The Euro Area's Data Difficulties

A lot of economists and people who are interested in EU development can't find the necessary data. Find out why!

Connecting the Dots of the American Financial System - A Homespun View

Remember those activity books for children? They were mostly coloring books with additional pages thrown in; mazes, word games, puzzles, and of course, follow the dots. I always liked the numbered dots, since at the end I could see a picture. Sometimes the image was totally different than what I expected.

Trains And The Quality Of Life

I would like to comment on a published article in The Straits Times bearing the same title as this post. The article seems to be conceived to pacify those who could be opposing more rail lines as they do not see the need of expensive rail lines. As much as I like to concur with the author that having more rail lines will improve quality of life, I would like to pose some questions in response to the otherwise simplistic argument put forth.

Paid To Passage Straits Of Malacca

Moreover, the amount to be paid is a mere drop in the ocean and won't threaten their bottom line. The stepped-up naval patrols and aerial surveillance by Malaysia, Indonesia and Singapore have been effective in reducing piracy, but these are expensive affairs and so are the buoys, lighthouses and other navigation aids, and the measures to clean up oil spills. Since the littoral states have taken purposeful measures to come to grips with the issues of safety, security and pollution, it is incumbent on the international maritime community to lend them a hand. It is time the shipping industry took on board the idea that it too should contribute financially to the upkeep of one of the world’s busiest sea lanes.

Ruined Rural Economy Of India - Neglected Preferences Part 6

The article revolve around the economic failure of Indian farmers and various factors which ruined farming sector are analyzed. It also suggest various steps to revive Indian and world agro sectors based on two theories of Som-Kalpna Spiraling Rural Economy Cycle (SKSREC) mode and Kalpna's Everlasting Economic Loop (KEEL).

Is Mankind Outgrowing the Price System?

Some people have noted, even economists that the Price System, that we use in human societies and civilizations is outdated and unworkable. They cite the disparity between rich and poor and all the poverty in the world. To a degree one would have to admit upon thinking about it, that it is not the most perfect system, as it often rewards certain types of behavior which undermines the whole (the rest of the population) for the betterment of a few?

Create The Gift Economy - Free Yourself Free The World

Here's the concept of the Gift Economy in a nutshell. In a Gift Economy giving and receiving replace buying and selling. Consider the outside-the-box idea of having an advanced society without the imposition of monetary social controls by an elite group.

Ruined Rural Economy - India Have We Part 2

The article deals in depth the effect of the metal industry over agro due to neglected priority of GOI and subsequent lapses in taking care of farming sector and villages.

Different Types of Unemployment

Causes of Unemployment including frictional, structural, geographical and classical unemployment. Explanation of each type of unemployment

When Doctors Compete - You Win

Politicians love to talk about the rising cost of healthcare in. If the trend or rising prices doesn’t change, the implications for consumers and the economy could be devastating. While many government-imposed solutions are promoted every elections cycle, maybe it’s time to allow the free market to have a chance.

Ruined Rural Economy - India Had We Part -1

The article deal with detailed analysis of Indian economy and its effect on farmers. How badly new liberal policies have ruined Indian agro sector is discussed. Hope people of India will find benefited to discuss the issues affecting their economy.

The Wave of Changing Demographics and the Need for an Intellectual Capital Insurance Policy

As populations age there will be fewer people providing the productivity and more people on the public receiving side of things. This poses a problem for many nations including the United States. Recently, our Online Think Tank considered this and a member William Sheridan mentioned the need for an Intellectual Capital Insurance Policy for Canada and the US.

Deflation And Its Effects On The Economy

Deflation means the value of your money increases over time, as opposed to inflation. Why is that bad for the economy? Read on - and put on your thinking caps!

GM-Chrysler Merger Would Hurt State Budget

Auto industry is bombarded with plant closures, job cuts and vanishing confidences. And with the potential GM-Chrysler merger, it is expected that the financial system of the entire state, not only the industry, would be greatly hurt.

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.