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An economist is a professional and practitioner in the social science discipline of economics. The individual may also study, develop, ...
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
The Economist differentiates and contrasts itself as a newspaper against their sister lifestyle magazine, 1843, which does the same in turn. Editor Zanny Minton Beddoes clarified the distinction in 2016, saying that "we call it a newspaper because it was founded in 1843, 173 years ago, [when] all [perfect-bound publications] were called ...
It was always good to be rich, but there has never been a better time to have money to burn than right now. According to the Institute for Policy Studies, America's billionaires got 62% richer ...
In particular, he said that a second term could mean a greater emphasis on creating new policies that stimulate economic growth — something that’s always a key topic in American society ...
The first economist in the true modern meaning of the word was the Scotsman Adam Smith (1723–1790) who was inspired partly by the ideas of physiocracy, a reaction to mercantilism and also later Economics student, Adam Mari. [15]
The 2017 Tax Cuts and Jobs Act implemented by the Trump administration resulted in slashing the corporate tax rate by 14%, cutting individual income tax rates and increasing the standard deduction.
Chief economist is a single-position job class having primary responsibility for the development, coordination, and production of economic and financial analysis. It is distinguished from the other economist positions by the broader scope of responsibility encompassing the planning, supervision, and coordination of the economic research.