Minimum Wage, Minimal Thinking

If minimum wage is such a great idea, why not multiply it rather than add a couple of dollars? According to this article, minimum wage will actually harm those it is designed to help, including young adults, minorities, less educated, and others who are most in need.

Integration in European Union

Big steps for Romania

Rising Loan Debt Blamed On Government Regulations And Rising Utility Bills

As the average personal debt in Britain continues to rise, financial provider Zopa blames government rules preventing early loan repayment, while the Consumer Credit Counselling Service points the finger at rising utility bills and council tax.

India's Development and GDP Growth Ready for Greater Momentum

India's growth is yet to achieve its true potential. This article examines the potential...

India Marches Ahead to Emerge as the Largest Economic Power of the World

For over a century the United States has been the largest economy in the world. Major shifts have however taken place in the last two decades. During the last 30 years the weight of the world economy has shifted from the US and the rich countries of Europe to China and India.

Software Industry: Only Solution for Orissa’s Crippled Economy

Information Technology (IT) is one of the most dominant and growing industry in the global economy today. The dynamic technological advancements in the Information Technology have reinforced the changes in the economy and social sector that are transforming the business and society. In this article, we have tried to trace some hindrances in the process to attract software industries to Orissa.

The Euro and The European Union – A Second Wake Up Call

Lately it is easy to find news about the relation between Italy and the Euro – for example this one: “Italy's love affair with the euro is due to cool” Italy seems to be struggling with the euro and with its own economy. It appears to be the case that the Italian economy is especially vulnerable for the global markets in which it operates ... But this is just part of the game, something the union should be able to cope with, all is part of growing up.

The Role of Money in America's Economy

Money is but a tool that does the bidding of its master. Money has no actual value other than the value we attach to it. Money has no actual meaning other than the meaning we attach to it. Clearly, the world turns on a dollar bill. I am not judging what causes our economy to work (greed is its greatest motivator), but I am suggesting we need to be street smart about how our money system works. Understanding the money game does not make us better or smarter people than others, it does make us more aware and savvy when opportunity knocks on our door.

The Good Economy

The Presidents tax cuts have cost the US treasury 2001 to 2006 one trillion dollars for 800,000 new jobs, so lets figure a trillion is one thousand times a billion. If we were to give one million dollars tax free at random to 800,000 high school graduates or newly unemployed on the condition they could never ask for government assistance again during their life time the cost would be eighty billion dollars thus we could achieve the same results as the Presidents tax cuts with a savings to the treasury of 920 billion dollars!

Two-Time Lottery Winners And The Economics Law Of Diminishing Marginal Utility

This article uses the example of two-time lottery winners to explain the law of diminishing marginal utility...

Influence of Economic Globalization on Toursim

In the given work I will discuss influence of economic globalization on tourism all over the world. In the first section of it I am going to concentrate on the issue of globalization itself, its definition and different approaches to it. The second part will discuss globalization influence and impact. I will use examples to compare both positive and negative aspects. In the third part effect of globalization on leisure and tourism will be analyzed along with the motivation theories.

The Mainstream and The Markets

A confluence of economic and geopolitical events will soon test the will of creditor nations to continue their financing of the U.S economic malaise and largesse. The size of the U.S debt is astonishing but the Federal Reserve is undeterred in bathing the nation in currency. Consequently, the plight of the U.S dollar is destined to drop further.

The Causes of Recessions

Looking at the causes of recessions from both a theoretical and practical point of view. Focusing on the UK economy.