Economics Made Economical

Category Archives: Asia

Coca-Cola Returns To Burma–American Hypocrisy?

After over 60 years of U.S. economic sanctions against the Burmese military junta, the U.S.-based international soft drink behemoth, Coca-Cola, has announced its plans to resume business in the democratizing capitalizing nation. Personal concerns about the nutritional value of Coke’s products notwithstanding, I’ve got no problem seeing an economic agreement take place between Burmese capitalists and …

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Will Obama’s Deception Spell America’s End?

Barack Obama has been legally determined to not have met the basic citizenship requirements for holding the Office of Present of the United States of America. His non-citizen father, his mother who had renounced her U.S. citizenship to travel to Indonesia, and now the most scandalous inscrutable proof yet of the Obama deception is the …

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Tip of the Day 14: Savings Tips in a Bad Economy

Cut Coupons–just don’t overdo it because the retailers have begun to push back on people who abuse it. Purchase only necessities until you’re back on your feet financially. Pay off the credit card with the lowest debt first, saving you one whole account’s worth of interest, late fees, and one less monthly bill to worry …

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Huh, Communist Democracy??

Is a term like “Capitalistic Democracy” redundant? Don’t the two words mean the same thing? Aren’t Communist countries always undemocratic? The answer to all of these questions is the same: “Yes And No, But More So ‘No’”. That’s the short, confusing answer. In reality, Capitalism, Communism, and Socialism are Economic Systems: Free Market, or Laisse …

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Vocab of the Day: Investment

Investment is one component of GDP, along with personal consumption, government spending, and net exports. In marcoeconomic theory, the word typically has a very different meaning than it does in everyday language, as is the case when we’re looking at Investment as a component of GDP. The Investment category comprises goods that aren’t purchased for …

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