As a social program, welfare is one of the most divisive political programs in recent history. Some individuals argue that the program provides crucial assistance to individuals who could not survive without the program. Others, however, believe that the programs represent a financial drain on the taxpayers by individuals who...
The TED talk by Navi Radjou reminds us that the best way to address scarcity of resources is to find creative ways to use limited resources. Navi reminds us that North has led the way for innovation because they had resources but now South is teaching North how to innovate...
In “Oil Prices: Cause and Effect,” the author analyzes the relationship between the supply of crude oil and price. Alan Reynolds, analyst with the think tank Cato Institute, focuses more heavily on the effects of the situation, which is consequential given the presence of globalization and the importance of oil...
Introduction Pollution of the environment (land, air, and water) has become a global pandemic. The contamination of the ecosystem has created widespread and untold environmental consequences for humans, animals, and plants alike. Efforts to halt uncontrolled pollution and to reverse its effects are currently underway. At the heart of these...
Introduction Globalization’s impact on emerging markets and stalwarts has been generally positive, but from a microeconomic perspective one must analyze the myriad effects that a globalized market can have on locales and their corresponding business practices. An anecdotal example would be how a local salesperson may have to significantly decrease...
Exchange rate hedging is a method that companies and organizations use to eliminate risks of foreign exchange that result from transactions in foreign currencies. This elimination is the hedging in this case. The fundamental principle of rate hedging is to ensure the exchange of currency during a favorable exchange rate....
The invention of the internet brought about the upsurge in websites creation and social networking sites in the twenty first century. Almost every start up company and existing businesses must have a website, not only to relay relevant information about their products and services in the public domain but also...
In this increasingly technological age, many countries have begun to use greater and greater levels of energy per person on a daily basis. Compounding this growth is general increase in population, which increases as health practices improve. Consequently many nations and the world in general have needed to concentrate some...
It seems likely that two factors go to the widespread lack of concern regarding income inequality in the U.S. The first is linked to actual awareness and relates to the media. More exactly, media today is so pervasive that any presentation it offers about how people live has an impact...
