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A drug company must incur a large fixed cost to do the basic research, so it has strong incentives to predict what the demand for the drug will be if its research succeeds. The higher the market demand for a drug, the greater the probability that at least one drug maker conducts basic research. In our model, a rational agent demands climate-adaptation products in order to increase the chance that they survive to enjoy future consumption. MORE
The idea is important because we need demand in this economy in order to create jobs. Domestic demand is being constrained because our government is trying to get its fiscal house in order. Demand is deficient and you need a strategy to fix that. But a jobs strategy has to be based on aggregate demand throughout the economy. An edited interview with Robert Z. Lawrence , the Albert L. MORE
More perpetual policies might be necessary to increase wages and support future aggregate demand ensuring workforce fairness. We are at a major inflection point that will largely determine the future of work. MORE
It is the continuous obligation of economic policy to match increases in productive potential with increases in purchasing power and demand. Anticipating future skill needs and demands adds to the urgency of addressing the many challenges in K-12 and higher education, including achievement and opportunity gaps by race and socioeconomic status in K-12 schooling, and improving access, affordability, and success in post-secondary education. anucha sirivisansuwan/Getty Images. MORE
Transportation disruptions and the closing of many factories throughout Japan will shrink Japanese aggregate demand and disrupt supply chains worldwide. Human suffering is certainly our main concern in the immediate aftermath of Japan's 3/11 tragedy. But even as we focus on immediate human needs, we cannot avoid recognizing — and coping with — the long economic shadow cast by this disaster. The direct impact on real economic activity worldwide is already being felt. MORE
The Ford story doesn’t add up , if you assume that Ford believed that his move alone was enough to raise overall demand for cars. But if you think instead that he was signaling to his competitors that if they all moved none of them would be at a disadvantage and that aggregate demand for the industry would increase, then the principle arguably holds in other contexts for some of today’s giants. Ryan McVay/Getty Images. MORE
Aggregate Demand Related Topics HR Digest
JULY 28, 2021
More perpetual policies might be necessary to increase wages and support future aggregate demand ensuring workforce fairness. We are at a major inflection point that will largely determine the future of work.
Harvard Business
MARCH 16, 2017
A drug company must incur a large fixed cost to do the basic research, so it has strong incentives to predict what the demand for the drug will be if its research succeeds. The higher the market demand for a drug, the greater the probability that at least one drug maker conducts basic research. In our model, a rational agent demands climate-adaptation products in order to increase the chance that they survive to enjoy future consumption.
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Harvard Business
JANUARY 31, 2018
It is the continuous obligation of economic policy to match increases in productive potential with increases in purchasing power and demand. Anticipating future skill needs and demands adds to the urgency of addressing the many challenges in K-12 and higher education, including achievement and opportunity gaps by race and socioeconomic status in K-12 schooling, and improving access, affordability, and success in post-secondary education. anucha sirivisansuwan/Getty Images.
Harvard Business Review
MARCH 22, 2011
Transportation disruptions and the closing of many factories throughout Japan will shrink Japanese aggregate demand and disrupt supply chains worldwide. Human suffering is certainly our main concern in the immediate aftermath of Japan's 3/11 tragedy. But even as we focus on immediate human needs, we cannot avoid recognizing — and coping with — the long economic shadow cast by this disaster. The direct impact on real economic activity worldwide is already being felt.
Harvard Business
FEBRUARY 12, 2018
The Ford story doesn’t add up , if you assume that Ford believed that his move alone was enough to raise overall demand for cars. But if you think instead that he was signaling to his competitors that if they all moved none of them would be at a disadvantage and that aggregate demand for the industry would increase, then the principle arguably holds in other contexts for some of today’s giants. Ryan McVay/Getty Images.
Harvard Business Review
FEBRUARY 15, 2013
The idea is important because we need demand in this economy in order to create jobs. Domestic demand is being constrained because our government is trying to get its fiscal house in order. Demand is deficient and you need a strategy to fix that. But a jobs strategy has to be based on aggregate demand throughout the economy. An edited interview with Robert Z. Lawrence , the Albert L.
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