Essays on Economics

Capitalism or Communism, which side you are on? It is either black or white, you cannot choose both nor you can be in the middle. Pick your side. Well, I will try to help you with your answer. An answer to such question will require…

Karl Marx (1818– 1883) is best unbelievable not as a mastermind but rather as a progressive, whose works influenced the motivation of the various socialist routines inside the 20th century. It’s laborious to consider numerous who have had the most amount impact inside the making…

In 2017, South Sudan experienced famine, “an extreme scarcity of food” (ConcernUSA, 2018). The United States foreign aid sent 265 million dollars of assistance, including aid and emergency food and water; saving many lives. Foreign aid can be food, water, money, protection, or medical help…

Introduction Foreign Aid is a term we hear a lot in the news, especially now with all the talk of the United States stopping the distribution of it to certain nations. However it’s something most people don’t have a clear understanding of and they just…

Foreign Aid has been a major issue in the world’s political system for years. With some believing that the aid should decrease or stop and others pushing for it to stay or increase, nobody seems to win. With the help of the readings, it became…

The national debt impacts every citizen in America and the idea of it is a huge elephant in the room for every politician and taxpayer. The national debt has just recently hit 23 trillion dollars and is increasing at every second of every day. With…

One of the most important factors that is a driver for financial growth in any economy is the accessibility of credit since it can be used to allocate resources into profitable areas that will in turn lead to growth in production as well as work….

The book Freakonomics written by Steven Levitt and Stephen Dubner, is a novel written with a purpose to examine life’s oddities with the tools of economics. The third chapter of this book is entitled “Why Do Drug Dealers Still Live With Their Moms”, and the…

There are no two people who view the world exactly the same, and with that being said, we want people to view the world the way we do; persuading one another to see what we see. There are multiple sides to everything. As you may…

This paper will serve as a response to the book Freakonomics by Steven D. Levitt and Stephen J. Dubner. Levitt, an economist, and Dubner, a writer, teamed up to write this book to initiate unique thinking about the world today. The book covers a wide…