Mainstream economics show that our era is intensively competitive on a global scale. ... A lot of economists believe that "too big to fail" firms should be broken up because of several risks associated with them. ... Paul Krugman, an American Economists and professor of Princeton University, insists that the economics of scales between large firms should be saved, as long as those firms are well regulated. ... However, with effective regulation, this country can still handle the crisis quite well. ... In short, the two companies contribute a lot to the financial systems; they help ba...

• Word Count: 2282
• Approx Pages: 9

He supported this thesis of an "economic interpretation" with detailed factual knowledge about the economic standing of the state and national governments, along with information about the members of the Constitutional Convention and how their life's and assets influenced the way in which the constitution was written. ... Other economic forces included the need for international trade which in turn is tied with the need for protecting the American industry. ... This is a well observed assessment and one that could have been a reason for merchants supporting the ratification as it is di...

• Word Count: 2136
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

The first measure is direct Government spending, with a major focus on investment in infrastructure. ... Investment in capital benefits supply-side economics, as production costs are lowered, and goods and services are produced more efficiently. ... The government aims to gradually reduce company tax to 25% by 2026-27, in line with the OECD average. ... To help finance the $158.6B spent on social welfare, the Government has targeted the superannuation of high income earners. ... By slowly bringing the Budget back to surplus, it helps address the Government's objective of achieving extern...

• Word Count: 1386
• Approx Pages: 6
• Grade Level: Undergraduate

Choi's studies are relevant since they help explain the concepts of democracies wanting to fight aristocracy governments. ... Starting wars with other democratic nations does align with Steve Chan and William Safran views. ... Goldsmith studies are relevant as they help define democracies when they are at war with another government. ... This helps define that the reasoning for democracies winning wars, is due to democracies spending money on their military. ... The economics debate backs the war regime debate as democracies tend to have more resources for war and are likely the ones to h...

• Word Count: 1428
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate

A policy is defined as a reletively stable, purposive course of action, followed by an actor or actors, in dealing with a problem or matter of concern. ... The first step in policy formation begins with the policy problem. ... Agencies agencies, such as the EPS, FDA, and Dept of Defense, are specialists, and aid legislation in identifing changes, eliminating loopholes, determining new problems, and also help implement new policies. ... Economics to accomplish a public goal for the fewest possible tax dollars. ... In any complex society with a division of labor tends to practice segmentatio...

• Word Count: 1506
• Approx Pages: 6
• Grade Level: Undergraduate

The fight for individual and human rights began by the working class with the rise of communism. ... For example, the Berlin Wall was built in 1961 with the purpose of keeping citizens of Berlin in Germany (Hansen 11/16/12). ... The introduction of more individual and human rights began with the collapse of European economy. ... Growing up in between both cultures, those with dual-nationalities were able to assimilate without losing their heritage. This shows that the problem with integration is the acceptance of others. ...

• Word Count: 2113
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

Within the narrower context of modern economics in The Wealth of Nations (1776), Adam Smith confirms Hobbes's idea that self-interest could indeed serve public welfare. ... This shared obedience to the laws of nature is consistent with human rationality, since it protects men from fear and suspicion of potential infringements of immoderate power seekers. ... Contrasted with social welfare, a "social murder," as Engels puts it, is committed by a small segment of the society to another segment (Engels, 25). ...

• Word Count: 1845
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate