Which Country Will Be The Largest Economy In The World?

Find out what other counties may eventually challenge for the top economic spot.

Transportation and Economics in the United States

Billions if not Trillions of dollars of productivity are lost each year in our nation due to over stressed road ways. As citizens, trucking companies and government workers sit in traffic everyone loses whether it is the tax payer, consumer, employee or transportation company. Worse off we all pay by breathing in the increased CO2 that occurs due to idling cars putting out excess fumes.

Economics and Liberalism, it Works in Other Nations; Why Not in the United States?

Many people say that liberalism works in other nations. But first we need to ask what liberalism really is, we need to define it. Liberalism from our founding father days is not the type of liberalism we see today. The modern liberal movement in the United States is much close to socialism. And the Liberalism we see in other nations as an example really is Socialism.

The Future Super Power Struggle for World Domination

In the future both China and India with each well over one-billion in population will be vying for the top status as the great World Economic Power Houses. The United States currently has a comfortable lead with with over 3.3 times the wealth of the next closest nation in GDP. But this will change and we already see China passing Germany in the number five position.

Can America Afford Free Health Care?

Many folks in the United States want the government to provide health care universally to all citizens and they expect the World Organizations to do this for the third world nations as well. Unfortunately, this is a huge cost and probably currently out of the realm of reality.

Thoughts on the Nash Cournot Equilibrium Theory

Economics are fun to think about and John Nash Nobel Prize Winner in Economics indeed had something to say about it. He theorized that if each player of a game continued their strategy and maintained their individual effort that no player of the game, no matter how many would have an advantage no matter how long the game were played as long as the rules remained the same.

Is There Such Thing as a Free Market Economy?

Many people discuss the importance of a free market economy and site numerous examples of how economies work best when they have less regulation. This is all well and good but one has to ask; Is There Such Thing as a Free Market Economy? That is to say does such a free-market economy actually exist and if so where or where could she be?

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.

Heckscher-Ohlin model

The Heckscher-Ohlin model was primary worked out by two Swedish economists: Eli Heckscher and Bertil Ohlin who was Heckscher’s student in the 1920s.

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.

Addressing Educational and Safety Needs through Direct Intervention

Quality of services provided in the child care sector is far from perfect. Guess what the solution to the problem is...

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.

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 ?