economics The Oscillating Value of Hard Work In Economic Cycles In essence, the value of hard work can differ greatly, subject to the economic state of a nation. There's an interesting dichotomy between countries experiencing substantial growth and those undergoing
economics Understanding the Paradox: National Account Deficits and their Impact on GDP Growth In this article, we delve deep into the world of national accounts and explore the often overlooked yet incredibly essential aspect of the GDP's structure. With countries like the UK
Future Marx, the Industrial Revolution, and the Evolution of Service Driven Capitalism: A Historical Perspective In this blog post, I delve deep into the theories of Marx and their relevance in the current era. I explore the shift from manufacturing to a service-driven economy, drawing
economics Balancing Private Sector Efficiency and Public Sector Regulation: Lessons from Ayn Rand The debate between private sector efficiency and public sector regulation is an age-old one, with roots in Ayn Rand's ideas, that still remains relevant today. In Atlas Shrugged, Henry she
International Relation Is There an Upper Limit for Democracy? Today, I would like to talk about an interesting topic that crossed my mind recently – the relationship between the size and population of a country and the effectiveness of democracy.
lifehack Travel on a Budget: Exploring the Best Value Countries with a Nominal Real GDP Gap When it comes to traveling abroad, how far your money can go depends on the strength of the local currency. The data reveals the difference between nominal GDP and real
