Franklin, Carnegie, and Marx on Work, Wealth, and Society
For Benjamin Franklin and Andrew Carnegie, work was intrinsic to an individual's sense of self and personal worth. "God helps them that helps themselves," said Poor Richard, Franklin's pseudonym -- in other words,…
Ethics of International Tourism: Health, Safety & Ecotourism
Extensive international travel even amidst the growing incidence of terrorism, accidents and disease give rise to various types of ethical concerns, which are normally not taken, into consideration by the present day…
Financial Derivatives: Risk, Speculation, and the 2008 Crisis
This study emphasized the importance roles of financial derivatives, which has been known for the last decade and its effects on the Global financial crisis. It further analyzes the impact of financial derivatives and how it can be controlled to prevent corporations from incurring a lot of risks. It also explains the existence of financial derivatives since 1970, to the recent Global Financial Crisis which occurred in the 2006.
International Trade: Benefits, Drawbacks, and Global Inequality
Ever since Adam Smith demonstrated in The Wealth of Nations (1776) that individuals would be better off if they specialize, instead of trying to be economically self-sufficient, countries across the world have tried to…