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Economist com Stumble or Fall the
Words: 334 Length: 1 Pages Document Type: Research Proposal Paper #: 29671488
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As economic crisis in the United States has caused families to save rather than spend, which will cause exports from these countries to decline. While these economists certainly understand the concepts of demand, the article suggests that economic pain for developing countries might not necessarily be the case. Instead, the article suggests that countries who have the ability to stimulate their own economies through savings will be able to better cope with the decreased demand from the United States. Finally, the article suggests that, in the long run, the forecasts for emerging economies are positive, speculated to grow at an annual rate of over four percent from 2010 to 2015. Thus, while developing economies rely on American demand to some degree, their ability to grow economically is left, in the majority, to their own volition.


Stumble or Fall? (2009, January 8). The Economist. etrieved January 12, 2008, from:


Stumble or Fall? (2009, January 8). The Economist. Retrieved January 12, 2008, from: /finance/displaystory.cfm?story_id=12896793.

Economist Talks About How the
Words: 679 Length: 2 Pages Document Type: Term Paper Paper #: 9728051
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This is one of the fears that many people share, and that the Economist article deftly points out.

The Fed's argument about keeping interest rates low as a mechanism for job creation has also been rather unproductive. The Fed argues that by offering low interest rates on borrowed money that businesses will take loans to grow. But in this recession, there is no reason to grow when there is decreased demand for goods and services. One reason for this decreased demand is that the unemployment rate is so high, and people are unwilling to buy things they don't need. Also, as banks shrink available credit, people have less money to spend on credit cards and other instruments of credit. The Fed has also tried to keep interest rates low while fighting what it calls a major threat to economy and jobs stability, which is deflation. Deflation is the lessening of…


Economist Magazine. (2010). "The Fed and its Discontents." The Economist. Accessed online 9 Dec. at:


Economist Provides Criticism of Treasury
Words: 440 Length: 1 Pages Document Type: Research Proposal Paper #: 16712009
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The author noted that this was an important step to help ease the problems created by the collapse of non-bank funding.

The author concludes by noting that the proposed package's tremendous size combined with its lack of clear details or forceful regulation leave the program open to criticisms that it is both too vague and too timid. Furthermore, he points out that the plan's failure to fully account for the disposal of toxic debt may have helped contribute to recent sharp falls in the stockmarkets. The author noted that it was not only that the plan was insufficient, but that Geithner had led people to believe that the plan would be both bold and detailed, and that the dissonance between the promised plan and the plan unveiled by Geithner helped contribute to a decrease in confidence. The author clearly disagreed with Geithner's failure to really consider the issue of nationalization…


Still seeking a way out. (2009). Retrieved February 11, 2009, from Web site: /daily/news/displaystory.cfm?story_id=13095259

Economist Approach the Production and Sale of
Words: 1784 Length: 4 Pages Document Type: Essay Paper #: 51553273
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economist Approach

The production and sale of alcoholic beverages contribute a small share in national product in the United States and in other advanced economies. However, the damaging effects of alcohol consumption on health and safety constitute a very significant economic burden, reducing our overall standard of living. Chronic heavy drinking causes organ damage that result in disability and early death. Other possible consequences include cognitive impairment, addiction, reduced productivity, neglect of family responsibilities, and birth defects. The acute effects of alcohol abuse are still more costly: traumatic injury and property damage from accidents, criminal victimization, domestic violence, unwanted sexual encounters and venereal diseases, and hangover. In sum, alcohol is not just another commodity. Around the world, historically and currently, public concern about the consequences of excess alcohol consumption for individual health and community well-being has been incorporated in cultural norms, which are often reinforced by private rules and government…


B.Tucker, I. Survey of economics. In I.B.Tucker.

Frank J.Chaloupka, M.G. The Effects of price on Alcohal Consumption and Alcohal Related problems.

Frank J.Chaloupka, p. G. (n.d.). National institute on Alcohal Abuse and Alcohalism. Retrieved from The Effects of Price on Alcohal Consumption and Alcohal related problems: 

J.Moore, P.J. (n.d.). Health Affairs. Retrieved from The Economics of Alcohal Abuse And Alcohal Control Policies:

Reporters From the Economist Discuss the Possible
Words: 1194 Length: 4 Pages Document Type: Essay Paper #: 45384958
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reporters from the Economist discuss the possible effects of climate change on corn crops. A researcher from Stanford University, David Lobell, entered into an accidental collaboration with the International Maize and Wheat Improvement Centre in Mexico. The latter organization had been researching the potential for expanding corn production into parts of southern and eastern Africa. In particular, the International Maize and Wheat Improvement Centre "had been running an ambitious set of field trials designed to look at what sorts of maize (corn, to Americans) grow best in various parts of southern and eastern Africa, paying special attention to drought resistance," (The Economist). Lobell and the Stanford University team provided the financial and human resources to help the International Maize and Wheat Improvement Centre compile data by amassing and aggregating results culled from over one hundred different research stations in the field. The project morphed into one larger than either party…


"One Degree Over." The Economist. 17 May 2011. Retrieved online:  

Undercover Economist What I Learned
Words: 692 Length: 2 Pages Document Type: Term Paper Paper #: 42134371
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But how does this scarcity principle translate into conditions other than droughts and produce surpluses, or the pricing decisions of marketers in the general world economy? Take a local movie theater, where an artificially induced scarcity of other food products allows the movie theater to charge more for popcorn and soda, or a bar or a restaurant to charge more for wine.

In areas with high levels of tourist foot traffic, the principle of scarcity can also be induced, even though theoretically tourists could gravitate to other areas to eat. Because tourists don't know where to find good restaurants that are cheap, they tend to eat at the first place where they can find a table, near tourist attractions. Good restaurants don't locate to these areas, because even if they are able to charge high prices, they won't draw in the sort of local clientele that wishes to sample higher-end…

Works Cited

Harford, Tim. The Undercover Economist. New York: Oxford University Press, 2005.

Variations on Liberalism in The Economist Newspaper
Words: 1174 Length: 4 Pages Document Type: Essay Paper #: 48168575
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Liberalism1: Chapters 1-3IntroductionThe Industrial evolution changed the rules of the game in England in the 19th century. Zevin shows that the aristocracy had ruled in the past; but by the 1840s, a new order had emergedone in which a rising middle class now had a common voice and an interest in controlling or at least shaping markets. This paper highlights how those who started and edited The Economist were in league in terms of wanting a liberal marketa free marketone that was not pre-determined and subjected to the whims and will of the aristocracy.SynthesisThe Economist was born out of the Anti-Corn Law League that rose up to challenge the aristocratic tariff that kept foreign competition in wheat out of the country, and domestic prices high (Zevin, 2019, p. 22). Its founder was James Wilson, a Scottish hat manufacturer and author, whose powerful vision of a free trade world, first set…

ReferencesZevin, Alexander. (2019). Liberalism at large: The world according to The Economist. London: Verso.

Feed the World the Economist
Words: 3049 Length: 10 Pages Document Type: Essay Paper #: 4137780
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Native populations never had such concepts. That many nations are artificial creations incapable of food self-sufficiency undercuts the self-sufficiency argument. Nations around the world may need, at the very least, to organization into larger, more diverse blocs the way Europe has in order to have any hope of attaining food self-sufficiency.


