“For individuals, knowledge can always be considered as the most valuable asset. …

“Countries all over the world are using these special purpose, stop-gap economic policies to fight their emergencies. Why don’t they use these to solve their economic problems in ordinary times?” Stop-gap economics can be referred to as an economic doctrine that is implemented as a short-term solution, only intended to…

Can cheap labor be considered as a blessing for further development or is this just a collapsing dream, a particularly weaponized variant of exploitation for the third world economies? Cheap labor is one of the key components that boost the modern capitalistic economic system. The rise of globalization and the…

As a matter of fact, the global financial crisis, originated in 2008, was the greatest depiction of limitless greed and dishonesty of a few financial giants and their policymakers, primarily based on Wall Street. They’ve manipulated and destabilized the financial system for their own interest and paved the way to…

The policymakers must sacrifice their petty desire of gaining short-run popularity through drastic economic measures and look forward to the national interest as a whole Recession is one of the prime features of the modern capitalist economic system. Generally, an economic downturn/decline that continues for two consecutive quarters is labeled…