Essays on Economics

The book Requiem for a Dream, written by Hubert Selby Jr., was published in 1978 and is, in many critics’ opinions, Selby’s most extreme yet sincere illustration of the American Dream or in this case the failure to complete it. The American Dream by definition...

Any country has its way of development. Some countries maintain to thrive in a quickly changing environment, and some have difficulties. Often, IMF and World Bank, which is supported by developed countries, tend to guide underdeveloped countries to make progress by introducing neo-liberalism policies. However,...

F. Scott Fitzgerald’s The Great Gatsby relates to today’s society with corruption and unhappiness that money brings. The novel shows how people’s morals back then and today are basically the same. If Gatsby has money and all the rich nice things, like his house and...

Just because society follows the ‘American Dream’ of monetary wealth, does this mean we must chase the dream? In all generations people strive to be rich and famous like it is a timeless behaviour. People are pushed to chase the dollar above anything else. In...

John Steele Gordon for the past 20 years has been a very highly experienced specialist in the business field. As well as being an author of many scholarly books, he was a contributing editor to American Heritage, written by John Steele Gordon. The argument that...

What is the American dream? To some the answer of that question is obvious. However, author Hunter S. Thompson believed that the American Dream wasn’t something that could be understood without experiencing it firsthand. In his fictional autobiography Fear and Loathing in Las Vegas Thompson...

In the present configuration of an increasingly globalised world, the volume of global trade transaction has been continually increasing. Furthermore, it can be argued that the current international trade regime has its root on the specific neo-liberal attributes to globalisation. Indeed, institutions such as the...

Free trade can be defined as “The movement of goods and services among nations without political or economic barriers.” Businesses partake in markets like EU due to the benefits that it gives such as trading to other countries in the EU without the trading barriers....

Throughout history, Nixon, the 37th President of the United States, who visited China in 1972, gave the first sign of free trade between two countries; Obama, ex-president of the America stressed that the United States strongly supported free trade, so as Trump claimed. Back to...

Just after WW2, there was a general belief that the lack of free trade was harmful and resulted in economic recessions and even depressions, specifically the Great Depression 1930, which was vividly within living memory of governments and societies then. These ideas were further supported...

When it comes to looking at what kind of trade arrangement a country should seek to achieve economic growth, there are various debates favoring each side: free trade and protectionism. Free trade is when goods and services are traded between countries with as few limitations...

From the growing concern over Donald Trump’s imposing tariff hikes against Chinese goods and Britain’s ministers negotiating trade deals with the EU, reflects a resurgence of old arguments about the benefits of free trade. This debate has been ongoing for centuries because the advantage of...

Where anyone who is willing to work diligently and honestly obey the law can achieve the happiness declared by the founding parents. And this idea has become relevant to many people in all countries of the world ‘American Dream’ is notable for its vitality and...

Some 19th-century industrialists UN agency were known as ‘captains of industry’ overlap with those called ‘robber barons’. These embody individuals like J. P. Morgan, Andrew Carnegie, Andrew W. Mellon, Henry Ford, and John D. Rockefeller. There was a time in U.S. history when the business...

There were many individuals who contributed to the advancement of America during the industrial revolution. Most of these individuals were labeled either robber barons or captains of industry. Captains of industry typically led in truthful, hard-working ways to the nation. However, the robber barons were...

The factors that go into the creation of America as a worldwide industrial leader are numerous and deeply interwoven, but a prime sources are the development and implantation of new technology, and the exploitation of workers. If there was an ethos that defined American industrialism,...

Is enough ever enough? A happy employee of any company who has job satisfaction in activity, wages, and benefits will change companies if offered the same job with better wages and better benefits. A Fortune 500 company is not likely to hire an candidate for...

With the 2020 presidential election being about a year away from now, political parties and their presidential candidates are trying to increase their popularity before the election comes around. Some of the major presidential candidates from the Democratic Party includes Michael Bennet, Joe Biden, Cory...

The role of the international trade in the American foreign policy before the year 1914 can be divided into two major facts other than the major points mentioned in the book’s chapter for the past two decades, and this was according to the journal published...