Marijuana Policy Project

David Post, a professor of education policy at Pennsylvania State University, investigated a hypothetical approach, that some would consider a solution to student debt, which in this case is, free tuition. His specialty is the topic of accessibility of higher education with Latin American countries and their national polities and cultures. With his background, he looked into policy in Ecuador that deems higher education to be considered “free” and found that…

There has been a lot of talk recently in the news about how money spent on prescription drugs has increased 3% in 2013, which results to about $329.2 billion. Those are astonishing numbers, now if you take that number and you divide it by how many people live in the US, that works out to be about $1,000 per person spent on prescription drugs. Since doctors hold the key in prescribing drugs, some doctors are prescribing certain drugs that pharmaceutical companies are requesting them to prescribe…

Introduction Economics is defined as “a study which its scope of influence comprises large number of activities.” The study has two sub divisions namely micro economics and macro economics. Micro economics is the methods through which things takes place within the system, it deals in the very micro level. The main focus of micro economics is on theories, mainly regarding behavioral patterns. Its major concern is on how things should function perfectly. For instance, Demand and supply…

Bitcoin’s design presents distinctive risks that differ from other payment methods and stores of value. It can be regarded as speculative assets. In this essay, I will focus on its transaction risk and the characteristic of bitcoin against monetary policy. Bitcoin is an irreversibility payment which highly creates transaction risk. If…

Paying for prescription drugs is no longer a problem just for the poor. As the economy continues to struggle, the amount of health insurance benefits are shrinking. Employers are requiring workers to pay more of the costs themselves, and many businesses are dropping health benefits altogether. People are dropping their insurance plans trying to save as much money as they can leaving less customers for insurance companies. The result is that remaining customers have to pay a greater fraction of…

influence of monetary policy created by the Fed. Monetary policy will dictate the money supply, therefore the inflation rate. However, the money supply has no affect on the factors that determine unemployment, such as market power of unions, role of efficiency wages, or the job search process. The natural rate of unemployment is affected by labor market policies (such as minimum-wage laws and unemployment insurance). Because different countries will have different labor-market policies in…

implemented an easy money policy which has added more than $1 trillion to income inequality (Belotti and Farley). One of the primary inequality factors under monetary policy has allowed programs such as quantitative easing to artificially injected money into the economy causing the equity markets to boom and interest gained from bank accounts to tumble. The prices of stocks, floating on this giant bubble, has exasperate the inequality problem. Another factor under fiscal policy has allowed the…

they participate in the discussions about the economy and contribute the options on which policy should be used (Federal Reserve, 2014). The committee meets eight times a year, unless an emergency meeting is held to discuss economic and financial development (Federal Reserve, 2014). The committee issues a policy statement that summarizes each meeting in accordance to the economic position and the policy decision (Federal Reserve, 2014). The chairman speaks to the press four times a year on…

International relations present a subfield of political science that examines the international politics of the world. International relations study the behaviors and interactions among various actors in forming international political processes. Theories are developed to better understand the events that occur in international relations every day in order to answer the questions in this area. Theories depict a domain within an organization and specifically tie together a field of inquiry in…

Problem and solution in Zimbabwe Introduction Inflation refers to rise or increase in prices and fall in the purchasing of the value of money. A problem tends to affect many countries worldwide. Among the countries that have been affected by this crisis, Zimbabwe is one of them. The problem always plunges many countries into long seasons of instability. It is one of the countries facing the problem of inflation for a longer period. The problem of inflation in Zimbabwe came because of bad…