Inefficient and illogical colonial-era boundaries are just one externality that is impacting the ability of the world to feed itself. Trade regulations are another. No matter the justification, trade barriers and tariffs reduce the efficiency of the global food trade. hen nations protect certain industries with these barriers, they fail to take advantage of comparative advantages. orse, such regulations stifle innovation. hen regulations are removed, innovation allows industries to find a new equilibrium. An example of this can be found with Canadian wine production. Prior to the U.S.-Canada Free Trade Act, the Canadian wine industry was subsidized heavily.…

Works Cited:

Eide, W. & Kracht, U. (2009). Official responses to the world food crisis in light of the human right to food. Retrieved March 20, 2010 from 

Whitman, D. (2000). Genetically modified foods: Harmful or helpful? CSA Illumina. Retrieved March 20, 2010 from 

Bello, W. (2008). How the World Bank, IMF and WTO destroyed African agriculture. Retrieved March 20, 2010 from

Analyzing Health Care Through the Eyes of the Economist
Words: 627 Length: 2 Pages Document Type: Essay Paper #: 54531905
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Health Care Through the Eyes of the Economist

The health economics discipline holds great value. Economics is based on the assumption that resources available will always prove inadequate (i.e., scarce) when it comes to comprehensively satisfying human desires. This theory underlies all aspects of economics. Consequently, resource utilization in any one area implies, inevitably, that these cannot be used elsewhere, and that, the profits that could have been gleaned from their utilization in these other areas have to be sacrificed. Clinical research administrators are constantly making choices with regard to how they must allocate time, the activities into which their energies ought to be channeled and where to spend the funds available to them. Making choices is fundamental to their profession. Health care providers are increasingly faced with very emotive and powerful choices. Health economics fails to solve these tricky and challenging problems. Instead, it offers a way of thinking,…


Guide to economic appraisal: Carrying out a cost benefit analysis (n.d.) Retrieved 2 March 2016 from 

Phillips, C. J. (2005). Health economics: An introduction for health professionals. Malden, MA: Blackwell Publishing

George Magnus Is a Leading Economic Advisor
Words: 3253 Length: 10 Pages Document Type: Term Paper Paper #: 53675455
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George Magnus is a leading Economic Advisor at the UBS Investment Bank and has been a rebel around different systems in the world. George was employed in the UBS investment bank from 2004 till 2012. Along with being the senior economic advisor, he also played the highest level economist from 1997 till 2004. Prior to working for the UBS, he was working as a chief economist in SG Warburg from 1987 till 1995. Magnus is known for his work and cooperation with famous banks of both America and United Kingdom. The economist has authored many books and uploaded regular reviews which can be found at his website. George Magnus did his Masters in economics from the School of Oriental and African Studies from the University of London. He is also known for teaching the subject at the University of Illinois and University of Westminster.

The way he put out his…


Bloomberg. "Give Karl Marx a Chance to Save the World Economy: George Magnus." N.p., 2012. Web. 27 Nov 2012. [ ].

Johnson, L. E et al. "Keynes' Theory of Money and His Attack on the Classical Model." International Advances in Economic Research 7.4 (2001): 409-416. Print.

Johnson, L.E and Thomas Cate. "The Analytical Preconditions for Keynes' Theory of Money." International Advances in Economic Research 6.1 (2000): 84-94. Print.

Magnus, George. "Ageing in a Crisis." The World Today 2008: Print.

Economic Crisis and Capitalism
Words: 3179 Length: 10 Pages Document Type: Essay Paper #: 95991899
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Economic Crisis

The recession of 2008-2009 and the subsequent government responses provides a good test for economic theories. There are no controlled experiments in economics, so we can only work with case studies in order to understand how economies work. A good starting point is to consider the issue through multiple different lenses, so that we can understand how the crisis occurred and what prescriptions might be best suited for response either to address the root problems or to engage in prevention. This paper will consider the works of Marx, Schumpeter and Keynes in analyzing the financial crisis. All three of these men would have been able to understand its causes, but likely would have taken very different approaches to solving the problem.

The second issue at hand is the question of the future of capitalism. We have a pretty good sense at this point of what the response of…


Cox, W. & Alm, R. (2013). Creative destruction. Library of Economics and Liberty. Retrieved December 7, 2013 from 

Eichengreen, B. (2010). The crisis of financial innovation. University of California at Berkeley. Retrieved December 7, 2013 from 

Isfeld, G. (2012). Canada's banks shake off global sector crisis. Financial Post. Retrieved December 7, 2013 from 

Liu, H. (2008). Too big to fail moral hazard. Asia Times. Retrieved December 7, 2013 from

2005, the British publication, The Economist, published an article regarding immigration and the parties who benefit from it. At the time, a decade ago, Prime Minister Tony Blair failed in his attempt to rally support against illegal immigration throughout the European Union (EU). Countries across the continent experienced intense political division regarding this issue. Those who favored politics argued for illegal immigration to cease; those who prioritized economics supported immigration, legal or otherwise. The article explains that to ease tensions within the British government, Blair proposed official supporting of legal immigration and the intensification of stopping illegal immigration. Blair ensured that the administration and bureaucracy regarding legal immigration was streamlined. The article then proceeds to question which parties in society benefit from immigration and how.

Immigration, from the perspective of The Economist is an occurrence that should be calculated, regulated, and firmly enforced. The article questions who benefits from immigration;…


Hirschman, C. (2005). Immigration and the American Century. Demography, 42(4), 595 -- 620.

The Economist. (2002). Britain: Who gains from immigration?; Immigration. The Economist, 363(8279), 30.


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Lincoln and Leadership
Words: 1377 Length: 5 Pages Document Type: Term Paper Paper #: 46103490
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Lincoln and leadership" in the Economist discusses Lincoln's leadership skills, showing how, occasionally, in American -- and general history a leader arose who had unconventional leadership skills and was, indeed, an outsider to the system. Sometimes, in fact -- and extraordinarily as it was -- the outsider was better than the insider: more skilled, knowledgeable. He could see it with a fresh eye. Schumpeter (2012) therefore proposes that it may be this very skill of the outsider: the ability to see the situation with a certain freshness that enables him to succeed and makes him so fitting for the task.

Lincoln was one of these outsiders

In May 1860, candidates for the presidency included two very experienced politicians called William Seward and Salmon Chase. Instead, a one-term congressman who had failed to win a Senate seat for his native state, Illinois was chosen. And Lincoln more so suffered from debilitating…


Bass, B.M. (1985). Leadership and performance beyond expectations. New York: Free Press.

Bass, B.M. (1985). Leadership and performance beyond expectations. New York: Free Press.

Bass, B.M. (1997). Does the transactional -- transformational leadership paradigm transcend organizational boundaries? American Psychologist, 52, 130 -- 139.

Bass, B.M. (1998). Transformational leadership: industrial, military, and educational impact. Mahwah, NJ: Erlbaum.

Development Economics
Words: 1261 Length: 5 Pages Document Type: Term Paper Paper #: 75074108
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Elusive Quest for Growth: Economists' Adventures and Misadventures in the Tropics" by William Easterly. In it he talks at great length about the various methods used by global banking institutions to promote growth in poor and developing countries. He describes several panaceas, or approaches, which have been used over the years by these financial institutions, such as the World Bank and the IMF. In most of the cases, there is a spotlight shone upon the shortcomings of each of the approaches.

Throughout his book, Easterly uses the expression "people respond to incentives."

The primary problem facing poor countries is the policies of institutions that should be helping them. Throughout Easterly's book he gives multitudes of examples in which the facts do not support the methods of aid that are currently being used. Some of the methods are even based on outdated or false economic theories.

