Category: Public Finance

The fuss about trade disputes

InternationalTrade

What does a small-scale farm-holding, two presidents, some tech companies and their respective local currencies all have in common? Well, the answer might be obvious if you have been paying attention to the so-called trade war between China and the US in the news lately. But why is it of concern and what are the

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How countries operate

At times, we can all become frustrated by political agendas, misfortunes and perceived lack of planning by various governments around the world thus quite often not seeing the bigger picture – or the economics of how countries work. Naturally, the political fracases provide fuel for media companies who in turn bombard us with their 24-hour

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Peer-to-peer service

Binary

History has taught us that a fully centrally controlled government system fails completely – well, in the long run. Though the idea of a communistic system has its merits and would still work in some sectors of an economy, it omits the very thing that was provided to us as human beings – choice. Knowledge

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Elasticity and Sin Tax

We can change our dependence on certain goods and services so that we don’t take too high a knock when their prices fluctuate. Life is about making choices. As rational beings, we tend to make the choices that benefit our wealth and well-being. But some options and choices have to be made on our behalf

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