The research provides a theoretical exploration of the relationship between productivity and inequality. This study has explored the simultaneous set of education subsidies and optimal income taxes in optimal non-linear and also linear income tax models with endogenous factors.
Unemployment rates vary from country to country. Have you ever wondered what are the top 10 countries with the highest unemployment rates? This article takes a peek at them, using OECD's data.
Author John Perkins works with an engineering consulting firm with, as he sees it, one purpose only -- to close deals with leaders of underdeveloped countries for large construction-engineering projects that will require large loans that the country may not be able to pay in full 30 years onward.
Have you ever wondered how dollar bills are valued and what basis are these currency measured against? We use to practise the gold standard in the early days, but times have changed which lead to new practises and evolved system of currency regulation.
Why thought is necessary, it is an art and how it possesses importance in human life .the types of thought are given along with its key elements. Thinking leads towards discoveries , inventions, and creations. Thinking makes you able to accomplish your quests.
Total Revenue, Average Revenue, and Marginal Revenue behave differently in diverse situations.
Our need for products leave children vulnerable to child slave labor. The best thing to do is allow our awareness and compassion to override our indulgent needs for production.
Here are the top 15 things which you should keep in your mind if you are in your college and make your college life worth remembering.
Rayon is one of the most used fabrics. In this article, you will learn the history of rayon, its types, manufacturing methods, properties, and how to care for rayon fabrics.
Definition of a financial conglomerate. The advantages of a financial conglomerate structure. The risk taking behaviour of some financial conglomerates and the implications to the financial system and the economy. How to minimise the risk and effectively manage financial conglomerates.
This article provides a view on the US Federal Reserve's methods to fight the economic impacts of COVID.
Analyses the economic growth in India. Describes the stumbling blocks to India's economic development. Compares India's economic growth with traditional development theory; including modernisation theory, dependency theory, the Washington consensus and the new Beijing model. .
Explains China's remarkable economic growth. Analyses China's economic development and its economic policies. Compare China's economic policies with traditional development theory, including; modernisation theory, dependency theory and the Washington consensus. Introduction of the new Beijing model.
The subject matter of economics deals with the matters that one can study in economics or the issues which are a major concern and focuses on economics as a social science. Its subject matter is changing with the phase of time and preference of people living in society.
Economics is a dynamic social science and its definition has been changing with reference to time and era of thoughts of economists. Adam Smith defined it as the study of wealth, Marshal as the study of welfare and Robbins as the study of scarcity and choice.
This article introduces informative knowledge regarding jute fibers. In this article, you will learn the history of jute, types, cultivation, chemical structure, physical and chemical properties, uses, and good washing of jute fabric.
The day President Trump was elected, our economy was in sad shape. In his first year in office, thousands of companies announced enormous new capital investments, employee raises and bonuses, and plans to hire more people. Unemployment went down to its lowest level in fifty years, and wages went up.
These two accounts are the most popular retirement accounts, and many people lose thousands because they don't know the difference.
The Democrats regained power in the House of Representatives and many state legislatures in 2016. Their resurgence has created a schism between the new Social Democrats and moderates. This relationship and how it reflects on the nation at large is key to the party's future and that of the U.S.
Wool is the natural fibers forming the coat of some animals. Sheep wool, cashmere, mohair, qiviut, angora, alpaca wool, llama wool, and camel wool are the most popular types of wool. In this article, you will learn the properties of each type.
Through this article, you will learn about cotton types, a brief history of cotton, the chemical composition, the manufacturing process, the advantages and disadvantages of cotton fabrics, and how to preserve cotton textiles during washing and storage.
Economic Growth, meaning GDP growth, is dependent on only two factors over the long-term: Population Growth and Productivity Growth. Both were low during the last ten years and so was GDP.
The economic character of London is ever evolving and is shaped by the various urban dynamics. This includes suburbanisation, urban renewal, urban decay, consolidation, and gentrification.
Learn about why the decline in the “velocity of money” has been impeding economic growth for decades and why it is so important to increase movement of money to restore stronger economic growth.
This is a response to Edexcel A-level Geography Unit 3, June 2010, question 4 (b).
The UK is a member of the EU but has not adopted the Euro as its currency. To what extent do the benefits of membership of a Monetary Union such as the Eurozone outweigh the costs.
This article takes a look at how the world was like before money came into existence and the problems people faced trading without money.
This case compares the debt policy of MCI Communications with that of five other leading telecommunications companies in order to find MCI's optimal capital structure.
The belief that the water coming out after generating electricity is free from pollution, is partially true, as the molecular structure of water gets badly deformed and becomes unfit for use.
This hub is about "Kerala Model of Development"
Decreasing wealth inequality and promoting free trade are 2 polarizing issues that could both stimulate and expand our economy. I will explain how this would occur and why all should adapt and adopt.