Ruined Rural Economy India - Forgotten Common Man - Part 7

The article in series of Ruined Rural Economy further highlights as to how GOI is forgetting a common man at all. How brutally four farmers were killed on 14 March 2007 at Nandigram in Wesy Bengal is analyzed in the light of Special Economic Zone (SEZ) at the cost of human lives.

Worker Salary - In A Clothing Factory

Ever wonder how much the workers are getting paid in a clothing factory?

You Would Think Living in an Oil Rich Country Should Make Energy Costs Cheaper for Their People?

I went to fill up my car a few days ago and saw that the cost per liter of gas at $101.9. For those of you who are not on the metric system, that would equal roughly $3.57 a gallon. In Canada, the province of Alberta is booming, not because they just have wonderful beef, but the oil industry is flourishing beyond belief.

Recession Looms For US Economy

Reasons why the American Economy may enter a Recession. Including falling House Prices, House Prices could have further to fall, Mortgage Lenders going Bust and large Current Account Deficit.

Economic Development After Initial Revitalization of Nairobi's Slum

As the local Kibera Slum, Nairobi, Kenya's largest slum is re-vitalized as part of a herculean effort and creates its own wind and small business environment it will be time to push for strong economic development. Once economic plan is initiated it must be maintained.

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.

Malaysian Gasoline Subsidies Are Unwarranted

Over the past two years, the Malaysian government has been cutting its subsidies of gasoline, causing much uproar amongst the public. However, these subsidies are a distortion of the market, and ending them is a wise thing to do.

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.

Workers in Developed Countries are Not Creating Wealth

The vast majority of people in emerging economies work hard and honestly and they try to get something out of their hard work. It is a bit of exaggeration to say that most people in developed countries do not work hard or honestly, but too many people work in such ways that they do not exactly contribute to the development of their economies.

Low Inflation in the UK

Since the Bank of England was given independence in 1997 UK inflation has been close to the government’s target of 2% +/-1. This is a remarkable improvement for the UK economy. Previously the UK economy suffered from consistently high inflation. Eg in 1979 inflation reached 25%. In 1992 inflation reached 11%. Reasons for low inflation are a matter of debate. The question is how long will this continue?

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 Circular Flows of Economic Might

An entrepreneur is asked would he go work in China for an extremely large company there? This is an interesting question as so many recruiters are looking for folks to go to China who speak English and understand how to run a large company and have management skills. The entrepreneur thought about the incredible offer, benefits and pay and then stated;

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.

A Thought I Leave With You Today on Free Markets Drifting Away

We need free-markets and we must remember the words of Adam Smith. And too that point I wish to add; Free Markets should allow winners to succeed and losers to fail, not prop up those who fail to innovate and adapt and curtail those with the innovations. Some modern day liberals say that they are leveling the playing field, yet pass legislation for raising minimum wage and regulation to create price controls.

Economic, Environmental, and Social Alchemy

Current System: “Trash” goes to land-fills; the “guilty” go to prisons: both generally just sit there as the rejects of society and economics. Problem: We don’t re-use 3/4 of our waste and we don't re-use 3/4 of the manpower of our low-class citizens and inmates. There is very little going on right now to change that besides this program. Solution: Put both of these to use and encourage them start finding a new purpose in material use and life.