Economics Made Economical

Category Archives: Middle East

The United States of… Israel?

From yesterday, the Democrats have updated their political platform in the midst of their Convention in Charlotte this week: (CNN) – Democrats voted to update their party’s platform Wednesday evening at their convention to include a reference to Jerusalem being the capital of Israel, as well as the insertion of the word “God,” neither of …

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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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Sudan: Why Do Economic Sanctions Work?

The USA and other nations around the world essentially donate horrible regimes billions of dollars every year in the form of oil money. Some of the world’s most corrupt governments have been longtime members of OPEC, an illicit cartel that limits oil supply levels and agrees for all its member states to sell the produced oil …

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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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