Economic regulations

The U. S and the world economy like everything else have its ups and downs. The government plays a crucial role in deciding how the economy will set over time. An Economist by the name of John Maynard Keynes felt that if either inflation or unemployment got out of hand, the government could adjust the … Read more

Economic growth

Economic growth is the most important study in economics today. The first book on economics was by Adam Smith The Wealth of Nations the full title was the Inquire Into The Nature And Sources Of The Wealth Of Nations. “Economic growth determines a countries future, and economic growth in the past determines a countries present … Read more

Does greater economic openness between nations lead towards economic growth and convergence

Greater economic openness between nations does lead towards economic growth and convergence. All of the first world countries demonstrate greater economic openness then third world countries demonstrate. Although economic openness may be a solution to gain economic growth and convergence, free trade may not be the answer. There are two different views on free trade; … Read more

Chinese Economic Reform

Two years after the death of Mao Zedong in 1976, it became apparent to many of China’s leaders that economic reform was necessary. During his tenure as China’s premier, Mao had encouraged social movements such as the Great Leap Forward and the Cultural Revolution, which had had as their base ideologies such as serving the … Read more

Is the European Monetary Union a disaster

This essay evaluates the development of the EMU; a system that only came into effect three years ago. Through the lack of recent literature most of the evidence are derived from articles of various sources. The essay takes into consideration that the EMU is embedded in a generally declining world economy. It illustrates why the … Read more

Milton Friedman and Free-Market Capitalism

Milton Friedman is known worldwide for his belief in defending free-market capitalism and his faith that it can proficiently and impartially distribute wealth throughout a nation. Most of Friedmans peers are not able to put that same amount of confidence in the ability of the market as he. Friedman has suspicions of government interference in … Read more

European Economic and Monetary Union

The Economic and Monetary Union (EMU) is a single currency area within the European Union in which people, goods, services and capital move without restriction (Europa Quest (1), 2001). Imperative to the success of the EMU is the implementation of a single European currency, the Euro, and the application of specific macro-economic policies by the … Read more

The Competitive Edge Of New Pay Systems

The United States has been in an economic boom for the last eight years. One of the results of this economic expansion is the low unemployment rate. The unemployment rate is below five percent, and in some regional labor markets even lower than that! This figure holds steady across all labor markets (with the exception … Read more

Health care economics history

United States evolved from a simple System of home remedies and itinerant doctors with little training to a employ, scientific, Technological, and bureaucratic system often called the “medical industrial complex The history and evolution of health care economics involve economist analyzing the health care system. Over the past 60 years health care scientific advancement and … Read more

Health care economics history

United States evolved from a simple System of home remedies and itinerant doctors with little training to a employ, scientific, Technological, and bureaucratic system often called the “medical industrial complex The history and evolution of health care economics involve economist analyzing the health care system. Over the past 60 years health care scientific advancement and … Read more

Cote D’Ivoire: History, Government, Economics and Their Influence on Global and Local Issues

Cote d’Ivoire: History, Government, Economics and Their Influence on Global and Local Issues July 11, 2008 Cote d’Ivoire Cote d’Ivoire was established as a French colony in 1893 and was a member of the Federation of French West Africa from 1904 to 1958. The people of Cote d’Ivoire were French people without rights to citizenship … Read more

The Japanese Economy

The prewar economy of Japan was a Socialist economy and the country was ruled by an emperor up to WW2 and after WW2 it started to lean towards a mixed market economy until what it is today although its government is Socialist it is leaning towards a mixed market economy. The Japanese economy is a … Read more

Economics Essay Examples

The North America market is one of the richest in the world. Measured in terms of GDP, it is the equivalent of Western Europe. But with a somewhat smaller population, GDP per capita in North America, Canada, Mexico and the U.S., is around 12 percent higher than in Western Europe. The North American Free Trade … Read more