Demographic-economic paradox

The physiocrats were a group of French economists whose ideas were developed in the wake of the economic and social disorder that was, at least partially, due to the effects of mercantilist policies (Huh, 2016). Physiocratic thinkers such as John Law, Richard Cantillion, and perhaps most notably, Francois Quesnay made lasting impressions on economic thought and were instrumental in establishing the idea of the free market. Unlike the mercantilists, the physiocrats largely believed that the…

The study of development is so often focused primarily on the economic sector of growth or lack thereof. In that, while we frequently discuss notions of power, the labour market, and various economic theorists - it is seldom acknowledged how living in these economic conditions affects the citizens on a human rights level. I am of the opinion that human rights enforcement and economic development need to occur hand-in-hand, to avoid instances of international exploitation and rights infringements…

Trinidad rapidly grew and Trinidad soon started to expand their plantation to not only sugar, but coffee, cacao and cotton. By the 1800s Trinidad 's economy was agriculturally based on the export of cane fields, coffee and cacao. Aside from the rapid economic growth of Trinidad, Tobago was also one of the top producers of sugar. When the British took Trinidad from Spain in 1797, followed by ceding Tobago from France, in 1802, slavery was soon abolished. Since slavery was abolished, workers from…

The middle colonies include New Jersey, New York, Delaware, and Pennsylvania. Note: There are no promises everything will be perfect but, definitely a better life in the long run for your ancestors to live on. I can not pay to get over: That is not an issue, You can work for 4 to 10 years as a helper to a family and your boss will pay for our ticket over. That will give you food and a place to live. As well, You have rights at your home. Daily life On a normal day for the middle and…

Figure 1 below illustrates the predicted route of the track as identified during the least cost paths analysis. The four parts of the route are shown: Punakiki to the ventilation shaft; shaft to the mine portal (lookout point); portal to the amenities area; and the ventilation shaft to Blackball. The results clearly illustrate it is possible to use cost paths modelling to identify a track. However, further assessment will be necessary around the aesthetic value of the track, to assess whether it…

was the key to everything that the higher classed individuals said and did. In the economics of piracy, the reputation of any captain could provide the highest level of benefit for the lowest cost. In the upper-class society, marriage transactions were the process of exchanging or conglomerating wealth and reputation…

Humanizing Trade: Economic Growth and its implications on Poverty. Mahatma Gandhi once wrote, “Poverty is the worst form of violence.” Few would disagree. Rural poverty, low-wage jobs, poor labor rights and lopsided trade policies are fast killers of human capability and encourage extremist behavior. To reduce poverty, neoclassical economists & neoliberal politicians argue that trade liberalization contributes to overall growth, however, growth is simply not enough, trade should only be…

detrimental to innovation and growth… growth-enhancing investments need to be maintained over the long-run.” By intervening in the depleted nuclear energy market, the government understands its responsibility to maintain macroeconomic stabilization in hard economic times. Such government stimulus will be used to foster cleaner innovation in the energy sector, as well as preventing the losses of jobs of factory…

Highlighting an interesting topic in the economic sector, Mr. Rick Newman develops a valuable analysis based on the data extracted from the Housing Market Recovery Index (Housing MRI) research project. Using two different charts that belong to the same general data (the market’s leading housing recovery cities and the market lagging housing recovery cities), this economist creates a close relationship between Unemployment Rate and the Average home price change since the housing market bottomed…

China 's unemployment rate has remained questionably stable at around its current level of 4.1% for the last decade or so. Unemployment rate only increased to 4.3% even when an estimated 20 million migrant workers were laid off during the global economic crisis in 2008. The reason behind this is because the official unemployment figures only includes urban workers who registered themselves as unemployed. Less than two thirds of the urban working population in China are made up by urban workers.…