The Impact of Egoistic Behavior on Fiscal Policy

By James E Njoroge, M. Sc. (VWL) - Economic Coach, Consultant and Lecturer / April 10, 2025 / Economic Blog, Behavioral Economics, Economic Policy, Fiscal Economics, Globalization, Leadership and Management, Macroeconomics, Personality, Public Policy

The Impact of Egoistic Behavior on Fiscal Policy Read Post »

This interdisciplinary study analyzes how egoistic behavior adversely affects fiscal policy, linking institutional economics, political theory, and moral philosophy. The research critiques the structural embedding of self-interest within fiscal systems, highlighting examples such as the Trump presidency and tax reforms. It reveals that egoistic behavior leads to regressive taxation and undermines public services, thus eroding democratic trust. The study also contextualizes fiscal dysfunction historically, urging reforms that emphasize ethical accountability and participatory democracy to restore fiscal policy as a tool for justice and equity. Ultimately, it proposes a roadmap to reclaim fiscal governance as a public instrument reflecting collective needs.

Austerity Politics, Behavioral Economics, Budget Accountability, Campaign Finance, Corporate Capture, Democratic Erosion, Democratic Governance, Democratic Institutions, Egoistic Behavior, Environmental Taxation, Executive Power, Fiscal Federalism, Fiscal Policy, Fiscal Reform, Global Justice, Human Capital, Institutional Economics, Legal Immunity, Legal Impunity, Political Economy, Postcolonial Fiscality, Postcolonial Inequality, Public Finance, Public Goods, Social Equity, Tax Justice, Wealth Inequality

The Role of Government in Society

By James E Njoroge, M. Sc. (VWL) - Economic Coach, Consultant and Lecturer / March 27, 2025 / Foundations of Economics, Economic Policy, Globalization, International Economics, Macroeconomics, Markets, Microeconomics, Public Policy

The Role of Government in Society Read Post »

Governments play a pivotal role in shaping and sustaining society’s structure. Their influence extends across numerous dimensions, from the economy and lawmaking to public service provision and international relations. This article explores the multifaceted role of government in modern society, emphasizing its responsibility for maintaining social order, protecting individual rights, and fostering economic growth. At the heart of effective governance are democratic principles, the rule of law, and a commitment to social justice.

Accountability in Government, Bureaucratic Inefficiency, Civil Liberties, Constitutionalism, Consumer Protection, Corruption, Democracy, Economic Regulation, Economic Stability, Economics, Ethical Governance, Executive, Fiscal Policy, Global Cooperation, Globalization, Governance, Government, Government Overreach, Human Rights, international trade, Judiciary, Legislature, Market Regulation, Monetary Policy, Participatory Democracy, Personal Liberties, Political Economy, Public Goods, Public Policy, Public Services, Public Trust, Public-Private Partnerships, Redistribution of Wealth, Rogue Government, Rule of Law, Social Justice, social norms, Social Trust, Social welfare, Sustainable Development, Transparency in Government

Introduction to Macroeconomics

By James E Njoroge, M. Sc. (VWL) - Economic Coach, Consultant and Lecturer / October 16, 2024 / Macroeconomics, Economic Policy, Economics, Fiscal Economics, Globalization, Monetary Economics

Introduction to Macroeconomics Read Post »

This article provides a comprehensive introduction to macroeconomics, focusing on its core objectives and the roles of fiscal and monetary policy in shaping economic outcomes. It explores six key macroeconomic objectives—four quantitative (price stability, high employment, foreign trade balance, and steady economic growth) and two qualitative (fair distribution of income and wealth and environmental sustainability). These interrelated objectives emphasize the need for balanced, long-term economic policies that promote growth and equity.

Economics, Fiscal Policy, Globalization, Macroeconomic Objectives, Microeconomics, Monetary Policy, Qualitative Objectives, Quantitative Objectives

Fiscal Policy

The Impact of Egoistic Behavior on Fiscal Policy

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The Role of Government in Society

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Introduction to Macroeconomics

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