Economy

Tourism can be a great way for places to generate income and jobs, as well as raise their profile, but it can also have downsides. I list the main advantages and disadvantages of tourism.

The evidence of this study suggests that financial crisis was not avoidable. However, some issues must be taken into account depending on firms or banks that they choose in order to avoid a financial crisis.

Neo-liberalism was the brainchild of Milton Friedman and Ludwig von Mises. They convinced Thatcher and Reagan that a free market without regulation and low taxes would result in wealth for all.

This hub lists 7 countries that experienced negative economic growth in 2016

Gain insight into the efficacy of post-communist economic and political reforms and better understand Vladimir Putin's hold on power.

Capitalism and socialism. These two systems are two very different ways for society to go into the future, and both have strong supporters and opponents. I'm solidly a capitalist, and in this hub I will explain to the best of my ability why. Why is capitalism good? Why doesn't socialism work? Comments are welcomed.

West African fisheries face grave challenges. This paper proposes how to resolve them or at least mitigate their difficulties.

A summary of the next Industrial Revolution - Industry 4.0 - and the expected social and economic changes this will undoubtedly lead to. We are currently near the end of the 3rd revolution and I think we will be moving almost immediately into the 4th Industrial Revolution.

With the politicization of absolutely everything in life, we have forgotten that civil discourse and ethics of leadership really do set the tone for all of society.

This will be a review of China's meteoric economic rise, and how it came at the expense of America. China has not only surpassed America, but it has perhaps crippled America's ability to recover.

This list of the pros and cons of globalization attempts to give a summary of the essential for and against arguments employed by people when they debate the merits of globalization.

NAFTA has had a controversial impact on the countries involved. This article explores the effects of the agreement on the United States, Mexico and Canada.

Capitalism's excesses are becoming too much for the world to bear. Three seminal events in the last eight years have highlighted this fact. The 2008 crash, Occupy in 2012 and Bernie Sanders' rise. Those are not three separate events, but a cascading evolution to something new, more sustainable.

Has Cuban socialism benefited its people? This summarizes the pros and cons of socialism in Cuba and asks what the Cuban revolution has achieved.

A look at the shrinking middle class and what may be causing its demise.

Raising the minimum wage isn't the solution for low-income workers. The point overlooked is that the work performed needs to generate more revenue than salary, so funds are available to cover other business expenses.