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Monthly Archives: March 2017

scandinavia

Scandinavia is not a socialist triumph

 Sorry, socialists; Scandinavian success isn’t your trump card.While Scandinavia has emerged as one of the world’s leaders in terms of how to run an economy,...
Monaco wallpaper

Which Countries Will Have The Highest Standard Of Living In 30 Years?

Monaco City View From The Mountains - Monaco has the highest GDP Per Capita of any nation on Earth at $165,000 US dollars -...
traffic jams

Traffic Jams: An Economic Perspective

 You know the feeling.The skies are grey, and fat drops of rain batter your windscreen: it’s almost as if the sky’s crying for you....
What makes gold valuable?

What Makes Gold Valuable?

Gold is expensive the same reason silver is more expensive than copper; different metals have different properties, characteristics, and uses by humans.Think about it,...
walmart in germany

Why Walmart Failed In Germany

  Overview In 1997, Wal-Mart had entered in the German retail market through acquiring the failing German retail chain Wertkauf but quickly encountered problems. Wal-Mart had...
globalization

Could globalization Be Detrimental To Developed Countries?

Overview If one was to rank recent economic issues by the division and depth of debate they cause, globalization would surely be up there at...
global inequality

The Economics Of Global Income Inequality

Global Inequality: Avoidable? I was recently asked a question about income inequality and although the answer seemed obvious to me, I feel that not enough...
european union

The European Union Needs Change: Here’s How

Introduction To The European Union It’s the 1st of January, 2002. 12 European countries have officially began to use Euro notes and coins as legal...
bankruptcy

What Happens When A Country Declares Bankruptcy?

Introduction To Global Bankruptcy According to an article from USA Today, there are at least seven countries that could potentially go bankrupt in the near...
new york port

Why Do Nova Scotia’s Shipping Ports Pale In Comparison To New York’s?

Overview The North American East coast is the largest shipping point in the continent thanks to New York, but what about Nova Scotia? Why does...

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