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8 May 2012
Austerity | economics | economy | EUROPEAN UNION | Eurozone | financial crisis | Fiscal Compact | Growth | role of government | Society | Spending | TAX | welfare | Economic policy | Employment | Eurozone crisis | Finance | Tax | Economy
On Saturday 5th May the French and Greeks went to the polls and both countries voted against austerity. In France President Sarkozy became the 11th European...
13 Apr 2012
Business | economics | Employment | Industrial relations | Living wage | Minimum Wage | trade union | unemployment | value | Work | Economic policy | Economy General | Economy
A minimum wage is the minimum price at which firms may hire workers, and conversely at which individuals can sell their labor. The government usually sets the...
23 Mar 2012
Austerity | Deficit | economics | European financial crisis | EUROPEAN UNION | Eurozone | National Debt | role of government | Economic policy | Eurozone crisis | Economy
Governments often face a dilemma wherein the public wants more services but also to pay less tax. Both are beneficial to the nation’s economy; the more a...
29 Feb 2012
Brazil | economics | free trade | FTAA | global economy | NAFTA | North America | South America | the Americas | Trade | trade agreements | Americas | Economic policy | Economy General | International | Economy
In 2001, during the Summit of the Americas held in Québec City, then President George W. Bush spearheaded the effort to introduce a trade agreement that would...
22 Feb 2012
Austerity | central bank | Deficit | economics | Keynes | monetarism | National Debt | role of government | Stimulus | supply side | Economic policy | Finance | Tax | Economy
The debt of the United states at the time of writing is approaching $15 Trillion by many measures and growing quickly (8 November 2011). However, that only...
22 Feb 2012
Business | Capitalism | economics | free market | free trade | innovation | supply side | trickle down | Economic policy | Economy General | Political philosophy | Philosophy | Economy
The free market is a system for allocating goods within a society. In a free market, prices for goods and services are determined only by the interchange of...
20 Feb 2012
Development | economics | Finance | investment | Natural Resources | protectionism | Sovereign Wealth Funds | Finance | Economy General | Economy
Sovereign wealth funds (SWFs) are investment vehicles owned by governments that wish to invest some of their country’s reserves of money abroad. In the past...
26 Jan 2012
Business | Business | Consumer choice | economics | Profit | Shopping | Supermarkets | Economy General | Economy
Loss leaders are products that retailers sell at a loss – below the cost of sourcing, transporting and storing them.1 Such below-cost pricing is a...
26 Jan 2012
Athletics | Business | economics | economy | Host city | nationalism | Olympics | Olympics | Prestige | sport | sports events | Government | Finance | Economy | Sport
For 17 days every four years the Summer Olympics attract the world's attention and the host city gets immense media coverage. Yet many argue that the huge...
26 Jan 2012
Capitalism | Development | economics | free trade | globalization | inequality | International Cooperation | mercantilism | state capitalism | Tariffs | World Trade Organisation | Finance | Economy General | Economy
Free trade's virtues have been praised for three hundred years. By allowing every country equal access to all markets, the theory says, you guarantee the...
