussion has been initiated for NEM - New Economy Movement to be moved to NEM (cryptocurrency). This page is of interest to this WikiProject and interested members may want to participate in the discussion here. —RMCD bot 23:21, 28 May 2015 (UTC)

Jevons paradox GA reassessment[edit]

Jevons paradox, an economics article rated as 'Good Article' under the review of this project, is up for GA reassessment. Since this is a somewhat technical article, it would be great if an uninvolved Econ project member could review the Jevons paradox article, the GA criteria, and the reassessment page; and come to a determination to either keep or delist -- closing the discussion on the reassessment page. Much thanks, LK (talk) 09:43, 30 May 2015 (UTC)

Draft:Romer Model[edit]

Dear economists: Here's an old AfC submission that is about to be deleted. There appear to be quite a few book references to this topic. If anyone who understands this wants to improve it, now would be the time.—Anne Delong (talk) 18:28, 2 June 2015 (UTC)

Should this draft be fleshed out into its own article and released into main name space, or would it be better to merge contents into Endogenous growth theory, or none of the above?Jonpatterns (talk) 19:29, 2 June 2015 (UTC)

Seems like a good article[edit]

Draft:Protective Tariffs. What do you reckon? Best, FoCuSandLeArN (talk) 17:43, 3 June 2015 (UTC)

It seems ok for a start, maybe C class. It's OK to start the article, it can be improved later. LK (talk) 03:53, 5 June 2015 (UTC)

Reliable Sources and Weight Guideline[edit]

Any objections to changing Wikipedia:WikiProject Economics/Reliable sources and weight from a proposed guideline to an accepted guideline? It apparently has consensus as it's been there and stable for years. LK (talk) 03:31, 5 June 2015 (UTC)

Looks good to me; I would support promoting it to "guideline" status. bobrayner (talk) 21:05, 6 June 2015 (UTC)

Greek government-debt crisis[edit]

Hi all,
Any economics editors with a taste for controversial current affairs would be welcome over at Greek government-debt crisis; it would benefit from more expert opinions. bobrayner (talk) 21:08, 6 June 2015 (UTC)

Current tasks sources[edit]

Why does the link to the sources for "Current Tasks" lead to an archive page? --Calton | Talk 15:26, 12 June 2015 (UTC)

There seems to be a lot of sources at the archive. Not sure if they have been considered for the 'current task' articles yet, or not.Jonpatterns (talk) 16:47, 12 June 2015 (UTC)

Conversion of 18th century currency to modern currency[edit]

We have an article stating that 500,000 Spanish pieces of eight in 1735 translates to €140,000,000 by current standards... Is this exchange rate accurate? And for that matter, what would be the exchange rate of 500,000 pieces of eight in 1735 to current US dollars? Thank you. 24.50.236.140 (talk) 07:53, 16 June 2015 (UTC)

There are a number of factors to take into account. Why use 500,000 instead of one? ref 1 Jonpatterns (talk) 10:09, 18 June 2015 (UTC)

New Wikipedia Library donations[edit]

Hello all, I wanted to let you know of three recent donations we just opened up at the Wikipedia Library: WP:Cairn, WP:World Bank and WP:Erudit. Please sign up for the accounts if you think you can use them. Cheers, Nikkimaria (talk) 00:11, 18 June 2015 (UTC)

Economy of Somalia article[edit]

I've raised concerns over the neutrality of the Economy of Somalia article. I'd appreciate it if members of this project could look into the discussion and share their views (please see the article's recent editing history and Talk:Economy of Somalia#Cleanup for my concerns and the response from other editors). Thanks, Nick-D (talk) 02:31, 28 June 2015 (UTC)

Individual Titles of US Code[edit]

Articles about individual Titles related to economy, like Title 11 of the United States Code and Title 12 of the United States Code, are stubs. I welcome your help. --George Ho (talk) 19:36, 30 June 2015 (UTC)

Copyright Violation Detection - EranBot Project[edit]

A new copy-paste detection bot is now in general use on English Wikipedia. Come check it out at the EranBot reporting page. This bot utilizes the Turnitin software (ithenticate), unlike User:CorenSearchBot that relies on a web search API from Yahoo. It checks individual edits rather than just new articles. Please take 15 seconds to visit the EranBot reporting page and check a few of the flagged concerns. Comments welcome regarding potential improvements. These likely copyright violations can be searched by WikiProject categories. Use "control-f" to jump to your area of interest (if such a copyvio is present).--Lucas559 (talk) 16:06, 2 July 2015 (UTC)

2015 Chinese stock market crash at WP:ITN/C[edit]

I nominated the article for ITN. But it has a couple days before the nomination is archived. Please comment there. --George Ho (talk) 07:06, 14 July 2015 (UTC)

Book-to-bill ratio - new article[edit]

Dear economics experts: This article created last October hasn't yet been assessed. Is it about a notable topic? The references don't seem independent to me, but I am not knowledgeable in this area.—Anne Delong (talk) 00:49, 21 July 2015 (UTC)

@Anne Delong: Thanks for the comment. The article seems to be about a notable term. I've added a further reference. Jonpatterns (talk) 20:43, 21 July 2015 (UTC)

Measuring GDP[edit]

I'm not nearly expert enough to know if this article is any good, redundant to the main GDP article or a basket of OR, but it is pretty much unreferenced. I'll leave it with you. --Dweller (talk) 15:04, 23 July 2015 (UTC)

Thanks for the comment. The article is a mess but is probably a valid topic.Jonpatterns (talk) 20:55, 23 July 2015 (UTC)

One of your project's articles has been selected for improvement![edit]

Today's Article For Improvement star.svg

Hello,
Please note that Information Age, which is within this project's scope, has been selected as one of Today's articles for improvement. The article was scheduled to appear on Wikipedia's Community portal in the "Today's articles for improvement" section for one week, beginning Monday 03 August 2015. Everyone is encouraged to collaborate to improve the article. Thanks, and happy editing!
Delivered by North America1000 23:45, 4 August 2015 (UTC) on behalf of the TAFI team