Advertisements
Archive | Economics RSS feed for this section

State of the Union 2012: Income Inequality

Introduction US President Barack Obama’s economic pitch for the 2012 campaign season appears to be reflected in his December 2011 statement that “I believe that America succeeds when everyone gets a fair shot” (Luce, 2011). Are you, like some in the Occupy movements, concerned that the wealthy corporate elite is intentionally withholding money from their employees […]

Continue reading

China or India: Which Economy Will Win?

One interesting difference between the two economies is the contrast between their dominant export sectors. Whereas China’s chief export is manufactured goods that primarily utilize low to medium-skilled labor, India’s main export is medium-skilled English-language service outsourcing. Comparatively, China’s employees have a less visible incentive to improve themselves en masse. There may simply be lower […]

Continue reading

James Bond Goes…Corporate?

This article is a book review of Eamon Javers’ book Broker, Trader, Lawyer, Spy. While the directors of intelligence agencies for Western governments top out at well under $200K annually, spies who move from the public sector to the private world can earn more than double their former bosses’ salaries. This is an example of […]

Continue reading

The Connection Between Globalisation and Terrorism

There are numerous variables that have the potential to come into effect when one considers the nexus between globalization and terrorism. Some experts have argued that globalization is simple interdependence on steroids; that is its in essence a trend that “has widened the effective reach of multinational business, enabling smaller firms as well as larger […]

Continue reading

The US Debt-Ceiling Debate

I.                    Introduction: Why the Debate on the Debt Ceiling is Valuable What does the US debt-ceiling debate have in common with an ancient Dutch village? On the surface, not much; but there is one common theme between the two during the negotiation of imminent disasters. “Polder Politics” is the term used to describe the negotiations […]

Continue reading

Does US Manufacturing Still Matter?

I have heard a great deal of consternation from individuals on all ends of the political spectrum about why America is not making things anymore. This is quite a bit overhyped, but it is true that American GDP is not as reliant on manufacturing as we were half a century ago. Is this a bad […]

Continue reading

Addressing Labor Disputes with Nationally Recognized Employees

Unions often attempt to use characteristically passionate rhetoric, though the National Football League Players Association (NFLPA) is turning itself into a joke with the campaign to tell both players and fans that the “workers” of the business are underpaid. One player (who made over $10M last year) even compared the situation to “modern day slavery”. In […]

Continue reading