The Economist

claimed that it was passed down, generation-to-generation, until it was laid to rest at Sidney Sussex College in Cambridge (The Economist). This suggestion could very well be true. Jonathan Fitzgibbons addresses it, and confirms that the head that ended up in Cambridge was actually Cromwell’s, thanks to the forensic science of the recent decades. According to The Economist, the embalming and examining of the head before the burial of the head that should be Cromwell’s is almost exactly matches…

product by a third in ten years. These claims are so outstanding an unbelieveable they were bound to attract attention. Two economist that were discussed in the article were Christina Romer and David Romer, who have recently released a forensic examination of Gerald Friedman’s claims. In their examination they found one crucial anomaly in Gerald Friedman’s claims. Most economist think that when government spending increases temporarily…

life, and crucial to our economy (Tierney 1). While others may have opposite views such as the value of college has decreased significantly considering many students are taking out loans that they can’t afford to pay back even after graduation (Economist 1). There are individuals who view the current policies such as consultant profiteering, and massive teacher turnovers to be the most significant issue (Strauss 1). Many of the authors have similar views on the value of education, but the debate…

organized counter-arguments. Throughout the article, the author mentions several credible sources and experts to make his claim believable and true. Bailey mentions sources such as the Bureau of Labor Statistics, Technology CEO Council, plus many economists with experience in technology…

His first question to his audience is “what is the true state of the so called “American dream” today?” By asking this question he arises a personal connection with his readers by considering what the American dream means to them. King then askes the American people “is it still around, waiting to be achieved by those who work hard enough, or is it effectively dead, killed off by the great depression and the economic hardships that many Americans have come to face?”. (Page 610, para #1) Now that…

A person’s outlook in life is a deciding factor on their happiness and there are many different ways to be happy. Being happy can be found for example by contributing to the society. It is the desire of happiness that drives people to do what they want in life and to view it the way they want it to be seen. Emily Smith and Dan Gilbert are two main researchers and authors who explain how people view happiness. Happy people satisfy their wants and needs but lack purpose and is irrelevant to…

In his book, Rewarding Work: How to Restore Participating and Self-Support to Free Enterprise (Harvard University Press, 197), economist Edmund Phelps offers this plan to help the working poor: apply tax credits for “qualified employers” or hire disadvantaged people for “eligible jobs.” Evaluate this plan in terms of market incentives, one of the ten principles of economics, to work and current welfare programs. Is the Phelps’ plan an improvement over current government policies? Discuss.…

measures that were put forward by its chairman at the time Alan Greenspan. One of the actions that he took that was seen to have brought about the recession is the lowering of the Federal funds rate to 1%. The reduction of the rates according to economists led to the injection of massive amounts of easy credit based money into the financial system (Atif Mian). The increase of money into the financial system usually results to an economic boom. Apart from this, Greenspan has also been seen to…

18-64 have no workers” (2). This means a majority of these families are in poverty because of unemployment, not the minimum wage. A study revealed that many minimum wage workers are in poverty because they are unable to find full-time work. Also, economists have determined that the proportion of benefits from a minimum wage increase heavily favors non-poor families and have proposed alternative methods to bring greater benefits to those in…

He is best known for Say’s Law, which maintained that supply creates its own demand. (Moore, 2015) The second model is the Keynesian Model which was developed by economist John Maynard Keynes, in an attempt to understand the Great Depression of the 1930s. He theorized that…