Obamacare will have a positive effect on seniors by closing the Medicare prescription drug donut hole, and improve the overall care for seniors. ... It will cost pharmaceutical companies an extra $84.4 billion in fees over the next ten years to pay to close the donut hole in Medicare. ...
Gregory McNamee reviewed Kevin Philips Wealth and Democracy and found that the book "examined cycles of economic growth and decline from the founding days of the republic to the recent collapse of technology stocks, Phillips dispels notions of trickle-down wealth creation, pricks holes in speculative bubbles, and decries the ever-increasing "financialization" of the economy--all of which, he argues, have served to reduce the well-being of ordinary Americans and government alike. ...
Explain four types of economics dependence. Are these types of economics dependence remain relevant to explain economic growth and development of developing countries. There are four types of economic dependence such as direct economic dependence, trade dependence, financial dependence and technical...
We live in financial globalization era, where financial markets, institutions and economies become more tightly interlinked and are more forward to full integration than ever. Unfortunately, the 2007-2008 global financial crisis has demonstrated that financial globalization can lead to catastrophic outbreaks. The purpose of this essay is to briefly explain role of financial system, give examples of financial instruments, and discuss causes of financials crisis; what effects did it had on US and UK economies and what measures should be taken to avoid similar events in future. Finally, in this e...