One prime example is Domar's…

Economics Suggest Economic Approach Suggest How an
Words: 1232 Length: 3 Pages Document Type: Essay Paper #: 50939499
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Suggest Economic Approach

Suggest how an economist would approach the problem of alcohol abuse. Provide two (2) possible solutions to this problem. Include the four (4) elements of the economic way of thinking in your analysis.

Analyze how prescription drugs affect the demand and supply of other products and services in this country

Formulate a reason why the elasticity of demand is an important consideration when analyzing the impact of a shift in supply and why the elasticity of supply is an Important Consideration When Analyzing The Impact Of A Shift In Demand Include At Least One (1) Example In Each Scenario

Provide two (2) examples of increasing-cost industries in your state and propose why they would have a positively sloped supply curve.

Suggest how an economist would approach the problem of alcohol abuse. Provide two (2) possible solutions to this problem. Include the four (4) elements of the…


Basheda, G., Chupka, M.W., Fox-Penner, P., Pfeifenberger, J.P., & Schumache, A. (2006). Transmission Investment. In G. Basheda, M.W. Chupka, P. Fox-Penner, J.P. Pfeifenberger, & A. Schumache, Why Are Electricity Prices Increasing? (pp. 51-58). Washington: The Edison Foundation.

Gutenson, A., & Dean, P. (2011, April 26). Project Labor Agreement S. Retrieved January 30, 2012, from ABC Virginia Tells MWAA Phase 2 Metro Rail Construction Project Labor Agreement Scheme Will Increase Costs and Hurt Virginia's Construction Workforce: 

Lipsey, R.G., & Chrystal, K.A. (2007). Economics. Oxford: Oxford University Press.

John Maynard Keynes's Contributions to
Words: 2494 Length: 8 Pages Document Type: Term Paper Paper #: 17898336
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A b) Consider the articles on behavioral economics at Summarizethe main thrust of some of these articles. Based on these articles, what's your opinion of behavioral economics? Do you think behavioral economics represents a return to Veblen's ideas?

In many respects it can be agreed that behavioral economics has much in common with Veblen's theories. Behavioral economists agree with Veblen that in most cases humans act illogically, because they are driven by instincts rather than by pure reason.

Thorstein Veblen stated that economic processes are mainly affected by evolution, social relations, political situation and other factors which are more global than circulation of money and accumulation of wealth. His ideas of social relations domination in economics have much in common with ideas of behavioral economists, who state that economy is much affected by psychological factor, or behavior of social groups.

It's proved by a number of applied researches held…


Backhouse, Roger the ordinary business of life

Krugman, Paul Two cheers for Formalism available at formal.html

Whalen, Charles J. Putting a Human Face on Economics Business week online 2001 available at 

Diop, Julie Explaining the Irrational Technology Review, November 2002

Future of Television I Hate
Words: 4811 Length: 16 Pages Document Type: Research Paper Paper #: 21513370
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The governments of China clearly believe that if they do not ban shows where the premise is based on the voting then it could lead their citizens to want the right to vote in the government on their own opinions. The influence that television has, in this case by indirectly helping Chinese citizens move in the direction of being slightly more "democratic," is seen as a threat- it is hard to believe that television could threaten the national security of a world super power.

The current influence that television has on individual's lives is only growing stronger as technology continues to develop. Recent developments have shown that television will now be in "three-dimensions," so that individuals who view TV can be full immersed in the movie or show they are watching ("ho Needs It"). But is that even necessary when nine out of ten homes have televisions in their homes…

Works Cited

Adams, Paul C. "Television as a Gathering Place." Annals of the Association of American Geographers. 82.1 (1992): n. page. Print.

"An Interactive Feature." Economist. 29 April 2010: n. page. Web. 18 Oct. 2011. .

Blockbuster Bankruptcy, . "Blockbuster Bankruptcy 2010." Blockbuster, 2011. Web. 18 Oct 2011. .

Chen, Jason. "Google TV Review: It's Kinda the Future." Gizmodo, 26 Oct 2010. Web. 18 Oct 2011. .

Hilsenrath Suggests That There Are Several Inferences
Words: 334 Length: 1 Pages Document Type: Term Paper Paper #: 55791081
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Hilsenrath, suggests that there are several inferences, which can be drawn from the growing view that poorly informed investors can make markets less efficient than suggested by the "free market" theories of the 1980s. According to the author, the first major implication is that behaviorist theories were now gaining wider acceptance in mainstream economics. Second, the fact that investors can be irrational implies that governments may have to re-evaluate issues such as market regulation and Social Security privatization. Third, if markets are sometimes inefficient, corporations would now have to rethink the way they judge management performance and compensation so that executives become less focused on stock price movements. Fourth, the fact that irrational investor behavior can lead markets astray does not, however, mean that the global emphasis on free markets and open economies will be reversed. For, all it really signifies is that the efficient market theory does not hold…

Works Cited

Hilsenrath, J. "As Two Economists Debate Markets, The Tide Shifts." The Wall Street

Journal. New York: October 18, 2004, p. A1.

Securitization and Bank Liquidity the
Words: 4798 Length: 17 Pages Document Type: Term Paper Paper #: 13613783
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.." The Federal Reserve continues to keep a watch on both "current and potential exposures..." And are in the process of a review of the collateral valuation methods of the banking industry." (Kohn, 2008)

Kohn states that disruptions in liquidity in some financial markets have resulted in banking organizations facing challenges and specifically at present "significant liquidity demands can emanate from both the asset and liability of the bank's balance sheet." (Kohn, 2008) Kohn relates that when liquidity is reduced in the markets specifically for "certain structured credit products the creation of challenges and concerns relating to valuating spreads into other sectors and "illiquidity in some credit markets may make it difficult for some market participants, including banking organizations, to hedge positions effectively." (Kohn, 2008) Kohn states that the banking industry in the U.S. is up against some very serious challenges however, the Federal Reserve in cooperation with banking agencies…


Berger, Allen N.; and Bouwman, Christa H.S. (2007) Bank Liquidity Creation. 15 Jan 2007

Brown, Ellen (2008) April Fools: The Fox to Guard the Banking Henhouse 30 Mar 2008. Online 'The Web of Debt' available online at 

Buiter, Willem (2008) Lessons from Northern Rock: Banking and Shadow Banking. VOX. 4 March 2008. Online available at 

Estrella, Arturo (2002) Securitization and the Efficacy of Monetary Policy. Economic Policy Review. Vol. 8 No.1 Federal Reserve Board Bank of New York. Online available at

Creative Powers it Is a
Words: 2842 Length: 9 Pages Document Type: Term Paper Paper #: 65825873
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Full creativity allows the production of greater wealth, for a stronger and more evolved society.

Further in defense of the moral systems or perceived lack thereof in terms of newly created wealth, D'Souza asserts that most wealth currently created is the result of personal effort, rather than means such as inheritance. The wealth can then indeed be seen as the reward for effort, rather than wealth as a result of luck in its pure sense. Morality's role should then not be concerned so much with justifying the accumulated wealth, but rather with using it wisely for the benefit of humanity, creativity, freedom and evolution.

