John Stuart Mill (May 20, 1806 – May 7, 1873), usually cited as JS Mill, was a British philosopher, political economist, and civil servant. He was one of the most influentialRead More →
Who was John Maynard Keynes and what did he do? Why is his economic thought so relevant today? These questions are of vital importance today to the extent that ourRead More →
According to (wikipedia.org, 2018) economic science is the social science that studies:
The extraction, production, exchange, distribution, and consumption of goods and services.Read More →
Economics is the social science that deals with the allocation of scarce resources to better social welfare. Economics has two main areas: Microeconomics, which is responsible for studying the movements of individual or local resources, and Macroeconomics, which is responsible for analyzing the global dynamics of resource management and economic aggregates.Read More →
Microeconomics and macroeconomics are two divisions of economic theory, the first dealing with economic activity as a whole and the second with individuals and Read More →
In which countries are more basic needs covered? Where are there more opportunities? Measuring and comparing the quality of life is something very subjective and difficult to standardizeRead More →
Each year the countries with the most accumulated public debt in the world are revealed. This is because an effort is made to control the public deficits of each state.Read More →
Bill Gates seems to have become the Nostradamus of the 21st century after his famous predictions, unthinkable until they have been fulfilled, such as thatRead More →
United States (US) oil supply is a frequent topic of discussion in the United States, due to growing concerns about over-reliance on oiRead More →
The Winter 2022 Economic Forecast indicates that, after a notable expansion of 5.3% in 2021, the EU economy will grow by 4.0% in 2022 and 2.8% in 2023. Growth is also expected in the euroRead More →
One of the main reasons behind an investor’s desire to analyze a company’s balance sheet is that doing so allows them to discover the company’s working capital or “current position”. Working capitalRead More →
The stock markets, also known as the stock market, and the economy follow swinging paths on a chart. The rollercoaster rise and fall of the chart occur at different times dependingRead More →
Negative working capital does not necessarily indicate a problem with the company and, in some cases, can be a positive thing. Is that how it works.Read More →
An economic shock refers to any change in fundamental macroeconomic variables or relationships that has a substantial effect on macroeconomic outcomes and measures of economic performance,Read More →