Is Turkey Economically Ready to Join EU?

Turkey's candidature for the European Union is maybe the most controversial and consequently well-analyzed of any in the history of the organization. The topics of the debate are familiar: human rights abuses, overly uppermost military, and the impact of Islam on the one hand, contrary to strategic partner, valid candidate, and the advantages of including a Muslim democracy on the other. The interaction among these factors will define Turkey's progress toward membership over the next several years.

2007 The Case for Off-Shoring and Outsourcing

Most people decry the thought of the outsourcing of American Jobs and they call it the greed of the multi-national corporations looking for cheap labor and cost cuts at the expense of the middle class and union workers. They say that American corporations do not care about the American workforce and they claim that these corporations are destroying our economy and our nation. In reality this might be a little harsh considering that all these executives that run these corporations are also Americans and they believe in this country as much as the rest of us. In reality there are many factors for this growing trend of outsourcing.

2007 Trends in The Flow of Money and Economics

At no other time in human civilization has economics played a greater role in the stability of Nations. The economics of the twenty-first century are indeed more complex and interdependent than ever before. The massive scale of money flows to all parts of the world is truly astounding and thus the importance of good economic policy is indeed paramount.

Recent Changes In US Currency

The stability of currency and exchange rates correlation together with commercial balance and market structures play the leading role in the development of a particular country's economy. The proportion between exchange rates becomes more important when the country has multiple economical links with other countries, and therefore this issue is of big importance to the US economy and government policy. The aim of this essay is to analyze existing data and the changes in the position of the nation's currency, apply necessary economic reasoning and to invent possible solutions of the existing problems.

Why Universal Health Care Could be a Conservative Republican's Dream

It's time for the Republican Party to take another look at universal health care.

Minimum Wage, Minimal Thinking

If minimum wage is such a great idea, why not multiply it rather than add a couple of dollars? According to this article, minimum wage will actually harm those it is designed to help, including young adults, minorities, less educated, and others who are most in need.

American Policy And China

China's increasing power necessitates a reassessment of U.S. foreign policy toward China. The most fundamental U.S. interest in the region is the prevention of Chinese hegemony. For the present, the United States is the pre--eminent military power in East Asia. Assuming we do not alter our current deployment plans, this will remain the case for at least ten years. But a long-term perspective is..

Retailing in 21st Century United Kingdom

The UK retail sector is currently undergoing possibly the biggest transition period since retailing began. Everywhere we look in the media we see the headlines of 50% rises in online spending and another high street chain closing due to a fall in sales.

Should One Practice Anti-Trust Law to Insure the Free Markets Prevail?

As the operator of an Online Think Tank we spend quite a bit of time discussing Free-Markets and forms of government such as Capitalism and Communism, Socialism and Dictatorships and how all of it is so intertwined in World Markets.

Taps Instead Of Taxes-Free Trade And Globalization Has Made U.S. Tax Codes Obsolete

Governor Arnold Schwarzennegger of California calls for universal health care and gives some interesting ideas on how to pay for it. Competition in the Global arena may require the USA to consider universal health care to remain competitive in the free market that has gone haywire. Taxes should be converted to transaction fees or call them Taps. In essence tariffs have been taken off products and put on workers and work itself. It is impossible to compete in a global arena if the work day, workers and labor are taxed directly.

Owners Of American Dream

When Thomas Jefferson began work building Monticello in 1768 he not only laid the foundations for his elegant home, but instigated the idea of home ownership as the basis for happiness into the minds of the American public.

Milton Friedman and Plato; Can We Really Compare?

Not long ago our Online Think Tank had considered the perfect Utopia and all the philosophical debates from Plato's Republic and Atlantis to Thomas Jefferson to Milton Friedman. In fact we took a gander studying many civilizations such as the Byzantine Empire, Aztec Civilization, Greeks, Romans, Chinese Dynasties and well you get the idea. We study economies, trade routes, slavery, colonization, Dictatorships, Communism, Feudalism, Socialism and present period first world nations.

The Function of the Bank of England

The Bank of England performs several tasks in the UK economy.Including the sole issuer of notes and coins and setting interest rates in the economy.

Now The World Needs to Learn to Compete and Cooperate

Recently the very wise Henry Kissinger outlined the past history of WW I and the Cold War and then philosophized on what needs to be done with regards to the coming together of Eastern and Western Culture. Although I am sure not many people picked it up in his interview, the message he summarized in one sentence towards the end was clear and it is correct;

Microeconomics: The Choices We Make

Microeconomics is part of almost everything in our daily lives. It focuses on the individual parts that make up a market for individual goods and services and the sub-elements of those markets, such as the consumers for individual products and the individual companies that produce, manage or transport those products; and how these elements affect and are affected by the market. It determines where we live, the food we eat, our place of employment, education, and our recreation choices.