Participatory economics

Our country, the Philippines. Occupant are keep on rising much faster compared to our frugality. Our country indeed has been as sluggish as lackadaisical when it approaches to the aspect of improvement. It grosses a lot of years, even periods for us to be able to take an advance movement towards one step of modernization. Other nations like Singapore, which has been populate by other more influential country had been able to adapt yet get up and make themselves more prolific. But all through the…

“rogue economist” explores the causes behind many of the world's economic situations, such as how a woman’s fight for the right to abort her baby led to the decrease in criminals 50 plus years later, or how crack gangs show an uncanny resemblance to a capitalist enterprise. Levitt, sees beyond the average economist and looks to solve the riddles that define our economy today. Many people may see Levitt’s ideas as anything but economics. That is because Levitt sees deeper than the interest rates…

LOGISTICS MANAGEMENT FROM MIAMI TO THE REST OF THE WORLD Are you moving goods and/or services from Miami to other parts of the world? A reliable logistic management company in Miami can save you from the moving stress and hassle! Logistic management is one of the critical activities of businesses and forms the crux of entire dealings. It is the process of managing the flow of goods and services from the vendors to the end-users. That is, from planning to organization to execution activities to…

Summary Criminology studies the reasoning and factors as to why individuals engage in criminal activities. In classical criminology, social philosophers Cesare Beccaria and Jeremy Bentham developed a theory of crime that criminologist and theorist still use today (Akers 2017). In classical criminology, an individual commits a crime by making a rational decision. That decision is based off of whether the benefits that one might receive by offending outweighs the consequences such as being caught…

all the way back to 1850. The audience is not specific, but could be useful to anyone wanting to learn more about Cuba. The author starts the paper with overall history of Cuba, which is unimportant to me, but then goes into the government and economics of Cuba, which is very important. Cuba is a totalitarian state, who leader is Fidel Castro. He is the leader of everything and runs the country by himself. Cuba’s over government party is the communist party, which is Castro’s personal…

In the article “Will Artificial Intelligence Eliminate My Job?” written by Rod Koch (Strategic Finance, 2017) the author examines the influence of Artificial Intelligence or AI to the labor force through a series of his experience and analysis. I enjoyed this article because it discusses AI, one of the hottest technology trend today. I find the article’s title is the same question that has been asked by many people, including myself. I certainly agree with the author about the impact which AI…

In the scholarly journal article Bursting the Bubble: The Socio-Cultural Context of Ecotourism, researcher James G. Carrier and University of Glasgow lecturer Donald V.L. Macleod utilize two case studies about ecotourism in the village of Bayahibe in the Dominican Republic and the city of Montego Bay in Jamaica in order to argue that the main objectives of ecotourism do not align with the socio-cultural and environmental effects of ecotourism. While Carrier and Macleod maintain that the…

ADAM SMITH Popularly known as the father of free market economic theory in the 17th century. Smith was also a philosopher and invented the idea of division of labor during the Scottish enlightment period. He is best known for his two-classic works, “THE Theory OF Moral Sentiments and Causes of Wealth of Nations “Smith’s theory of wealth of nations has promoted competition in western civilization. Besides, his idea of division of labor has led to efficiency in the production of goods and…

Marx explained in chapter one what a commodity was and the difference between exchange value and use value. A commodity is used to in order exchange for another commodity, therefore keeping trade and the labor force alive. As Marx would say “A means to an end”. Marx says “commodities must be realized as values before they can be realized as use values” (179) which further supports his point. Then they split off into either use value or exchange value which separate the commodities. One must…

fast food workers demand an increase in hourly wages of up to $15, but it is unsuccessful. The minimum wages cannot give an acceptable standard of living in the US, and people are forced to resort to state aid. White House affirms that in today’s economic environment, the wage will be increased to $9 per hour for poor…