Why the Penny Should be Retired

Do you know it costs MORE to make a penny, than the value of the penny itself? If you have been provoked to think, do something about it!

Workers in Developed Countries are Not Creating Wealth

The vast majority of people in emerging economies work hard and honestly and they try to get something out of their hard work. It is a bit of exaggeration to say that most people in developed countries do not work hard or honestly, but too many people work in such ways that they do not exactly contribute to the development of their economies.

Are You Ready For The Next Global Depression

Oil and gas is fueling our economy and the world. Oil and gas is fueling our global warming woes. We need to make a choice now. Our climate, or our economy.

The Circular Flows of Economic Might

An entrepreneur is asked would he go work in China for an extremely large company there? This is an interesting question as so many recruiters are looking for folks to go to China who speak English and understand how to run a large company and have management skills. The entrepreneur thought about the incredible offer, benefits and pay and then stated;

Super Bowl Bets Beat Many Nations Gross Domestic Product

The figures are finally in for the amount of betting that occurred during the Super Bowl. The 41st Super Bowl had more betting than the gross national domestic product of the bottom 100 nations. Are we at the height of decadence as the Romans were at the height of their civilization? Does that mean we are at the top of the Bell Curve and ready to go down and decline as a nation. One would hope not and yet those are the facts.

Essential Oils – Alternatives to Afghanistan's Opium Poppy

Essential oils and spices – alternatives to opium poppy cultivation in Afghanistan? According to a recent press release by the UN Food and Agriculture Organization, Afghanistan is currently the world's largest producer of opium, the raw ingredient for heroin.

Heckscher-Ohlin model

The Heckscher-Ohlin model was primary worked out by two Swedish economists: Eli Heckscher and Bertil Ohlin who was Heckscher’s student in the 1920s.

Micro Economics-Intellectual Property and US-Chinese Relations Considered

How can some cities compete in World Markets when they price themselves out of the market due to local microeconomics, which drive costs sky-high? Take for instance Silicon Valley and the costs to do business there and the World Market they compete in to sell their software and technology.

The Asian Values Debates

The process of globalization overwhelms practically the whole modern world including not only well-developed post-industrial countries but developing countries as well. This process influences all aspects of human everyday life and it has already overcome only economical side of our reality. It is evident that nowadays not only economies of different countries change but also we observe a significant shift in their politics and their traditional way of life.

Owners Of American Dream

When Thomas Jefferson began work building Monticello in 1768 he not only laid the foundations for his elegant home, but instigated the idea of home ownership as the basis for happiness into the minds of the American public.

Our Essentials Evolution

Necessity can be placed on the lowest level of this continuum. It is the essential thing to upkeep survival, without fulfilling necessities our survival is threatened.

Will the New Apple iPhone Cause Poverty?

There is a naive belief that, as the rich get richer, they consume more of the world's resources and – in so doing – leave an ever dwindling amount of stuff over for the poor.

Should One Practice Anti-Trust Law to Insure the Free Markets Prevail?

As the operator of an Online Think Tank we spend quite a bit of time discussing Free-Markets and forms of government such as Capitalism and Communism, Socialism and Dictatorships and how all of it is so intertwined in World Markets.

Working For A Living

What happens to a culture when all its people do is work?

What is Ethical Clothing?

Garment workers throughout the globe are traditionally paid the minimum wage and work long hours in poor conditions in order to produce the clothes that we take for granted.