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Economics 101 – Excess Money Equals Inflation
The government can print money. So why don’t they simply print more and then give it away to everyone? Certainly this would alleviate poverty and stimulate the economy. Within modern economic societies money is used so intensely, that many times people forget what money really is and why we use it.
Definition of EconomicsEconomics as a word comes from the Greek: oikos means ‘family, household, or estate’, and nomos stands for ‘custom, law’ etc. Thus, “household management” or managementof scarce resources is the essential meaning of economics.Economics encompasses production, distribution, trade and consumption of goods and services. Economic logic is applied to any problem that involves choice under scarcity.
Rising Student Loan Debt Creating ProblemsStudent loan debt is an ever-growing concern for our economy. Warnings have been issued from a number of financial institutions and money experts that there is a remarkable and troubling similarity between the college financing problem and the financial meltdown that occurred in 2007.
5 Ways to Survive the World RecessionOver the years, world recession became a problematic situation for a lot of people. Despite the many efforts of the governments, it still hasn’t been solved. These few steps will help you survive through recession.
A Dialogue of Global Injustice With A Left Leaning Quasi-Socialist ThinkerOkay so, for this dialogue I’d like to introduce myself and my guest here today. I am a self-made entrepreneur, founder of a think tank, and a proud free-market capitalist. My quest is an admitted left-leaning quasi-socialist thinker and wants justice in the world for all – that includes redistribution of wealth from rich countries to poor countries, welcoming migration rules for refugees, and help in nation building for emerging nations, especially those with larger populations with weak governments that cannot feed their own people. My guest is a citizen of a wealthy first world nation; Australia.
