Whenever the devil in you wants to see a spectacular economic fall from grace, look no further than Japan. After decades of strong economic growth, culminating with it becoming the world’s third largest economy in the latter part of the […]
By Narmin Jamalova Welcome Tesla – the vehicle that will soon populate the already-crowded roads and America’s most valuable automaker as of April 2017. The good old days of General Motors and Ford being on top of the car-making […]
Geographical disadvantages face by the nations outside of Eurasia include not having access to the best crops or large, not having docile animals to domesticate such as cows and sheep (which could be raised for livestock), living on a continent […]
Devaluation is an unconventional monetary policy tool by which the value of a country’s currency is officially lowered within a fixed exchange rate system, where the authority formally sets a new fixed rate with respect to a foreign reference currency. […]
Imagine a country whose inhabitants work fewer hours than almost any others, whose workforce is not particularly productive and whose children spend less time at school than most of its neighbours. Hardly a recipe for economic success, you might […]
Here’s two of the most intuitive factors: Supply and demand as well as inflation. It may be an oft-overlooked point, but simple supply-and-demand economics can influence physical gold prices as well. As with any good or service, increased demand with […]
In the Islamic Republic of Iran, history is brewing. President Hassan Rouhani of Iran won re-election to serve a second term in the country. Once again after France and South Korea, Iran has chosen a politically moderate leader defying the […]
The law of demand is a microeconomic law that states, all other factors being equal, as the price of a good or service increases, consumer demand for the good or service will decrease, and vice versa. The Law Of Demand […]
Saturday, May 20th, 2017 Article By: David McDonald President Trump is already tapping his wide-ranging powers on U.S. trade policy. But you may be surprised by just how much Trump can do without any approval from Congress. One of his […]
What is the Easterlin Paradox? The Easterlin Paradox tells us whether we are more contented and at an advantage, as our living standards improve. In the 1970s Richard Easterlin came to the conclusion that even though studies that showed that, although […]