Another characteristic of freedom, as seen above, is the recognition of new and revolutionary ideas, and implementing those when they are superior to the old. In terms of economy this is as true as in terms of morals. Those in power for example refuse to accept…

Future of the Outsourcing of British White Collar Jobs
Words: 2080 Length: 5 Pages Document Type: Term Paper Paper #: 43528414
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Future of the Outsourcing of British White-Collar Jobs

Outsourcing is the term given to the work that is done by anyone other than the full time employees of an organization. Outsourcing is the activity whereby certain elements of the processes in an organization are divested by an organization that bring in reasonable or little profit with respect to the capital invested. These activities that bring lesser profits than required or peripheral activities can be done supposedly in a more efficient manner by other and normally smaller organizations. These smaller organizations gain efficiency by focusing on the activity itself and sharpening the productive process in such a way that it can generate new efficiencies and make profits which the bigger organization would not be able to do in such in a focused manner. An example for this would be in the case of an automobile manufacturer purchasing headlights or speedometers instead…


A world of work. 2004. The Economist. November 11. Retrieved from /displayStory.cfm?Story_id=3351416 Accessed on February 24, 2005

Faster, cheaper, better. 2004. The Economist. November 11. Retrieved from

History of Economic Thought Mercantilist
Words: 2556 Length: 8 Pages Document Type: Term Paper Paper #: 47524446
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It offers a good theory as it emphasizes on the production and export of those items for which a country possesses a comparative advantage. Furthermore, through its focus on the reduction of taxes and tariffs in international trade and the adherent practices, the theory of comparative costs has set the basis for the contemporaneous processes of market liberalization and globalization.

But the theory has not been spared from criticism. Oumar Bouare states that "the market price of a commodity does not converge toward its natural price. (Then) the outcome of complete specialization in icardo's framework locks third world and developing countries out of industrialization; and free trade could destroy the industrial base of a country, which in the long run could generate more wealth for the country than an imported product. This might also lock the country out of industrialization." b) in 1848, utilitarian economist John Stuart Mill wrote the…


Bancroft, S., Clough, C.W., Economic History of Europe, Heath, 1952

Berdell, J.F., Adam Smith and the ambiguity of nations, Review of Social Economy, Volume 56, 1998

Bouare, O., an Evaluation of David Ricardo's Theory of Comparative Costs: Direct and Indirect Critiques, Retrieved from Policy Innovations March 6, 2008

Technology in Edu Technology Has Changed the
Words: 1948 Length: 6 Pages Document Type: Research Paper Paper #: 70873503
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Technology in Edu

Technology has changed the ways schools operate, the ways teachers communicate, and the ways students learn. At every level of education, from kindergarten until graduate school, technology is being used as a means to develop and deliver course material. Technology is also being used in administrative offices, and also in the home as students have greater access to educational technologies. In traditional classroom environments, technology is being used not just in the most obvious ways such as computer terminals with Internet and library database access. While traditional technological tools such as computers have become indispensable, revolutionary changes to the learning environment itself are technology-dependent. For example, technology can be used to alter lighting and sounds in the classroom in ways that promote learning, cooperation, and concentration. With technology in education comes a great responsibility to monitor usage, upgrade systems, and remain continually mindful of issues such as…


Anderson, T., Poellhuber, B., & McKerlich, R. (2010). Self-paced Learners Meet Social Software: An Exploration of Learners' Attitudes, Expectations and Experience. Retrieved online: 

Economist Intelligence Unit. The Future of Higher Education: How Technology Will Shape Learning." The Economist. 2008. Retrieved online on GoogleDocs:

Gray, L., Thomas, N., Lewis, L., & Tice, P. (2010). Teachers' Use of Educational Technology in U.S. Public Schools: 2009. National Center for Education Statistics, Institute of Education Sciences, U.S. Department of Education. Washington, DC.

Huett, J.B., Huett, K.C., & Bennett, E. (2010). The Way of the Wiki: Using a Wiki as a Management Tool for Online Programs. Online Journal of Distance Learning Administration, Volume XIII, Number III, Fall 2010. Retrieved online:

How Can the Government Spend More Than it Brings
Words: 1100 Length: 3 Pages Document Type: Research Paper Paper #: 56402666
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U.S. Government Deficits

hy is it that the U.S. Government can spend more than it brings in through taxes and other revenue? hat are the specific reasons why the U.S. can consistently and constantly operate its programs and conduct official business while running a huge deficit? These questions and others will be reviewed in this paper.

The Deficit -- why and by how much is the U.S. In debt?

A May, 2012 article in the Economist quotes Republican presidential candidate Mitt Romney saying that the U.S. Government has "…a moral responsibility not to spend more than we take in" (Economist, 2012, p. 1). The article reminds Romney that if what he is saying is true then America is "…a thoroughly depraved and immoral country" because in 76 of the past 100 years "the U.S. government has spent more than it has taken in" (Economist, p. 1). In fact in 26…

Works Cited

Amadeo, Kimberly. (2012). The U.S. Debt and How It Got So Big. Retrieved October 31, 2012, from .

Congressional Budget Office. (2012). CBO's Major Budget Reports. Retrieved October 31,

2012, from .

Cauchon, Dennis. (2012). Real federal deficit dwarfs official tally. I. Retrieved

U S Housing Market Boom to
Words: 5097 Length: 15 Pages Document Type: Research Paper Paper #: 39295058
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(Der Hovanesian, 2010)

Increased Promotion of Discounted mortgages.

The way that subprime lending practices, and some call predatory lending practices affect the housing market has yet to be realized on such a large scale, as these tactics have always been carefully controlled by lending institutions, due in large part to their historical long-range view. Subprime lending on the other hand is fundamentally not a long-term view practice; it is a short-term tactic that is now being dealt with on a massive scale as foreclosures mount and more and more families see foreclosure looming in their future and more and more banks take on this debt, with the added burden of holding on to mortgages that far exceed the new depleted value of homes as the market corrects naturally from the housing bubble. The marketing for such subprime lending was absolutely saturated as nearly every individual was admonished to buy a…


"Construction. Country Profile. United States," the Economist Intelligence Unit Limited (2007), p42-43, Retrieved from Database Business Search Premier December 4, 2010: 

Der Hovanesian, M. (2006). Nightmare Mortgages. BusinessWeek, (4002), 79-80. Retrieved from Business Source Premier database December 10, 2010 

Gopal, Prashant (November 29, 2007) Northeast Home Prices Remain Strong. Business Week Online, 11/29/2007, p1, Retrieved from Database Business Search Premier December 4, 2010: 

Killelea, P. (Dec, 1, 2010) Housing crash continues -- it's a terrible time to buy an expensive house: Why? Retrieved December 10, 2010 from

Economic Woes Have Shook the
Words: 663 Length: 2 Pages Document Type: Essay Paper #: 81589152
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(Major Schools of Economic Thought) This theory was born from the crucible of a Great Depression and a orld ar. Chicago theorists vehemently disagreed. They made the argument that the wealth of nation's increase when the market is allowed to naturally price goods and services. Spending would unnaturally change the prices of these goods, thus changing the reaction of the market to the goods, causing a misallocation of wealth or goods.

According to the Chicago theorists, the role of a government was to make sure individual rights were not trodden upon during market interactions and to mitigate the damage of neighborhood effects. Neighborhood effects are defined by Milton Friedman, the godfather of Chicago Economists, as when, "the action of one individual imposes significant costs on other individuals for which it is not feasible to make him compensate them or yields significant gains to them for which it is not feasible…

Works Cited

Friedman, M. (1955). School Choices. Retrieved June 25, 2010 from the ROLE of GOVERNMENT in EDUCATION:

The Federal Reserve Bank of San Fransisco. (2010). Retrieved June 25, 2010 from Major Schools of Economic Theory: ? grtschls.html#a8.

Commanding Heights Questions Describe the
Words: 1171 Length: 4 Pages Document Type: Term Paper Paper #: 58046299
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Unregulated speculation in the U.S. stock market created a great crash in the financial markets that affected every corner of the globe. Global economic cooperation was essential to prevent such a worldwide catastrophe again, and without government involvement, such economic and political instability would reoccur, with devastating consequences.

