And fiscal stimulus might be relatively harmless when an economy has minimal debt and can therefore handle a bit of deficit spending without negative side effects. But this is not one of those times. Eight years into a recovery, with unemployment and interest rates at near record lows and global debt at .Mainstream economics uses a fairly simple equation when it comes to public policy More government spending equals more growth, which is just about always a good thing. The problem is with the "just about always" part. At the bottom of recessions, tax cuts and higher government spending can indeed .The effects of budget deficits on economic growth is an important topic in macroeconomicysis of tax policy. Some economic theories suggest that budget deficits reduce growth by increasing interest rates and diverting private saving from investment to government debt. It has been hard to find an .The deficit is blamed for all manner of economic ills, ranging from high interest rates to unemployment to the trade deficit to the low rate of national saving to low productivity growthwhichever seems most crucial at the momentbut little attention is paid to why it might have any of these effects. The near unanimity in public .
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Systems theory has long been concerned with the study of complex systems in recent times, complexity theory and complex systems have also been used as names of the field . These systems are present in the research of a variety disciplines, including biology, economics, social stu.s and technology.Recently, complexity has become a natural domain of interest .