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Economics

The 1973 Arab Oil Embargo Aftermath

Can we expect 1,000% inflation due to higher gas prices?


Ruined Rural Economy – Debt Death Trap Part - 11

The article revolves around new concept of Debt Loan Economy being advocated by trio and economist. It analysis various facets of DLE; and its effect on farmers. An endeavor has been made to suggest measures to check loans and various policies forcing farmers committing suicide.


Enhancing Agricultural Productivity and Competitiveness

Promoting agricultural productivity and competitiveness. Investment in agriculture – fishing, forestry, irrigation and drainage, agricultural trade, and agribusiness – has increased significantly. Rural infrastructure, which is integrally linked to rural development, has received the largest amount of investment


How Crude Oil Prices Impact the Consumer

While very few of us think to check the current rate of crude oil prices, the fact of the matter is that every chance in the cost of crude oil makes an impact on our lives. Here are a couple of examples of how we are affected by the price of crude oil.


Global Economy And The Unions

I listened to a Kenyan veteran world trade unionist talking during Labour Day celebration in Kenya, and I felt he echoed a fast fading and receding trade union sentiments. He talked about making sure that government and state corporation officials fly the national carrier only. He also talked about making sure that organizations are headed only by nationals, especially where there are qualified personnel.


Technocracy Wishes to Change the Price System

Some advocates of Technocracy claim as a point of contention in the debate over the current price system, that humans will always want more under conditions of scarcity. Now then in considering this debate, can we say that this is true in the absolute? We know that oil for instance will become more valuable a commodity as demand exceeds supply, yet at some point there will be a price at which fewer will buy.


Technology, Scarcity and Technocracy Debate

There are some who are against technology, I am not one of them. In fact, I believe with technology comes responsibility too. For instance just because you can drive everywhere these days does not mean you should not talk a walk, jog or ride a bike to stay in shape. Of course there is another debate on this subject which is of value and that comes from a few of the members of Technocracy.


Henry Ford and a New World Order

The New World Order is destroying the United States.


Depression Not a Recession

Most Americans are expecting a recession. They're wrong. It's going to be a depression.


What is Microcredit?

Microcredit is the extension of small loans to people too poor to qualify for traditional bank loans. These very small loans allow the poor to develop their various businesses and trades. As a result people have the chance to bring themselves out of poverty. Microcredit goes directly to the people who need it and instills a sense of pride that can sometimes be lost with traditional charity handouts.


What is OPEC?

The Organization of Petroleum Exporting consists of 12 member countries who have a mutal interest in the exportation of petroleum and petroleum products.


Consumerism, Greed And Easy Life Is Depressing World Resources

It is only in a few isolated places that population growth may be contributing to fast depleting resources. But for the rest of the world, it is ferocious consumerism, greed, and easy life of the modern man. Man has become a monster that need to be tamed, so that the earth will become safe and be able to replenish and regenerate to continue providing for her inhabitants.


Will Iranian Intervention in Crude Oil Markets Sink the US Economy?

Some very interesting economic papers have been written on the subject of Iranian manipulations on crude oil markets and the effect this might have on the United States economic global power house. Other interesting articles have appeared in the Economist and other well respected economic journals suggest that moving crude oil to be traded in the Euros instead of dollars might send a crushing blow to the economic stability in America.


You Cannot Build a Free-Market Economy Going Half-Way - China

China has posted year over year growth of about 10% and many economists say that is where the money is. Indeed there is a lot of capital flow there, but we have just witnessed a near disastrous stock market correction. What is going on in China? Is China really interested in free-markets? Well let's look at some of the issues?


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