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Economics : Business & Finance
Economic Bailout - Our Country, Our Economy, and Your Future
Government economic bailouts, foreclosure, rising unemployment rates, war and lives being lose, huge mega banks going under - everywhere you turn, the news always seems to be bad. Most people consider this to be the worst of all times. But as I have always taught you, things could always be worse! L...More...
Canadians Aren't Out of the Economic Muck Quite Yet
Even though there might be some kind of light at the end of this bleak economic tunnel, Canadian banks are not yet giving out loans as freely as they once did. On the contrary, traditional lenders are still holding onto their funds with a white-knuckled fist. This has prompted many consumers to head...More...
The Evolution of Paper Money
Commodity money came about due to the problem of coincidence of wants. With an almost universal use of paper money as a means of trade, is it possible to be replaced by electronic or plastic money? Some say no because money, be it commodity or paper currency needs to be tangible as it is to be trade...More...
Oil - Our Economic Achilles Heel
Countless corrective measures, with which you are nauseatingly familiar, have been proposed, debated and are being implemented. All in the hope that something - anything - might rectify the rapid world-wide economic decline not seen since the Great Depression. Indeed we may be entering Great Depress...More...
Global Recovery in Full Swing
Between the amazing growth rate of Chinese industrial production, stronger-than-expected retail sales figures throughout the past six months in the U.S., and solid price rises in Canadian real estate, it can be concluded that the global economic recovery may be taking place much quicker than many ec...More...
Will Cuban Consumers Embrace New Lending Regulations?
The Cuban economy has performed admirably of late, even more so when you consider the 53 year trade embargo imposed by the US. During 2012 we saw the Cuban economy grow by 3.1% and experts believe that growth in 2013 is likely to be near 3.7% or even above. As a consequence, the Cuban government has...More...
'Tough Times' Ahead For Borrowers
Despite moves to reduce spending via credit cards, many people may find themselves returning to such a form of borrowing, a new study indicates. In the Precious Plastic 2008 report released by PricewaterhouseCoopers, it was suggested that should the cost of mortgages increase in the coming months a ...More...
How Low Will Crude Oil Prices Go?
Today crude oil hit a new yearly low once again.Back in June I warned that commodities were in a bubble that looked ready to pop.Sure enough, the bubbles were pricked in July and it has been down, down, down ever since for the whole commodity complex.What am I saying now?...More...
What's So Special About You?
The fact is, our only hope is that the home-gaming generation wakes up and realizes that freedom isn't free, the future isn't certain, and the Constitution of the United States that we celebrate today is the only thing that really makes us special. It isn't "us." It's o...More...
The American Consumer Cannot Save The Economy
The consumer has been the engine for economic growth for decades. Maybe it's time to re-think the way we do business....More...
Why You Should Consider Studying Economics
The field of economics has drawn increasing attention in recent years. There are many reasons students are becoming more interested in learning more about the subject....More...
Wall Street, Banks and Financial Terrorism
"Greed, stupidity, hubris and outright corruption." A quote from Phil Angelides, former California treasurer and current chairman of the Financial Crisis Inquiry Commission, a bipartisan panel formed by Congress to investigate our financial meltdown....More...
Can We Boost the Economy With a "Cash For No Clunker Program"?
The Cash for Clunker program is a very innovative program that failed, but with some adjustments; it could be a very successful program. The key to spur economic activity is through the efficient use of resources at our disposal....More...
Supporting Children Through This Economic Crisis - Q & A
Are your children experiencing stress during these tough economic times? Knowing that parents are stressed in these tough economic times, is it safe to say that our children are experiencing that stress as well? ...More...
What Do You Mean by Economics?
Economics is a term that is very readily used almost every day in the Business World, but what does it actually mean? Delve further into the world of Economics, and see what you think about this bespoke view on Economics and its meaning....More...
Another Great Depression May Be Knocking Our Door
The present symptoms in the world market make us recall the beginning of the great depression of early thirties. This time also the main reason is the lack of investment or, in other words, the uncompensated inactive portion of saving but disguising....More...
The Economics of Free
One of the most interesting and unique economic phenomenon to emerge over the last 10 years is the impact of technology in creating products that are free to the consumer. Chris Anderson writes about this in his book entitled "Free"....More...
Reserve Bank Of India Uses Repo Rate to Curb Inflation
India has moved form a slow moving economy in the 1980s and early 1990s to a fast growing global powerhouse. However, growth bring along problems of inflation and price control that can eventually create a huge disparity between the rich and the poor. India also has a large middle class that is incr...More...
Possible Future Directions of the World Economy
The economic downturn that began in 2008 has hit the developed world far more severely than the developing part of the world. This article discusses possible directions the economy may take in the future....More...
Illegal Immigration - It's Impact on the US Economy
Alien workers have played a very important part of the U.S. economy and throughout its history. The topic of illegal immigration often irritates a lot of emotion and has recently geared a lot of attention in the press....More...
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