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Essays 151 - 180

Book Review of Russell Roberts' The Choice A Fable of Free Trade and Protectionism

trade and the arguments of the protesters. Therefore our main character, who has doubts may be identified by the lay person, to wh...

Alienation and the Theory of Karl Marx

of this paper, and the sake of argument, we can readily assume that he derives this theory from observation and philosophy as it r...

Division Of Labor and Adam Smith

38). The Wealth of Nations actually consists of five books. Smith began with a discussion of the division of labor and the market...

Recessions and Keynesian Economics

this book, Keynes discussed the causes of unemployment and his theories regarding what governments should and should not do in har...

Real Business Cycle Theory and New Keynesian Macroeconomics

world application needs to be able to embrace aspects of both, making the argument sterile. In order to consider this we need to c...

SCP Economic Theoretical Model

product with desirable quality standards. Differentiation can earn above average profits even in a slow growth or declining mar...

Laissez Faire and its Development

for the expansion; trade with the colonies, and those that undertook the trade wished to see the profit from their efforts, and re...

John McMurtry and Harold Innis on Trade Globalization

the society was able to strike a balance between the two types of communication: Innis also felt that social change tended to come...

Soccer and Economics

as the quantity of a good or service consumers are willing and able to buy at a given price in a given time period" (Tutor2U Limit...

The Return of Depression Economics by Krugman

Krugman focuses on the cause of the collapse, noting that defeating inflation (i.e., using more dollars to buy products) is one re...

The Social Significance of Alan Greenspan

this issue. In understanding his importance, some biographical information is useful. Alan Greenspan was born in 1926 and was ra...

Defining and Studying Inventory Cycles

turnover rate the higher the working capital that is required for the company, as there is more capital up in stock. Lower stocks ...

Anthony Down and Thomas Hobbes on Political Ideology

as being possible to do. Hobbes distinguishes between a right and a law. A right, according to Hobbes, "consisteth in libe...

Toronto's Lakeshore Village

for the "sum total" of the structure of urban artifacts (Rossi 140). In addressing this, Halbwachs looks at the various social g...

U.S. and Thoughts on the Great Depression

period of time that argued that the economic policies of the government were too conservative and that it was largely at fault for...

Teen Alcohol Abuse Socioeconomic Policy Control and Proposition

pricing adolescents out of the alcohol market. As Robert Heilbroner and Lester Thurow state, the theory of supply and deman...

Individual Choice and Household Choice

Under this theory we can look at an individual and a couple ands argue that here there is the hypothesis that a woman will marry ...

Ideas and Economics

up embracing them. When it comes to this particular theory, the authors are definitely correct. History points out that id...

Immigration and Economic Considerations

ideas of Thomas Malthus and his theories on population growth. Then we can apply this to the UK. His theory was based on...

Economic Integration and the Opportunities It Creates

In sixteen pages this paper examines global trade theory in a consideration of what corporate opportunities can be acquired throug...

Fast Food and the World Economy

Introduced by The Economist magazine during the late 1980s, the Big Mac index tries to examine if currencies are at the correct le...

Business Cycles and Joseph Schumpeter

force of the economy, as one who would introduce new innovations, which would lead to profit, competition and ultimately recession...

Economic Equity and Efficiency of Treatment as They Relate to Acid Rain

horrible scourge on the environment, it would help us now to take a calm and rational look at what, exactly it is and its impact o...

North and South America Differences and Their Reasons

in the North. For example, at the very Northern parts of New York State near Canada, homes are very inexpensive. Generally speakin...

Explaining the Recession of 2001

no one knows whether the present economy is a garden-variety Old Economy inventory cycle, or a more serious New Economy collapse t...

Exchange Value and Use Value Differences

get $500 for it on the market as automobiles depreciate and this car is about 15 years old. However, the use value is much greater...

Karl Marx's 1844 Manuscripts Ideas

while in society today, the concept is well accepted, Marx prompts one to question the ethics of capitalism. When all is said and ...

Examination of International Accounting

accounting method for companies to follow so as to avoid confusion when it comes to currency exchanges, transfer price taxes, impo...

Roles and Government

taxes (MacNeil-Lehrer, 2001). however, the law, which is called the "Economic Growth And Tax Relief Reconciliation Act of ...

Business Cycle and the Impact of Technology Shocks

In eight pages this research paper examines the economic theory featured in this 1997 article 'On the Contribution of Technology S...