Internet celebrity Haliey Welch, also popularly known as the Hawk Tuah Girl, launched the Hawk meme coin on 4 December 2024. The cryptocurrency reached a […]
Tag Archives: Markets
Private Health Insurance as a Rent-Seeking Middleman
The creation of private health insurance stems from the need to address the rising cost of healthcare and provide the population with financial protection against […]
Reasons Why Health Care in the U.S. is Expensive
One of the primary reasons why there is an ongoing health care crisis in the United States is the high cost of health care that […]
Javier Milei: Economic Views and Economic Policies Explained
Argentina has undergone drastic economic reforms since Javier Milei was elected to office on 10 December 2023. His presidency has been met with both commendations […]
Types and Causes of Market Failure
A market failure is an economic situation occurring from inefficiencies in the distribution of goods and services in freely functioning or unhindered markets, thus resulting […]
Boycott and Buycott of Russian Goods in China
A considerable level of anti-Russian sentiments in China is possible. This might come as a surprise for some people considering that both countries historically share […]
How Tariffs Fuel Price Hikes and Can It Cause Inflation?
Tariffs are one of the most common protectionism policies. Raising import duties on certain goods to make them more expensive can encourage the domestic consumption […]
Theories of Poverty
Poverty is a socioeconomic condition in which an individual or even an entire community lacks enough resources to meet their basic needs. This can mean […]
Supply-Side Economics: Advantages and Disadvantages
According to the macroeconomic theory called supply-side economics, an effective way to grow the economy is by lowering taxes and decreasing government regulation. These two […]
Classical Economics: Principles and Criticisms
Classical economics or classical political economy is one of the major schools of thought in economics. The core ideas first emerged and flourished in Britain […]