In the 1970s, however, dissatisfaction with the social welfare state began to surface. Distrust with the federal government in the wake of the Vietnam ar began to rise. Nixon's attempts to instate wage and price controls and failed. Powerful trade unions in Britain brought the nation to a standstill, spurring on the rise of Thatcherism. America applauded Ronald Regan's union-busting policies regarding the air traffic controllers in America. orld economic events had demonstrated that higher inflation did not necessarily assure lower unemployment, just like the Chicago School economists had said, rather high government deficits to correct high unemployment only created a more…

Works Cited

The Commanding Heights." 2003. 12 Apr 2007. 

Yergin, Daniel Joseph Stanislaw. The Commanding Heights: The Battle for the World

Economy. 2002.

Reality of the Concept Euromanager
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" (Bawer, 2005) Thus, culture and a higher cost of going out both come into play. Europeans have more health care and social services than Americans, but they still also pay more in taxes. True, they have better public transportation as well -- but gasoline (in this oil-exporting nation) costs more than $6 a gallon.

Bawer's greatest complaint was his lack of ability to have an exciting nightlife at a decent cost, something he said that was easier in supposedly poorer Spain. But this highlights how European nations still differ in terms of what they value, either wine with friends, or a more frugal and 'saving' standard of living. However, Bawer was correct in the sense that culture and cost may fuse, when comparing Europe as a whole to other nations, as while the private-consumption figure for the United States was $32,900 per person, the countries of estern Europe (again…

Works Cited

Bawer, Bruce. (17 Apr 2005) "We're Rich -- you're not, end of story." The New York Times. Sunday Week in Review. Retrived 17 Apr 2005 at ?

Economist. (9 Jan 2004) "Plenty of crying over spilt milk." Economist Global Agenda. Retrived 17 Apr 2005 at /agenda/displayStory.cfm?story_id=2327955

Laroche, Lionel (2004) "The Cultural Differences between the European Union and North America and their Impact on Transatlantic Business." ITAP International. Retrived 17 Apr 2005 at

History of Economic Thought Provide
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In addition, he argued that human behavior is mainly based on the pursuit of material profits.

According to Smith the society could develop only in case of existence of freedom and equality. These rational principles according to Smith could stimulate objective development of society and development of economical relations. His philosophical and moral ideas of course influenced his political economy. Smith's political economy based on freedom of competition and Smith principles of political economy based on the natural needs of developing capitalist society of Great Britain in many respects defined the economical policies of the major 19th century capitalist states.

3. Provide a sense of the historical context and the nature of the main debates in political economy during the first quarter of the 19th Century in Britain and how these debates shaped the complexation of early classical economic thought.

At the beginning of the nineteenth century there still existed…

Agricultural Economics There Are Several Areas of
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Agricultural Economics

There are several areas of concern for agricultural economists, when they look towards the future. Some of these areas of interest are nutrition & health, the possibility of using food products for other uses than consumption and genetic adaptation of crops. However, three major interests of agricultural economists are the supply of food available, farm productivity and profits and agriculture production that will be friendly to the environment.

The availability of food supplies in the world is a primary interest and concern for agricultural economists. In an article by Lester Brown, he compares our use of the natural resources to the use of an endowment, which we have now started to utilize in addition to the interest and this leads to bankruptcy. He states, "By satisfying our excessive demands through overconsumption of the Earth's natural assets, we are in effect creating a global bubble economy" (Brown 1). Several…

Works Cited

Brown, Lester. "Deflating the World's Bubble Economy." USA Today Magazine. Nov. 2003:

Funding for Farmers is a Tough Row to Hoe." EconSouth 22. March 2003: 1-5.

Lee, John. "Can Agriculture economists contribute to good public policy? - Farm Bill 02."

Choices: The Magazine of Food, Farm and Resource Issues, Fall. 2002: 1-3.

Psychological View of Investment &
Words: 1828 Length: 6 Pages Document Type: Essay Paper #: 44339313
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" (Grabel, 2004) Good institutions serve as the basis for economic growth due to right market-based and market-guided incentives being created which include those stated in this study and specifically: (1) rule of law; (2) competitive markets; (3) low taxation (4) noninflationary monetary policies; and (5) free trade. (2002) Good institutions serve to "Foster other cultural patterns of conduct, hard work, savings and industriousness, honesty and trustworthiness, creativity, and self-responsibility. These are the bases of the wealth of nations." (Easterly, 2002; as cited in: Ebeling, 2002) These tools are helpful in avoiding and mitigating economic risks in development.


Easterly, W (2002) the Elusive Quest for Growth: An Economists Adventures and Misadventures in the Tropics (Cambridge, MIT Press) Chapter 2

Krueger, a.O (1998) Why Trade Liberalization Is good for Growth, Economic Journal 108

Demetriades, P. And Hussein, K.A (1996) Does Financial Development Cause Economic Growth? Time-Series Evidence From 16 Countries,…


Easterly, W (2002) the Elusive Quest for Growth: An Economists Adventures and Misadventures in the Tropics (Cambridge, MIT Press) Chapter 2

Krueger, a.O (1998) Why Trade Liberalization Is good for Growth, Economic Journal 108

Demetriades, P. And Hussein, K.A (1996) Does Financial Development Cause Economic Growth? Time-Series Evidence From 16 Countries, Journal of Development Economics 51, pp387-411.

Grabel, I. (2003) International Private Capital Flows and Developing Countries, in H-J. Chang (ed.) Rethinking Development Economics, London: Anthem Press.

Economic Logic
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ewarding Work: How to estore Participating and Self-Support to Free Enterprise (Harvard University Press, 197), economist Edmund Phelps offers this plan to help the working poor: apply tax credits for "qualified employers" or hire disadvantaged people for "eligible jobs." Evaluate this plan in terms of market incentives, one of the ten principles of economics, to work and current welfare programs. Is the Phelps' plan an improvement over current government policies? Discuss.

Lowering a company's tax bill will generally always be effective in causing them to invest more money in expanding which usually means more hiring. However, it is not a panacea, as the recent economic incentives have proven. As of late, firms have received a number of tax cuts but there has also been the passing of the Dodd Frank financial reform bill as well as ObamaCare, both of which (ObamaCare in particular) is clearly making employers cool to hire…


Bernard, T. (2012, February 27). New York Times. FHA Raises To Fees On Mortgages.

Retrieved November 13, 2013, from business/" 


Morgenson, G., & Story, L. (2009, December 23). Banks Bundled Bad Debt, Bet Against

Trade Act of 1974 on Euro Exchange
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Trade Act of 1974 on Euro exchange rates?

Free Trade has been a key agenda for the past three presidents. In an expanding global market, tariffs and trade policies are more important today than they have been in the past. More and more countries are forming alliances such as the North American Free Trade Agreement (NAFTA), the Asian Alliance, and the European Union (EU). These trade agreements are meant to level the playing for all countries, both industrialized and emerging countries.

President Bush's trade policy is aimed at helping to generate American jobs, open markets to American products, and provide economic growth. Sometimes massive increases in imports can have a devastating effect on U.S. industries. [This has been the case for the U.S. steel Industry and is the issue addressed in Section 203 (B) (1) of the Trade Act of 1974. Foreign steel makers have had the luxury of government…

Works Cited

Arnold, James. Steel sector stares into the abyss. BBC March 6, 2002. . Accessed April,


Arnold, James. Steel spat could mean wider worries. BBC March 6, 2002.

