RSSAll Entries in the "Economics" Category

Cyclic Character of Modern Economic Development

lamara qoqiauri asked: Important appropriateness of  development of modern economy is its cycled  character. Puriny every structural crisis of the world economy new opportunities are formed. Capital of the countries, which were leaders during last cycle, is being devaluated. Qualification  of lab our forces in field using old technologies are being ruined, while the countries, [...]

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Economic Justice and Democratization of Economy to Create Ideal Society

Prof Viswanathan asked: Economic Justice and Democratization of Economy to create Ideal SocietyByProf Viswanathan,Director,International Socio-Economic Research Bureau(E Mail Id : economist@dataone.in)DECLARATION OF JUSTICE AND HUMAN RIGHTSWe, the people of all the countries, in harmony with the sovereignty of the Universal Justice hold these truths to be self-evident that every creator has inalienable ‘Right to Ownership’ [...]

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Science, Ideology, and Economics

John Kozy asked: Alan Greenspan’s The Age of Turbulence contains a chapter titled The Modes of Capitalism which is full of revelations which Mr. Greenspan unfortunately failes to recognize. The chapter describes the various forms Capitalism has taken in a number of countries, mostly North American and European. Of course, that such various forms of [...]

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The Importance of Understanding Economic Terms

Vladimir Gonzalez asked: The Importance of Understanding Economic Terms The term “Economics” is commonly defined as “The science of how people make choices for the allocation of scarce resources to satisfy their unlimited desires.” Though a major concern, which analysts should pay more attention to, the distribution of wealth has lately become less important than [...]

Depression 2008: Review of the Economy 2008-09 in India by Economic Advisory Council

V P Singh asked: INTRODUCTIONI remember that it was the mid of September 2008 when the clamorous news regarding the economic turbulence, emerging from US and encompassing the European countries, were capturing big space in the international media. Indian economists, government, leaders and even media were silent on the issue of apprehending the turmoil’s transition [...]