A b) Consider the articles on behavioral economics at http://myweb.liu.edu/~uroy/eco54/histlist/behav-econ/index.html. Summarizethe main thrust of some of these articles. Based on these articles, what's your opinion of behavioral economics? Do you Continue Reading...
Both of them also realized the necessity of fighting poverty and economic want and did not believe that the mythical 'invisible hand' of the free market economy would do so on its own. They were also common critics of at least some of the aspects of Continue Reading...
Critically for the long-term economic situation, it meant many Japanese firms were lumbered with massive debts, affecting their ability for capital investment. It also meant credit became very difficult to obtain, due to the beleaguered situation of Continue Reading...
Milton Friedman: Journey From Past to Present
Milton Friedman, the world's famous economist was born in 1912, in a poor Jewish Immigrant family who shifted to Brooklyn in the late 1980s. After completing his public school studies, he joined Rutgers Continue Reading...
Globalization and Social/Human Injustices
Human slavery/sex trafficking
The menace of slavery and trafficking for purpose of sexual exploitation is a menace that greatly neglected or not talked about by the high and mighty yet it is a problem that Continue Reading...
Sociological Theory
Sociology as a field of study entails examining and understanding the behavior of human groups and associated social behavior. In understanding these aspects, the sociologists have, their focus primarily concentrated on the human Continue Reading...
disrupting America's economic system is a fundamental objective of terrorists
Even as the world continues to struggle with the terrible shock from the September 11 attacks in New York and Washington, one principle lesson has already become clear: di Continue Reading...
Future of Capitalism
Current Economic Crisis according to Schumpeter and Keynes
A justification of the economic crisis can be precisely explained by shedding light on the perspectives of famous economists. The information gained through this method Continue Reading...
Macroeconomics Models
The Classical Model (1776-1935)
The classical model largely follows the conclusions reached in Microeconomics. The fundamental equilibrium is in the supply and demand for labor. The Demand for Labor and Labor Supply, Income Ta Continue Reading...
These methods are then examined with respect to future events using empirical observations and statistical tools. (History of Economics Society, 25)
It has to be accepted that such a method has been used to arrive at various conclusions. A lot of d Continue Reading...
Government Bailouts
Bailing out American capitalism in the present depression was far more expensive than most of the public will ever realize, especially since many of the costs were deliberately hidden. This Great Bailout was much larger than the Continue Reading...
HARMONIZING PERSONAL AND PROFESSIONAL BALANCE: STUDY OF EMPLOYERS' FAMILY FRIENDLY POLICIES IN THE U.K.
This study seeks to show that there are several different family friendly policies being utilized by employers in the U.K. And that these have be Continue Reading...
EUGENICSEugenicsAnnotated BibliographyIn basic terms, eugenics has got to do with attempts to minimize human infirmities and frailties by deliberately partaking in the promotion of certain hereditary traits deemed desirable. This could be accomplishe Continue Reading...
Economists
Explain the theory of Social Darwinism. What elements of truth are in the theory? How do you refute it?
The theory of Social Darwinism is simply asserts that only the fittest survive in the wild or in society as it exists today. Thus, t Continue Reading...