Slavery Among Women and Children
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Globalization and Social/Human Injustices

Human slavery/sex trafficking

The menace of slavery and trafficking for purpose of sexual exploitation is a menace that greatly neglected or not talked about by the high and mighty yet it is a problem that ravages families on a daily basis. Across the globe, there are people who benefit from the modern day slavery and there are countries that act as source, most of them being the underdeveloped nations where poverty is high and unemployment is also significantly high. These two factors when combined, often push affected families to willingly or otherwise let go of their daughters into the forced labor or sex slavery in more developed nations. The women and children are the most affected groups in the slavery business since they are the most vulnerable in the society. Against the common belief that slavery is obsolete, the opening up of more borders and easy…


Buchholz T.G., (2007). New Ideas from Dead Economists. An Introduction't Modern Economic Thought. Retrieved December 10, 2014 from

French H.W., (2013). The Not-So-Great Professor: Jeffrey Sachs' Incredible Failure to Eradicate Poverty in Africa. Retrieved December 10, 2014 from 

Gates Foundation, (2012). Theo Sowa: We Need the Voices of African Women-TEDxChange. Retrieved December 10, 2014 from 

ForaTv, (2008). Muhammad Yunus: The Social Business Model. Retrieved December 10, 2014 from

Diamond Water Paradox Economics General
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Differentiations are always brought up by the contemporary mainstream economists and their theories regarding ontological questions and assumptions or mere recognition regarding conformity of preference structures regarding some rules can be approximated usefully. This is done by the commodities' association or there quantities uses. Taking into account that preference can as well be taken as a usefulness determinant, departing of this conception from the usefulness concept should not take place. Different marginal utilities may occur for diverse people regarding same object for any customary conception.

Market price and diminishing marginal utility

In a case whereby the stock flow or the flow of goods and services in a country is of lower marginal utility as compared to the commodities that the same country trade for with other country, then decision to affecting that trade is only upon the country. Evidently, business transaction involves a case of exchange of goods whereby there…

Venkatesh, B. (2003). The diamond-water paradox. Retrieved August 31, 2010, from 

Yousuf, D (1996). Adam Smith and the division of labour. Retrieved August 31, 2010, from

Demand Macroeconomics 'It's an Ill
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Thus it was confidence ebbed that had ebbed actual income. The Hiscox Wealth eview of 2009 found: "The recession has left its mark on the psyche of the Working Wealthy with a lack of confidence impacting their perceptions of wealth and appetite for risk. Whilst two in five (41%) say the recession has not had an impact on the amount of money they have to spend, almost an equal number (44%) say they are fearful of the future" (PN Newswire, 2009). But, observed Vanity Fair reporter tartly: "Most 60-year-old ex-Lehman Brothers bankers likely squirreled away enough to at least scrape by on a couple of million a year" (Shnayerson 2009, p.3). If they did cut back, it was in relatively minor ways: "Why should I pay $250,000 for a private plane," said one man to the magazine "when I can pay $20,000 to fly commercial first class" (Shnayerson 2009, p.1).…


Beattie, Keith. (2009). Industries that thrive on recession. Investopedia.

Retrieved December 10, 2009 at 

Besharov, D., & Call, D. (2009). Income transfers alone won't eradicate poverty.

Policy Studies Journal, 37(4), 599-631. Retrieved December 10, 2009, from ABI/INFORM Global. (Document ID: 1905094061).

Statewatch Nevada Wheel of Fortune
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fter all, Nevada -- especially Clark County -- experienced astronomical growth during the good years preceding the crisis, and the correction during the current lean years will necessarily be of the same proportions. Still, the article makes it clear that things will not be looking up for Nevada -- or the rest of the country of which Nevada is currently a good indicator -- for some time. Other issues complicating Nevada's recovery are detailed, such as a diversifying population with different needs and political demands, and the increasing face of lawlessness that the state and its central city promotes (such as in the "what happens in Vegas stays in Vegas" campaign) which dissuades some potential businesses from moving to the state. In general, however, this article focuses on the numbers of the situation, and does an excellent job of detailing the causes of the current financial meltdown.

Economist. (2009). "Wheel…

According to this article in the Economist's February 5th print edition, fewer American states are suffering more than Nevada, and that is largely due to the fact that Nevada was archetypal in the causes of the current financial crisis (Economist, 2009). Heavy development of both casinos and large, expensive homes in the suburban areas of Las Vegas was fueled in the past few years by cheap credit and the misguided belief that the good times could never end -- a belief that seems to accompany every economic bubble (Economist, 2009). Not surprisingly, reality disagreed with the belief of the developers and their investors; Clark County, which contains Las Vegas and 70% of Nevada's population, suffered one of the highest home foreclosure rates in the country during 2008. As part of the fallout, home prices in the area have fallen by over forty-one percent, and still show no signs of stabilizing anytime soon (Economist, 2009).

Many in the state claim that the figures make the situation look worse than it is, however. After all, Nevada -- especially Clark County -- experienced astronomical growth during the good years preceding the crisis, and the correction during the current lean years will necessarily be of the same proportions. Still, the article makes it clear that things will not be looking up for Nevada -- or the rest of the country of which Nevada is currently a good indicator -- for some time. Other issues complicating Nevada's recovery are detailed, such as a diversifying population with different needs and political demands, and the increasing face of lawlessness that the state and its central city promotes (such as in the "what happens in Vegas stays in Vegas" campaign) which dissuades some potential businesses from moving to the state. In general, however, this article focuses on the numbers of the situation, and does an excellent job of detailing the causes of the current financial meltdown.

Economist. (2009). "Wheel of fortune." Retrieved 9 February 2009. /world/unitedstates/displayStory.cfm?story_id=13061481&source=hptextfeature

Iscm globalisation Globalisation and Capitalization in
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On one hand, international service companies will increase the original price of the company, mainly because to the original demand, now one will also need to add the additional charges of the international service companies, acting as intermediaries. However, on the other hand, it is more viable for the original producing companies to outsource, due to a lower opportunity cost.

Again, this type of judgment is functional in a non-transnational economy as well, but in an international context, one tends to have an atomicity of potential international service providers, outsourcing can be extended virtually to no limits and, additionally, the overall costs of the producing company are likely to be much smaller. As shown, this only works in an international capitalist system, where supply and demand work freely on the market, only then is the producer looking for the lowest costs for his company in a global context and only…


Maitra, P., 1997, Globalization of Capitalism, Agriculture and the Negation of Nation States, International Journal of Social Economics, Vol. 24, Issues 1/2/3, pp. 237-254, MCB UP Ltd.

Mehmet, O., 1996, on Globalization and Capitalization, Managerial Finance, Vol. 22, Issues 5, pp. 31-40, Barmarick Publications

May 2, 2002, Globalisation under Scrutiny, the Economist

September 27, 2008, Globalisation and Its Critics, the Economist

Michael Dell's Influence on Dell
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His leadership has also led to the build-to-order strategy becoming an exceptionally profitable manufacturing strategy across dozens of industries.


Buffington, J. 2011, "Comparison of mass customization and generative customization in mass markets," Industrial Management + Data Systems, vol. 111, no. 1, pp. 41-62.

Dell Investor elations (2012). Investor elations. etrieved February 23, 2012 from Dell Investor elations and Filings with the SEC Web site:

"A revolution of one: Michael Dell invented a business model that all the world wanted to copy; yet after all these years, almost nobody has; why?," 2001, Economist, vol. 359, no. 8217, pp. 63-63.

