Economics

Fiscal Policy is the economic term that illustrates governments' behavior in raising funds in order to be able to finance governments' spending. Money can be raised by taxes, borrowing, or by user fees on social services.

Are You Ready For The Next Global Depression

Oil and gas is fueling our economy and the world. Oil and gas is fueling our global warming woes. We need to make a choice now. Our climate, or our economy.

Economic, Environmental, and Social Alchemy

Current System: “Trash” goes to land-fills; the “guilty” go to prisons: both generally just sit there as the rejects of society and economics. Problem: We don’t re-use 3/4 of our waste and we don't re-use 3/4 of the manpower of our low-class citizens and inmates. There is very little going on right now to change that besides this program. Solution: Put both of these to use and encourage them start finding a new purpose in material use and life.

Fairtrade Fortnight Special: Shopping For a Better World Part 2

There are three different kinds of company - the alternative, the altruistic and the renegades. The interaction and relative commercial success of these different types of company are at the heart of the battle for the future market.

Race and Social Class

In American society, issues of race and social class are entwined together like a chain of DNA. One cannot have an honest discussion about race without looking at the equally important issue of class since the two are closely linked.

Global Warming Means No More Oil From Middle East Needed

Global warming means that the United States can no longer burn oil, fuel or gasoline that comes from other Middle Eastern countries. We are going to stop buying them altogether and these countries will economically collapse forever and be reduced to roaming nomads in the hot deserts as they run out of water and a scorched earth will not produce any agriculture.

Microeconomics: The Choices We Make

Microeconomics is part of almost everything in our daily lives. It focuses on the individual parts that make up a market for individual goods and services and the sub-elements of those markets, such as the consumers for individual products and the individual companies that produce, manage or transport those products; and how these elements affect and are affected by the market. It determines where we live, the food we eat, our place of employment, education, and our recreation choices.

Increasing Economic Growth Benefits and Costs

In the UK the average growth rate has been about 2.5% since 1945. Governments often try to increase the growth rate because it will have various advantages. However at the same time increasing the rate of economic growth can have severe economic and environmental costs

Animal Poverty and Human Poverty

A new look at The Principle of Population of Thomas Malthus and its claim that poverty is necessary and is good. Must the world human population always press on the food supply and maintain poverty like wild animal populations ?

American Project

There were several housing projects built in Chicago between the forties and the fifties but the most notorious of the housing projects built by the Chicago Housing Authority were The Robert Taylor Homes, Chicago's and the country's largest housing project.

Will the New Apple iPhone Cause Poverty?

There is a naive belief that, as the rich get richer, they consume more of the world's resources and – in so doing – leave an ever dwindling amount of stuff over for the poor.

Should One Practice Anti-Trust Law to Insure the Free Markets Prevail?

As the operator of an Online Think Tank we spend quite a bit of time discussing Free-Markets and forms of government such as Capitalism and Communism, Socialism and Dictatorships and how all of it is so intertwined in World Markets.

Interest Rates in UK - What Will Happen in 2007

On January 17th 2006 the MPC raised interest rates to 5.25%. The decision to raise interest rates, was seemingly justified a couple of days later, when inflation rose to an 11 year high of CPI 3%. This is on the edge of the governments inflation target of 2% +/-1. Although inflation is low by historical standards the MPC will be keen to move inflation back to its inflation target and maintain the strong credibility of monetary policy. Thus with inflation currently above its target the likelihood of interest rates rising is quite strong. Higher interest rates will dampen demand and hopefully keep inflation in check.