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.

China and India on the Rise; US Lagging in Innovation

Many have said that the issues with China and India taking the world by storm and attracting its manufacturing base is not a problem. Why? Well because they say nations like the US will move from manufacturing to service sector and into technology, designing a knowledge based workforce. That is to say; we design it and they will make it.

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.

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.

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;

The Function of the Bank of England

The Bank of England performs several tasks in the UK economy.Including the sole issuer of notes and coins and setting interest rates in the economy.

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...

Owners Of American Dream

When Thomas Jefferson began work building Monticello in 1768 he not only laid the foundations for his elegant home, but instigated the idea of home ownership as the basis for happiness into the minds of the American public.

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.

Why Indian Economy is Set to Overtake the UK Economy

India is the second largest country in terms of population, however for many years its economy has struggled to compete with other Asian and developing economies. The Indian economy has in the past been characterised by low growth, endemic poverty and focused primarily on the agricultural sector. However in recent years the Indian economy has started to grow at a particularly fast rate. Latest GDP statistics suggest the economy is likely to grow at between 6 and 7% for the next couple of years. What has contributed to this remarkable turnaround in economic performance?

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.

Quebec Court Might Give Permissions For A Group To Pursue Gaz Companies For Overpricing

Today news broke out in Quebec, Canada, that a group has asked permission to fill a lawsuit against gas companies because of a raise of 1,3 cents a litre that was putted in place by all the big gas companies around January 1st. This raise was the cause of a policy that the government of Quebec wants to establish in order to make gaz companies pay an environmental tax.