CCF2 – How to argue – Part 1/2 Philosophical Reasoning

CCF 2 HOW TO ARGUE Aristotle once described humans as the only rational animal. Well, actually he said, man is the only rational animal, but we don’t have to be sexist just because he was. And if you have ever gotten into an argument with someone about religion or politics or which Hemsworth is the … Continue reading CCF2 – How to argue – Part 1/2 Philosophical Reasoning

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The economics of war.

The top 10 most powerful armies in the world spend about 1,300 billion dollars per year to fund their military power. But if we calculate the ripple effect of the military investment then it is possible to consider that, if we include the contractors and sub-contractors directly involved to supply and support their national army, the immediate economic effect is a business market prospering at almost $4,000 billion per year giving employment to about 30-35 million people.

NEWSROOM – Articles and Opinions

Please refer to your favorite article section and click on your favorite title. All articles will be provided with full reference, when available, or are to be considered original elaboration of the writer. If reference is found, it will be justly posted and mentioned accordingly. If the reader shall find references not mentioned, the writer will … Continue reading NEWSROOM – Articles and Opinions

MIC ECON Lec 16 – International Finance

CHAPTER 16:  INTERNATIONAL FINANCE LEARNING OBJECTIVE The goal of this topic is to derive the financial aspect of international trade on all countries. This is apparent in the balance of payments. The processes of adjustment of the balance of payments are different in the flexible and fixed exchange rate systems. Each system has its detrimental … Continue reading MIC ECON Lec 16 – International Finance

MIC ECON Lec 15 – International Trade

CHAPTER 15: INTERNATIONAL TRADE LEARNING OBJECTIVE The purpose of this topic is to establish why nations trade and why they tend to restrict trade in spite of the gain they derive from trade. The reason for trade is founded on the comparative advantage which leads each country to specialize. An extensive list of reasons for … Continue reading MIC ECON Lec 15 – International Trade

MIC ECON Lec 14 – Labor Economics

CHAPTER 14: LABOR ECONOMICS LEARNING OBJECTIVE The goal of this topic is to review the history of the labor union movement in the United States, showing that it went through three phases: repression, encouragement and supervision. The economic effect of unions is then analyzed. AMERICAN UNIONISM American unionism is characterized by three different periods: a … Continue reading MIC ECON Lec 14 – Labor Economics

MIC ECON Lec 13 – Income Redistribution

CHAPTER 13: INCOME REDISTRIBUTION LEARNING OBJECTIVE The purpose of this topic is to establish that extensive income inequality is present in our society. A trade-off is studied between the need to remedy hardship of the destitute while still preserving the incentive to work hard for higher income. The major income maintenance programs are outlined (social … Continue reading MIC ECON Lec 13 – Income Redistribution