Problems of Budget Deficits

A budget deficit occurs when Government spending is greater than tax revenues. For political reasons a budget deficit often occurs. Politicians never gain votes by raising taxes and cutting spending. With many major World economies facing a large budget deficit. It is worth considering the main economic disadvantages of Government borrowing.

Ruined Rural Economy - India Have We Part 2

The article deals in depth the effect of the metal industry over agro due to neglected priority of GOI and subsequent lapses in taking care of farming sector and villages.

Is Mankind Outgrowing the Price System?

Some people have noted, even economists that the Price System, that we use in human societies and civilizations is outdated and unworkable. They cite the disparity between rich and poor and all the poverty in the world. To a degree one would have to admit upon thinking about it, that it is not the most perfect system, as it often rewards certain types of behavior which undermines the whole (the rest of the population) for the betterment of a few?

Ruined Rural Economy India - Forgotten Common Man - Part 7

The article in series of Ruined Rural Economy further highlights as to how GOI is forgetting a common man at all. How brutally four farmers were killed on 14 March 2007 at Nandigram in Wesy Bengal is analyzed in the light of Special Economic Zone (SEZ) at the cost of human lives.

Connecting the Dots of the American Financial System - A Homespun View

Remember those activity books for children? They were mostly coloring books with additional pages thrown in; mazes, word games, puzzles, and of course, follow the dots. I always liked the numbered dots, since at the end I could see a picture. Sometimes the image was totally different than what I expected.

Where Does The Money Come From

The one question nobody asks, and the one driving force that defines the sad state of the world today. The fact is, nobody knows, apart from a very few. But there are a few things we do know. We know that the money supply has been increasing world-wide at around 7.5% per year, and that local governments do not create any of it. And we know that all new money is issued by the banking system as interest-bearing debt. This truly is a curious state of affairs whereby someone somewhere is creating all this new money out of thin air and selling it to us through the banks at high interest.

Is a Recession Likely for UK Economy?

With growth forecasts in the UK currently of 3% it seems highly speculative to start talking of a recession in the UK. However there are certain factors that cause an element of concern.

The 1973 Arab Oil Embargo Aftermath

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

Agriculture Investments Stabilize at Around $2 billion, but a Significant Increase in Africa

World Bank investments in agriculture are stable at around $2 billion for FY06. This year marked a notable lending increase in the Africa region, with investments rising from $295 million in FY05 to $685 million in FY06. The increase represents the highest level of lending in agriculture since FY90 for Sub-Saharan

Social Well-Being, Risk Management, and Reducing Vulnerability

Commodity risk management. Price and weather risk management insurance provide farmers and institutions in developing countries better tools to manage exposure to price and weather fluctuations and potentially expand access to credit. Pilots are underway in India, Tanzania, Malawi, Ethiopia, Thailand, Nicaragua and Honduras and are under development in Kenya, Madagascar, Vietnam, and Bangladesh

China 2008 - The Beijing Olympic Games

Olympic games are a showcase for countries, cultures, economy for the countries which are awarded the possibility of showing the best they can show to the world. Beijing games are very important for the world to know about this great nation which is becoming a great player in world economy and all areas of human development.

One World Currency and Why it Matters

Many world economists see a time in the not so distant future when National Currencies are merged into one or a few. It makes sense considering the massive electronic flows of the money. Of course some nations are very concerned with this as no one wants to be on the losing end of the stick and get trapped with mass devaluation or hyper inflation after the switch-over.

Population Clock Ticketh

Many folks decry the New World Order, yet really it seems that they do not fully understand what they are talking about. As the coordinator for the Online Think Tank many people wish to warn us about the New World Order and ask if we know anything about this so-called conspiracy. What conspiracy? Actually yes I have heard of all this stuff.

Why Understanding Historic Crude Oil Prices is Important

They say that those who do not pay attention to history are doomed to repeat it. Perhaps that is why more people consider historic crude oil prices and understanding what drove those trends to be very important to the way we run our homes, businesses, and governments. In particular, we can learn lessons from reviewing crude oil pricing of years past and use that data to minimize some of the consumer hardships that were endured at the time.