Dell, M.S. 1994, "Making the right choices for the new consumer," Managing Service Quality, vol. 4, no. 2, pp. 22-22.

DellIsola, M.,D. 2002, "Impact of delivery systems on cost management," AACE International Transactions,, no. 15287106, pp. PM31-PM36.

Gama, J. 2006, "What Could Be the Solution?," AmericaEconomia,, no. 327, pp. 69-71.…


Buffington, J. 2011, "Comparison of mass customization and generative customization in mass markets," Industrial Management + Data Systems, vol. 111, no. 1, pp. 41-62.

Dell Investor Relations (2012). Investor Relations. Retrieved February 23, 2012 from Dell Investor Relations and Filings with the SEC Web site: 

"A revolution of one: Michael Dell invented a business model that all the world wanted to copy; yet after all these years, almost nobody has; why?," 2001, Economist, vol. 359, no. 8217, pp. 63-63.

Dell, M.S. 1994, "Making the right choices for the new consumer," Managing Service Quality, vol. 4, no. 2, pp. 22-22.

Spain Located in Europe Is
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Spain is rich in tradition and culture, but it is important to note that this diversity is the product of centuries of war and conflict. From her early beginnings, Spain has been a rift of conflicting religious and political ideas, and those characteristics are present in every aspect of Spanish life today. Historically, the path from religious persecution to independence has been a journal of religious and political differences. Those political differences have lead to a varied and unique political system, which combines monarchy with a democratic government. Finally, the culture of Spain is an obvious representation of the religious history and conflicting cultures, displayed by the Carnival festivals and the wide variety of cultural traditions, such as bullfighting and the Flamenco. These combinations of cultures combine to effectively form one of the most diverse cultures in the world today.


Bureau of European and Eurasian Affairs. (2005). Spain. etrieved…


Bureau of European and Eurasian Affairs. (2005). Spain. Retrieved April 19, 2005 from U.S. Department of State. Web site: .

Caruana, J. (2005). Political Structure. Retrieved April 19, 2005 from Web site: /countries/Spain/profile.cfm?folder=Profile%2DPolitical%20Structure.

Central Intelligence Agency (CIA). (2005). Spain. Retrieved April 19, 2005 from the World Factbook. Web site: .

Economist Intelligence Unit. (2004). Political Forces. Retrieved April 19, 2005 from Web site:

Brics There Is a Tradeoff Between the
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There is a tradeoff between the opportunity in a market and the risk of that market. The tradeoff between risk and reward can be seen most clearly with the comparison between the United States and the developing market countries. The U.S. has the best credit rating -- a relatively imperfect measure of market risk since it only truly reflects the risk of default on sovereign debt -- and the highest score for business environment. The U.S. also has, however, the lowest expected future GDP growth rate. Thus, the ideal BRIC nation to enter would be one that has the lowest risk and highest growth rate, but given that they all have roughly the same risk, the growth rate is probably going to be the best option for market entry.

The PDI is an important consideration, since the different markets differ in their composition. hile the EIU 5-year forecasts required…

Works Cited:

Economist Intelligence Unit modules:

Brazil, retrieved from 

China, retrieved from 

India, retrieved from

Objectivity News Organizations Are a Critical Source
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News organizations are a critical source of information, and as such should be held to the highest standards of objectivity. News organizations that promote specific agendas, or attempt to entertain, should cease to present themselves to the public as news agents and be honest about their motivations and methods.

The desire for objective voices in the news is a longstanding one. In 1967, the Public Broadcasting Act required "strict adherence to objectivity and balance in all programs or series of programs of a controversial nature." (H., 1975). Canada has a law that insists news broadcasts deal only in factual information, with no conjecture or misrepresentation, thus preventing news agencies from promoting specific agendas. Proponents of such laws, and of objectivity in news in general, point to the role that news agencies play as the "fifth estate," a public service role to provide information that the public can then digest…

Works Cited:

The Economist. (2011). The Foxification of news. The Economist. Retrieved April 13, 2012 from  

Development and Composition of German Government
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GERMANY & COMPOSITION OF GOVERNMENT. The research focus CURRENT ( year ) developments composition government. Preferred Resources: 1)The Economist 2) BBC News .

Development and Composition of German Government

Federalism is a key feature of the political system of Germany and its governance. Federalism dates back in the period after orld ar II when Germany was under the leadership Prussians. At this time, "Germany" consisted of a patchwork of states. These states formed the "Old Empire" (Altes Reich) with a common institution, the so-called Immerwahrender Reichstag in Regensburg (1663 -- 1806), composed of representatives of the respective territories. Its key features were power-sharing, bargaining and compromise-seeking (Kitschelt and olfgang 16).

Following the dissolution of that Empire in 1806, 39 territories formed, under Napoleon's protectorate, the Rheinbund (Rhine-Confederation) which was unwieldy and inefficient. The Vienna Congress in 1815 established, the confederal Deutscher Bund, as successor of the Old Empire and with…

Works Cited

Kitschelt, H., and S. Wolfgang. "Germany: Beyond the Stable State (Special Issue),, 26:4." West European Politics 26.4 (2010): 12-26. Print.

Scarrow, Susan. "Party Subsidies and the Freezing of Party Competition: Do Cartels Work?" West European Politics 29.4 (2010): 619-39. Print.

Streeck, Wolfgang, and Thelen. Kathleen. . Beyond Continuity: Institutional Change in Advanced Political Economies (Eds). Oxford: Oxford University Press, 2005. Print.

The Economist. "Ready for a Bush Hug " The Economist 2006: 15-19. Print.

Economics the Industrial Age Was an Age
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The industrial age was an age of giant, mega corporations that were often bogged down by inefficient and outdated distribution, innovation, and production techniques. y contrast, the information age of the past 20 years or so has brought forth a new business form, a fluid congregation of businesses, sometimes highly structured, sometimes amorphous, that come together on the internet to create value for customers and wealth for their shareholders. This phenomenon has been commonly referred to as "digital capital," "information technology revolution," or "new economy." However, as both the Dow Jones Industrial Average and the Nasdaq soared to historic highs and record volatility in just a few short years, a widespread and quite fundamental disagreement emerged concerning whether or not the high-tech boom was nothing more than one huge bubble.

This paper analyzes and examines the present condition of the United States economy. Part II discusses what phase of…


Bedroussian, Armen, Devol, Ross C., Fogelbach, Frank, Goetz, Nathaniel H., Gonzalez, Ramon, R., and Wong, Perry. "The Impact of September 11 on Metropolitan Economies." January 2002. Retrieved at Report.pdf on July 21, 2002.

Jordan, Meredith. "Economists: Turnaround in Early 2002." Retrieved at . onJuly 21, 2002.

Moore, Geoffrey H. Business Cycles, Inflation and Forecasting, 2nd edition, 1983. Ballinger Publishing Co., Cambridge, MA.

EconEd Link." Retrieved at  21, 2002.

