Managing the economy Argentina’s Marked Decline: Government Failure vs Predatory Capitalism Government failure that were consistent in nature vs predatory capitalism were largely responsible for the failure of Argentina's economy.
Managing the economy Why is Turkey a Bad Economy? In the last ten years, the Turkish Lira (TRY) has lost its value against the US Dollar by approximately 1400%.
Definitions Disadvantages of Socialism An economic system in which every person in a community has an equal share of the various components of resources is called socialism.
Definitions Natural Unemployment Formula The minimum unemployment that occurs in a well-functioning economy if there were no cyclical unemployment is called the natural unemployment.
Managing the economy Rising Federal Debt in the U.S. Will Degrade the Dollar or Degrade Government Efficacy The national debt will have adverse effects on the standard of living within the United States, regardless of how it is tackled by the U.S. government.
Managing the economy German's Rurh Valley: A Masterfully Planned Regional Economy Rurh valley is a well planned economic zone
Definitions Pros and Cons of Universal Basic Income (UBI) An unconditional cash payment that is given at regular intervals by the government to all residents in a country is called UBI.
Definitions Central Planning Central planning means the total body of government actions to organise, regulate, and coordinate directions of national economic development.
Definitions Dependency Ratio Definition The proportion of the population of dependents in comparison with the population of the working age is called the dependency ratio.
Global economics Did Food Prices Increase during the Great Depression? Typically, food prices are fairly stable in a recession. But when recession is very deep, it leads to deflation and falling food prices.
Managing the economy Does the US President Control Inflation? Recently, in the US presidential debate, the former President Donald Trump put blame on President Joe Biden for the high rate of inflation.
Global economics Why Economic Sanctions Have Historically Never Worked to Achieve Their Aims Sanctions have historically never worked and have actually served to further entrench the government in place.
Managing the economy Government Price Setting vs. Price-Gouging Laws Government intervention in the market is considered important by many people who believe it serves to protect the consumer and promote equity. Governments control prices using two major methods which include setting or through legislation that prohibits price gouging. The aims of these two methods as they regulate prices for
Managing the economy Analyzing Russian Economic Resilience in the Post-Sanctions Era Russian economy is more resilient than western policy planners understood when levying sanctions.
Factors of production MITI and the Economic Development Miracle of Japan MITI is the chief cause of the economic miracle of Japan post WW2.
Managing the economy Analyzing Greedflation's Contribution to Inflation in the U.S. 2021-2024 Greedflation is a phenomenon that has contributed to the inflation in the US, however high inflation sectors account for a larger portion of overall inflation.
Managing the economy Government Spending Divorced From Economic Multiplier Effects Government economic policy largely does not take into account the multiplier effect of its spending, though this would on its face appear to be the most logical method to apply.
Managing the economy Housing Shortages and Canada's Rental Controls Canada's real estate laws regulating property owners is the chief reason for the country's housing shortage.
Forex Trading AI Penetrates Retail Currency Trading As More Products Become Available AI trading bots proliferate among retail currency traders as the AI technology continues to improve.
Definitions Capital Accumulation The process of obtaining additional capital stock that is used in the production of goods or services is called capital accumulation.
Definitions Automatic Stabilisers Automatic stabilisers are the taxes and government spending that change automatically to offset the fluctuations in a country’s real GDP.
Definitions Core CPI vs CPI The change in the general price level of goods and services, except food and energy, is called core inflation.
Behavioural economics Bayesian Persuasion and Information Design: How Free Audits Shape Client Decisions Free audits use Bayesian persuasion—framing data to shift client beliefs and drive purchase decisions.
Business economics Unpaid Invoices: The Hidden Crisis Facing UK Small Businesses Unpaid invoices strain UK SMEs’ liquidity, disrupt the working capital cycle, and slow economic growth.
Managing the economy Many Sanctioned Economies Are Unaffected Largely Due to Decentralized Commerce Powered by the Web Decentralized commerce creates the perfect tools to deal with sanctions imposed on economies. Russia, Iran and other countries are a perfect case study.