The Economist

there is a scarcity present, then there is a choice to be made about this scarce resource. Moreover, Rittenberg and Tregarthen (2009) also point out that what distinguishes economic approach from any other science, whether social or not, is that economists study this “choices” assuming that people try to maximize their decision making to reach a maximal value. These maximizing choices are presumed to be made at the margin and with the aim to reach maximal profits or utility (Rittenberg &…

process article that discuss how to study better during the night. Both articles are too have different methods to explain their topic, but both do share a common interest. “Higher Education: Not What It Used to be”, is an article written for The Economist which is a British magazine. In the article it explains the how…

At that time the Classical method seemed not working and make American economic suffered more clumsily. The Classical economists during that time could only repeat old treatment which did little to solve the depression, as the economy turned into crisis, the business-cycle went down and did not come up again by itself so the new situation and was replaced by new economists that we have known as "Keynesian" nowadays, but at that time Keynesian had not been popular yet. Keynesian belief that the…

prices it has low cost. It is very convenient in the consumers. The Article shows the evolution of Monopoly. Economist of different decades has views and beliefs which were used and implemented by the Legislative/Government. Competition in the market is stiff in many companies.…

whole concept of European Union. “The total population of candidates from East European countries is 130 million” “A completely new configuration would be at stake” (p. 127). New, bigger and stronger conglomerate required economic reforms and many economists of 1990s were…

In connection to America, child labor is a serious problem in the present day just as it was in the past. America used child labor until tragic events and laws caused a change, but continues to support such a corrupt system though its companies. Child labor may be illegal within the states, but America still benefits from it. Many big companies in retail use child labor in other countries. Clothing, technology, and food companies use sweatshops and factories to have their products produced. The…

personally and politically. It is argued in many different ways, especially on its denotation. Education is looked at in many different ways and its value to Americans is just as varied. Articles by Lawrence, Menand, Rose, Tierney, Brownstein, and The economist emphasize on the significance of a post-secondary education; however, they each have differences within their articles just as well as similarities. Each author has a similar presumption of education having a great value to people. They…

On Thursday, June 23, 2016, a referendum was held in the United Kingdom (UK) to determine whether or not the UK was to remain in the European Union (EU). Nearly 30% million people, representing over 70% of the UK’s voting population, voted on the referendum (Hunt and Wheeler). Results were in favor of the UK leaving the EU, although the vote within England was a close 53% to 47% vote. Similarly, 52.5% of votes in Wales called for exiting the EU. The decision to leave the EU has become known as…

regulated by the microbiome in a similar way to the formic acid role in the high blood pressure case. He concludes that the intestinal will bypass and disrupt the microbiome. This causes the signal to reset and the diabetes will eventually vanish (The Economist, 2012). There is a study that provides evidence on there being a linkage between metabolic diseases and bacterial populations in the gut. The study compared the differences between the composition of intestinal microbiota in people with…

likely to have babies than their native-born counterparts. Immigrant women who have spent five years in Canada “have almost twice as many children of pre-school age (as) the average Canadian-born woman,” according to an extensive study by two noted economists. The University of Waterloo’s Ana Ferrer and Princeton University’s Alicia Adsera pored over two decades of Statistics Canada census data to reach their conclusion. There are major birthrate differences depending on newcomers’ country of…