Economics the Keynesian Would Argue
Words: 777 Length: 2 Pages Document Type: Essay Paper #: 17997396
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4. The role that the FDA plays in setting food safety requirements is inherently costly to the economy. The function is not based on economic concerns but rather public health concerns -- the FDA's mandate dates to Congressional concern about the Elixir sulfanilamide disaster and traces its roots to Upton Sinclair's The Jungle, which documented meat production in Chicago at the turn of the 20th century (, 2009). Thus, decisions about FDA regulations are not made on the basis of economic good, but rather public good. Increased regulations would impose increased costs on business. In classical economics, these costs would act as a form of tax, increasing risk and discouraging investment. Eliminating these requirements would lower these costs, which would allow for an expansion of the food business. It could be argued that the threat of litigation today would counterbalance the need for regulations, but that claim has not been…

Works Cited:

Roubini, N. (1997). Supply side economics: Do tax rate cuts increase growth and revenues and reduce budget deficits? Or is it voodoo economics all over again? Stern School of Business. Retrieved April 24, 2010 from

No author. (2010). Classical economics. Retrieved April 24, 2010 from

McCallum, B. (2008). Monetarism. Concise Encyclopedia of Economics. Retrieved April 24, 2010 from (2009). FDA history part I. Food and Drug Administration. Retrieved April 24, 2010 from

Learning From Organizational Economics Over
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This is because it runs counter to their strategies. These distinctions are important, as it highlights how this concept would not be accepted, based upon these differences.

The effects of incorporating organizational theory into organizational economics

When you are incorporating organizational theory into an entity, there will be a number of different positive effects to include: improved cooperation and trust. This is important, because it shows how the organizational theory is having an impact upon economics, by changing the way administrators are dealing with organizational issues (which will have an impact upon spending and revenues received).

The effects of empirical research performed by organizational economists

The effects of empirical research are: that economist have been focused on the economic aspects of the theory vs. The organization itself. This is important, because it highlights how many administrators can face challenges as economic theories are providing a general view, about how to…


"Partial Equilibrium Analysis." Business Dictionary. 2010 

Barney Jay. "Learning from Organizational Economics." Organizational Economics Theory. 263 -- 267. n.d.,

Small Julie. "California Supreme Court Upholds Worker Furloughs." SCPR. 4 October 2010 

Chicago Format.

Articles by Julie Nelson Gabrielle
Words: 2174 Length: 7 Pages Document Type: Essay Paper #: 80226703
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Feminist economists can broaden our understanding of economic processes and institutions by exploring the ways in which people's economic opportunities, choices and constraints are influenced by their multiple and often contradictory social locations. Examining the ways in which ostensibly universal categories are constituted by oppositional dualisms can reveal the ways that false universalism naturalized and reproduces social hierarchy and inequality. Finally, taking gender seriously, as well as other significant dimensions of collective identity, will result in less partial and less distorted accounts of people's actual lives in all their many varieties. This can lead to economic theorizing that illuminates economic realities and facilities socially progressive policy analyzes (Burnett, 1999).

Value is the most important word to understand an economic and non-economic context. The word means to be strong or worthy. In purely economic terms is refers to the amount of some commodity, medium or exchange which is considered to be…


Baden, Sally. (1999.). Gender, Governance and the 'Feminization of Poverty'. Retrieved

October 3, 2009, from Web site:

Burnett, Nancy J. (1999). Commonwealth of Australia. New York: New York Press.

Consumer Product and Describe Both
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The concept of the multiplier effect is closely related to the concept of marginal propensity to spend and consume. Marginal propensity can be understood as the increase in personal consumer consumption and saving that occurs with an increase in disposable income. When fiscal policy creates more disposable income for a family, the concept of marginal propensity predicts how much more they would be save and spend. Thus marginal propensity predicts the actual impact of fiscal policy when it is enacted and thus it can calculate the multiplier effect.

Prepare an essay describing Keynesian economic theory. Be sure to fully explain what is being critiqued and why. You should also be clear on why you find this particular critique so compelling. (600 words).

Keynesian economic was developed in the 20th century by the British economist John Keynes. Keynesian economics is basically a reinvention of classical economic theory, it focuses upon a…

Pigou's Contributions to Microeconomics Although
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Expectations, according to Pigou, could be actual concerns regarding real factors, but could also themselves be a source of fluctuations independent from any other factors (Collard 1983). Pigou also believed that 'psychological causes' had the potential of persisting to the point that the system would be unable to attain equilibrium, and expectations may therefore be formed that address genuine uncertainties (Collard 1983). Forecasting errors, according to Pigou, were deserving of attention, due to their addictive and multiplicative effects (Collard 1983). Pigou believed that eliminating errors resulting from expectations, such as optimism or pessimism, could reduce industrial fluctuations by approximately 50% (Collard 1983). It is noted by Collard (1983) that Pigou's assessment of the effects that expectation has on the economy are more thorough than anything similar put forth by Marshall.

The opposition Pigou had against Keynes later developed into the formulation of the Pigou effect or real balance effect, which…


Aslanbeigui, Nahid. 1996. The cost controversy: Pigovian economics in disequilibrium. The European Journal of the History of Economic Thought 3(2): 275-95.

Aslanbeigui, Nahid. 1997. Rethinking Pigou's misogyny. Eastern Economic Journal 23(3): 301-313.

Collard, David. 1983. Pigou on expectations and the cycle. The Economic Journal 93: 411-14.

Ledebur, Larry. 1960. The problem of social cost. The American Journal of Economics and Sociology 89: 874-88.

Economic View of the Death Penalty in
Words: 1248 Length: 4 Pages Document Type: Essay Paper #: 64823884
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Economic View of the Death Penalty

In 1972, The U.S. Supreme Court ruled in the case of Furman v. Georgia that the death penalty, as applied in three capital cases in the state of Georgia was "cruel and unusual punishment and in violation of the Eighth and Fourteenth Amendments. (Hastings and Johnson, 2001, paraphrased) A mere four years later the state of Georgia was once against before the Supreme Court in the case of Gregg v. Georgia, a case in which the decision handed down by the court found that the death penalty was in fact constitutional. (Hastings and Johnson, 2001, paraphrased) The objective of this study is to examine the practice of the death penalty from an economic perspective. Towards this end, this study will examine the literature in this area of study. According to a recent report there are several states considering abolition of the death penalty including…


Dieter, Richard C. (nd) What Politicians Don't Say About the High Costs of the Death Penalty. Retrieved from:

Donohue, John J. And Wolfers, Justin (2004) The Death Penalty: No Evidence for Deterrence. Economist's Voice. April 2004. Retrieved from: (BEPress).pdf

Hastings, L.J. And Johnson, Allan D. (2001) The Illusory Death Penalty: Why America's Death Penalty Process Fails to Support the Economic Theories of Criminal Sanctions and Deterrence. 2001 University of California, Hastings College of Law Hastings Law Journal. Retrieved from:

Saving Lives and Money (2009) The Death Penalty. The Economist. 12 May 2009. Retrieved from:  

How Traveling and Tourism Contribute to U S Economy
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Travelling and Tourism contributes to U.S. Economy

How travelling and tourism contribute to U.S. economy



United States Department of Commerce

Commerce Department Data Show U.S. Travel and Tourism Exports Contributed $87.1 Billion to U.S. Economy in First Six Months of 2013

The official website of the U.S. Department of Commerce takes keen interest in finding who enters the country for the purpose of traveling and tourism and what is the impact of traveling on the economy of the country. The department oversees International Trade Administration. It is found that the international investors contribute multibillions to the economy of country every year. During the month of June this year, the international investors contribute about $14.6 billion. The contribution is increasing every year and from June 2012 to June 2013, the investment increased about 5%. The role of international travelers and tourists is positive on the economy of USA. Only…


Guido, C., and Paolo, F. "The Economics of Tourism Destinations," Springer. (2012).

International Trade Administration. Year-to-date U.S. travel and tourism exports contribute $72.6 billion to the U.S. economy, (2013). Retrieved from: 

Independent. Keeping nine per cent rate good for jobs, tourism and economy, (2013). Retrieved