Previous studies have confirmed that money scarcity can impede individuals' cognitive control; however, it remains unclear how this effect occurs. This study created a virtual shopping game that can vividly simulate individuals' shopping-related thought processes in daily life to systematically investigate how money scarcity influences cognitive…

The year 2018 marked the 10th anniversary of the global economic crisis of 2008. In Europe, austerity has been a constant ever since the crisis. This article critically engages with recent institutional and ideological developments in the small Baltic state of Estonia. The article investigates the structural reforms and prevailing ideology in…

Budgeting is inherently political. Too often, short-term goals overrun long-term institutional interest. By presenting the many layers of budgeting models with a clear, comparative framework, author Larry Goldstein, demonstrates the organic link between planning and budgeting, making it crystal clear that budgets and plans represent two sides of…

Due to significant government cuts to Higher Education funding in Southern European systems, their already underfunded universities were forced to increasingly compete for students as sources of additional revenue. Concurrently, families and students that continued to afford participation in Higher Education became more selective when choosing a…

The spring 2018 teacher strikes or walkouts in West Virginia, Kentucky, Oklahoma, Colorado, Arizona, and North Carolina brought heightened attention to teacher compensation. Similar walk-outs, sick-outs, or strikes occurred early 2019 in Denver, Los Angeles, and Oakland, as well as West Virginia and Kentucky. In all of these actions, teachers were…

The Federal Reserve (the Fed) is the central bank of the United States. It has a congressional mandate to promote maximum sustainable employment and price stability. In normal times, the Fed seeks to achieve this mandate by setting the position or "stance" of monetary policy, primarily by managing the level of short-term interest rates.…

In this paper, we draw on previous conceptual work and theories pertaining to historical waves of reform, in order to reflect upon and locate the recent and current changes in the UK Higher Education (HE) landscape. Moreover, we consider the potentially catastrophic outcomes and consequences facing some HE institutions, and the sector as a whole,…

Purpose: Throughout the world, the dominant discourse treats "financial literacy" as both necessary and sufficient to improve the well-being of individuals and society. Findings: This essay argues that financial literacy is neither, and that promoting financial literacy is a perverse way to address the inadequate retirement funding,…

This research aims to identify the effects of the economic crisis on higher education (HE) dropout rates at Lisbon School of Economics and Management (ISEG)--Universidade de Lisboa, after having controlled for individual characteristics, family background, High School and HE trajectories. Our main hypothesis is that the economic crisis induces…

No one policy exists as a nexus between K-12 public education and post-secondary education in the United States. Three critical factors suggest that many colleges will be financially insolvent after 2020. The first is declining K-12 birthrates, which are enrollment feeders of post-secondary colleges or universities. As a result of the declining…

Recent research has suggested significant negative effects of the Global Financial Crisis (GFC) on mental health and wellbeing. In this article, the authors suggest that the developmental period of late adolescence may be at particular risk of economic downturns. Harmonizing 4 longitudinal cohorts of Australian youth (N = 38,017), we estimate the…

Since the mid-1990s, the pressure of globalization and the pressing demands of a knowledge economy led to a series of educational reforms. The focus of these was the promotion of quality education and massification of higher education. After the Asian financial crisis in 1997, the governments in different parts of Asia have implemented…

This article examines educational rhetoric in Ontario, Canada, during the Great Depression. It notes how the government, through the Annual Reports of the Minister of Education, and the College of Education, through its journal, "The School," espoused themes of social efficiency regarding educational ideas and policies. The Depression…

The purpose of this study was to collect and analyze school level data related to the allocation of resources, and to determine how those resources are used to increase student achievement in the Hampton School District. The study was based on an analysis of one school district located in Los Angeles County in Southern California. All of the…

This article discusses how economic reforms, as a reaction to the effects of the global financial crises, have intensified popular unrests and redefined the composition, interests, and socio-economic and political attitudes of Nigeria's increasingly complex social strata. We relied basically on secondary data to analyze some of the fundamental…