Discuss Economic Policies to Improve the Health of the Nation Can we use economics to improve the nation’s health? For many years rising living standards led to improved health and life expectancy. Greater national income enabled more to be spent on health care. Combined with improved medical technology, life expectancy rose. However, in many western …
In 1945, 500,000 people worked as coal miners in the UK. Today that figure is a fraction. Maybe 1% of the half million are still employed as coal miners. By contrast Tesco now employs 500,000 people across Europe – making it the biggest employer in the EU. In 1945, the first supermarkets were yet to …
Readers Question: What are the advantages of Nuclear Power? Nuclear power currently provides 15% of the world’s electricity supply. Once built nuclear power is relatively cheap and safe to produce. However, concerns over radioactivity and safety have led to calls for nuclear power to be phased away. Do the advantages outweigh the disadvantages Environmental Benefits …
A crucial issue at the moment is the state of the Chinese currency. Many feel that the Chinese government are manipulating the Currency to keep it undervalued. To keep the Renminbi undervalued the Chinese are selling their currency and buying dollar assets. The weaker Renminbi is good for Chinese exporters. It makes Chinese exports more …
Readers Question: Why do most people prefer inflation to deflation? is it because such guys are business owners and they don’t to earn a little or what ? what about poor people. how can they make ends meet? think properly, think widely, think about the poor first. then I am sure, you are going to …
To many people’s surprise, UK house prices have risen quite strongly in the past 12 months. If we look at the experience of Japan, United States, Ireland or Spain, it seems the experience of Britain is unusual. Countries like Japan and the US had a boom and bust in house prices, similar to the UK. …
Whilst the UK is slowly struggling out of recession – spare a thought for Greece, who are experiencing a real economic crisis – partly of their own making – and exacerbated by the straitjacket that EURO membership entails. The Greek economy has several significant problems Current account deficit of 14% of GDP – their exports …
The arguments for and against the legalization of cannabis and the taxation of the good by the government. Legalising cannabis and placing a tax on the good has several advantages Advantages of legalising cannabis 1. The Government can raise revenue from the tax. Because demand is likely to be inelastic, the tax revenue could be …