Department of Economics
| Department of Economics | ||||
| Govt branch | Executive | |||
| Subordinate to | Throne | |||
| Form | Department | |||
| Status | Deactivated | |||
| Established | February 2, 0/2018 | |||
| Responsibility |
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| Motto | n/a | |||
The Department of Economics oversees and manages the Principality's economy. The Pillow Fortress has a mixed economy, with heavy state intervention, social safety net, and corporate policy favoring workers. The Secretary of the Department of Economics is recommended by the Council of State.
The Department of Economics adheres to the Typical Organization Framework in addition to the following components:
Branches
General Branches
Citizen Insurance Branch
The Citizen Insurance Branch manages the multiple forms of insurance the Principality provides to Pillowans in order to prevent economic ruin on the part of individuals, families, and independent and SOSO businesses.
Internal Revenue Branch
The Internal Revenue Branch collects revenue, via taxes and other means, for use by the Pillow Fortress.
Interstate Trade Branch
The Interstate Trade Branch engages in interstate trade, subject to regulations by the Exterior Bureau.
Social Security Branch
The Social Security Branch manages the multiple supplementary welfare benefits available to Pillowans under certain circumstances.
State Investment Branch
The State Investment Branch manages the Principality's financial investments.
Universal Basic Income Branch
The Universal Basic Income Branch manages the Principality's UBI program.
Commissions
Space Economics Research Commission
The Space Economics Research Commission studies existing and possible economic activity in outer space and how best to implement such policies in ways that benefit in the Principality and its citizens and, its subjects.
Committees
Economic Policy Committee
The Economic Policy Committee determines the specific implementation of the economic policies set by the Council of Labor.
Independent Agencies
First Bank of the Pillow Fortress
The First Bank of the Pillow Fortress serves as a state owned state operated bank for the Principality's citizens, with each individual receiving an account upon acquisition of citizenship.
Pillow Fortress Mint
The Pillow Fortress Mint designs and prints the Fortressian currency, the Pillow Fortress Real (PFR)
Second Bank of the Pillow Fortress
The Second Bank of the Pillow Fortress is a state owned state operated bank whose only client is the Principality itself.
Offices
Office of the Secretary of Economics
The Office of the Secretary of Economics consists of the Secretary of Economics and their support staff. It is the main organ through which the department is managed on the day-to-day level.
Office of the Undersecretary of Administration, Department of Economics
The Office of the Undersecretary of Administration, Department of Economics is responsible for all those organizational components of the department which fall under the TOF.
Office of the Undersecretary of SOSO Businesses, Department of Economics
The Office of the Undersecretary of SOSO Businesses, Department of Economics is responsible for overseeing the various state owned state operated businesses subordinate to the department.
Services
Economic Analysis Service
The Economic Analysis Service provides independent, in depth, and timely economic analysis for use by the Department of Economics, Council of State, Throne, and the rest of the government.
SOSO Businesses
Pillow Fortress Holding
Pillow Fortress Holding is a holding company through which the Principality manages independent, non-SOSO businesses it may own.