Economists
Essays

A federal minimum wage was first set in 1938. The Fair Labor Standards Act (FLSA) establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting full-time and part-time workers in the…

Global Finance and Protests in Opposition

¶ … Ben 'do the right thing?' Why Fed Chairman Ben Bernanke's monetary policy was correct in the wake of the credit crisis -- but he should not have been chosen Time Magazine's person of the year

It strange, though kind of comforting, to think of the many things in our lives that math in general and algebra specifically are so involved in. Strange because we don't often have to do the mathematical operations…

To begin, customers are the central component of any successful business. A relentless approach to customer satisfaction is what has created some of the world's greatest companies. To be successful, corporations must address a specific need by a customer, and satisfy that need better than the competition. As such, investors prosper as the companies they own perform well for the customer. This is the only manner in which investors can prosper. If customer needs are not being adequately addressed, the investor suffers as consumers leave to a competing firm. Therefore, it is my belief that John McKay is correct in his assertion that companies must put customers ahead of investors

¶ … bribing" unethical and illegal or just a cost of doing business?

Progressivity, Efficiency, and Simplicity

Charles Tilly defines social movements as a series of contentious performances, displays and campaigns by which ordinary people made collective claims on others [Tilly, 2004]. For Tilly, social movements are a major…

¶ … local central African banks: Burundi, Rwanda & DRC can learn from the way European banks operate

When Capitalism Strikes Back: The Issue of the United States' Foreign Debt to China and Economic Turmoil