Supply-side economics is a theory that has had a significant impact on economic policy in recent decades. Coined in the 1970s, supply-side economics argues that economic growth and prosperity can be achieved by focusing on the supply side of the economy rather than the demand side. In other words, by providing incentives for businesses and… Continue reading Supply-Side Economics Revisited: Examining its Role in Shaping Economic Policy
A Heavy Toll: Examining the Aftermath of Investment Banking’s Collapse The collapse of investment banking in recent years has left a heavy toll on the global financial industry. Once seen as the pinnacle of high-flying success and wealth, investment banking has now become a cautionary tale of greed, excess, and systemic failures. The roots of… Continue reading A Heavy Toll: Examining the Aftermath of Investment Banking’s Collapse
Rethinking GDP: Examining New Methods to Evaluate Economic Success Gross Domestic Product (GDP) has long been considered the go-to measure of a country’s economic success. It serves as a yardstick for policymakers and economists to gauge a nation’s overall economic performance. But is it an accurate and comprehensive measure of a country’s well-being? Many experts… Continue reading Rethinking GDP: Examining New Methods to Evaluate Economic Success
Subsidies are one of the most common policy tools used by governments to influence economic activity and promote specific industries. While they are often implemented with good intentions, subsidies have both positive and negative effects on businesses and consumers. In this article, we will examine the pros and cons of subsidies and their impact on… Continue reading The Pros and Cons of Subsidies: Examining the Impact on Business and Consumers
The business cycle is a recurring pattern of expansion and contraction in economic activity. It consists of four phases – expansion, peak, contraction, and trough – that interact and influence the overall health of an economy. One of the key measures used to track these fluctuations is real Gross Domestic Product (GDP), which provides a… Continue reading Tracking the Ups and Downs: Examining the Business Cycle’s Influence on Real GDP
From Austerity to Expansion: Examining the Evolution of Public Finance Strategies In the wake of the global financial crisis in 2008, many countries adopted austerity measures to tackle their rising public debt and budget deficits. The mantra of cutting spending and increasing taxes became a prevailing strategy among policymakers. However, in recent years, there has… Continue reading From Austerity to Expansion: Examining the Evolution of Public Finance Strategies
