Essays on Economic Problem

One critique of mainstream economics is that their “economic science” often fails to be a valid indicator of real world events. For example, an economist does not test his or her hypothesis until it is widely agreed or proven, like that of a physicist would....

Russia has never been on the forefront of innovation in any major field. They are always playing catch up with other super powers, primarily the United States. Some of Putin’s early reforms put them on the right track, but since then, there has not been...

“There can be no real political democracy unless there is something approaching an economic democracy. ” (Theodore Roosevelt). The first point needed to be discussed is what exactly an economic democracy means. In simplified terms, it is basically the philosophy according to which the power...

Globalization of markets is one of the most interesting improvements of this century. Its impact on economic trades, developments, institutions, and players is intense and wide ranging. It challenges existing rules and behaviour and it requires different mind sets. Yet, it creates opportunities for the...

Life consists of different stages and each phase has its various commitments and norms. The old age period is most difficult step,particularly,when aged people feel old, they suffer from some problems,one of which is economic issue that is so crucial. For that reason, the economic...

Ideologies of supporting Hungarian minority communities are not restricted to the national domain: although much less elaborately and explicitly formulated, images of poverty and under-development of ethnic minority communities are also included in these ideologies. The modernisation discourse is a global hierarchical classification system that...

One thing is certain in life; economic booms and busts are unavoidable. But what is not as certain is how people are dealing with the downturns and the tough financial crisis. The impact of a recession on small businesses is similar to large businesses. Without...