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Economics

Human Evolution In Comforts

Food, clothing and shelter; these are the things that man cannot live without.


Necessities, Comforts And Luxuries: Differences And Changes Over Time

Contrary to what many may believe, necessities, comforts, and luxuries are not the same. Necessities are needs, whereas comforts and luxuries are wants. What we need is not necessarily the same as what we may want and visa versa.


Now The World Needs to Learn to Compete and Cooperate

Recently the very wise Henry Kissinger outlined the past history of WW I and the Cold War and then philosophized on what needs to be done with regards to the coming together of Eastern and Western Culture. Although I am sure not many people picked it up in his interview, the message he summarized in one sentence towards the end was clear and it is correct;


Micro Economics-Intellectual Property and US-Chinese Relations Considered

How can some cities compete in World Markets when they price themselves out of the market due to local microeconomics, which drive costs sky-high? Take for instance Silicon Valley and the costs to do business there and the World Market they compete in to sell their software and technology.


Milton Friedman and Plato; Can We Really Compare?

Not long ago our Online Think Tank had considered the perfect Utopia and all the philosophical debates from Plato's Republic and Atlantis to Thomas Jefferson to Milton Friedman. In fact we took a gander studying many civilizations such as the Byzantine Empire, Aztec Civilization, Greeks, Romans, Chinese Dynasties and well you get the idea. We study economies, trade routes, slavery, colonization, Dictatorships, Communism, Feudalism, Socialism and present period first world nations.


Social Changes In Modern Turkey

Modern Turkey has greatly been influenced by the Western world. However, it has still remained some unique samples of social changes which can be referred to the Turkish society only.


Taps Instead Of Taxes-Free Trade And Globalization Has Made U.S. Tax Codes Obsolete

Governor Arnold Schwarzennegger of California calls for universal health care and gives some interesting ideas on how to pay for it. Competition in the Global arena may require the USA to consider universal health care to remain competitive in the free market that has gone haywire. Taxes should be converted to transaction fees or call them Taps. In essence tariffs have been taken off products and put on workers and work itself. It is impossible to compete in a global arena if the work day, workers and labor are taxed directly.


The Other Losing Battle-Africa's War On Talent

If you ever wondered who all those people are sitting behind notebook computers enjoying cups of coffee and having long discussions are – those are the most talented at work.


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.


Toys Market Environment In China

The number of young kids under the age of 14 and infant, toddler and preschool in China is over 300,000,000, accounting for 25% of the whole population. Among them 80,000,000 live in the city, which form a large numbers of toy consumption.


American Way Of Thinking

American minds are inclined to think in the manner which perfectly reflects American history and culture.


American Policy And China

China's increasing power necessitates a reassessment of U.S. foreign policy toward China. The most fundamental U.S. interest in the region is the prevention of Chinese hegemony. For the present, the United States is the pre--eminent military power in East Asia. Assuming we do not alter our current deployment plans, this will remain the case for at least ten years. But a long-term perspective is..


Inflation Strikes Treasure Hunters' Dream House Find

Long ago there was a treasure-hunting magazine with an article about a house that was being remodeled. It was an old house built at the turn of the century. Construction workers had removed all of the old appliances and then began ripping out the old plaster and lathe. As one wall was being ripped out, small bundles, wrapped in aged white linen cloth came tumbling out. Workers opened the bundles and were stunned at what they found.


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