Malthus Model Thomas Malthus Model Thomas Malthus authored the Malthusian growth model or the exponential growth model, one of the earliest and significant theories on population growth. This model is based on a mathematical proposition that popula Continue Reading...
Therefore, a country which is able to produce one good with a lower opportunity cost than another country, should specialize in producing that good which will turn into a competitive advantage. However, when assessing this theory at the level of in Continue Reading...
Home Exam During the long development of economic science, many doctrines appeared which very often explained economic processes and connections in different ways. This created basis for development of different economic systems. Crisis of one econ Continue Reading...
George Magnus is a leading Economic Advisor at the UBS Investment Bank and has been a rebel around different systems in the world. George was employed in the UBS investment bank from 2004 till 2012. Along with being the senior economic advisor, he al Continue Reading...
Innovation and Sustainability The long history of humankind has been the story of life and death, in relatively equal amounts. The problem of population growth is really the problem of less death, a result of greatly increased technological resource Continue Reading...
ADAM SMITH'S FREE MARKET CAPITALISM Adam Smith's upheld the concept of free market capitalism at a time when the world did not trade in such complex environment. Each state was economically independent of the other. In saying that market capitalism Continue Reading...
Corporate Social Responsibility and Environmental Ethics Abstract/Introduction -- No one can argue that the international business community is becoming more and more complex as a result of globalism. In turn, this complexity is driven by an increas Continue Reading...
At a most simplistic level, the growth of the human population generates higher levels of consumerism. And the higher levels of consumption place supplementary strains on the already scarce natural resources. Additionally, the incremental levels of Continue Reading...
Pharmaceutical industries have to operate in an environment that is highly competitive and subject to a wide variety of internal and external constraints. In recent times, there has been an increasing trend to reduce the cost of operation while compe 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...
Food Supply The book Food First: Beyond the Myth of Scarcity makes a clear argument against the existence of "a world hunger crisis." Lappe and Collins support their main thesis that rather than a "global food shortage," we are facing an unequal di Continue Reading...
innovations in agricultural technologies, the dire predictions of global famine made by Stanford University Professor Paul R. Ehrlich in his book, The Population Bomb (1968) have not materialized to date. Nevertheless, hunger continues to persist in Continue Reading...
Karl Marx is one of the most interesting philosophers of the 19th century, and his teaching have contributed immensely to the discussion of political organization for the past 150 years. The social conditions of the nineteenth and early twentieth cen Continue Reading...
Keynesian Revolution: Analysis and Criticism believe myself to be writing a book on economic theory which will largely revolutionize -- not, I suppose, at once, but in the course of the next ten years -- the way the world thinks about economic proble Continue Reading...
In Hard Times, Charles Dickens makes the commentary that young people need more than just “facts” in order to be considered educated. The narrow-minded headmaster who opens the book by insisting on facts and “nothing but facts Continue Reading...
Bentham Utility Jeremy Bentham's philosophical theory of utilitarianism presented a unique metaphysic that may apply to some ways of practical though. The theory itself is an ethical guideline used to help present cases of morality. The theory, deve Continue Reading...
