Ludwig von Mises Institute

A New House Decision 1) Discuss which principles of economics directly relate to your purchasing decision The fundamental rules of economics, the law of demand and supply, the theory of marginal utility all apply to the purchase of a home. However in modern times the purchase of a home is not merely a decision based on price, supply or demand or the financial capacity. Nor is it simply a decision based on the home as an investment that would be an appreciating asset in future. The investment decisions

Looking back in American history, America has tended to have different phases lasting around ten years. The nineteen-twenties will always be remembered in history because of the triumphal progress in many different areas. The twenties were a time of great change in America in many different areas. The changes were in the laws, the lifestyle of women especially and the moral values that they lived by. One of the major events that sculpted this era was prohibition. In The Great Gatsby, F. Scott

Petrol, or also known as gasoline, is denoted as the light fuel oil which is obtained by the process fractional distillation of petroleum (Oxford Dictionary, 2013). Petrol is abbreviated from the word “petroleum”, which is derived from the Greek word ‘petros’ and oleum (Health Protection Agencies, 2011). Petrol started to be used as product name by a London company, Carless, Capel and Leonard at the end of the 19th century. Nowadays, it becomes an indispensable part of our life, which is widely used

With about 320,000 people, Iceland has only about as many inhabitants as an average German city. Nevertheless, the island republic is among the richest nations in the world with one of the highest living standards. Iceland is a member of the United Nations, NATO and the European Economic Area, as well as many other international organizations. “Is the banking industry responsible for the economic disaster of Iceland?” Until the 80’s, Iceland was a more regulated economy with many interventions by

She committed suicide eight days after photos of her being assaulted were distributed among her peer group. James Miller, editor-in-chief, for the Ludwig von Mises Institute of Canada wrote a controversial article defending slut shaming. The article was later taken down, but still received criticism from some libertarians, such as Gina Luttrell of Thoughts on Liberty, an all-female libertarian blog. The comedy

Alternatives to the U.S. Tax System Both the American people and members of the Federal Government have long griped about the current U.S. Personal Income Tax System. Bush’s Advisory Panel for Federal Tax Reform stated that, “the complexity of our tax code breeds a perception of unfairness and creates opportunities for manipulation of the rules to reduce tax”.[1] The Tax Foundation estimates that $338 billion of time, energy, money, and other resources, are spent annually completing tax

Since the 12th century and the escalation of separate owner / managed business organizations, the assumption that firms maximises profits has been at the forefront of economic theory. Cyert and Hedrick (1972) stated:"The unmodified neoclassical approach is characterised by an ideal market with firms for which profit maximisation is the single determinant of behaviour. Thus predictions can readily be made by combining the description of the market with the results of maximisation of the relevant Lagrangian

Corporate finance practices frontier markets: Empirical evidence companies listed Malawi Stock Exchange Literature review 1. Introduction to the literature review chapter The literature review chapter is designed to provide relevant input from the specialized literature on the topic of corporate frontier markets, with emphasis on four specific elements, namely the capital budgeting practices, the cost capital, the capital structure and the dividend policy. The current section is constructed

PAPER ON KEYNESIAN CONTRIBUTIONS TO PUBLIC FINANCE 1. Impact of Keynesian Revolution on Public Finance In 1936 British economist John Maynard Keynes published The General Theory of Employment, Interest, and Money. Distressed by the failure of national governments to cope with the Great Depression, Keynes rejected many assumptions of classical economics and argued that state intervention, and in particular regulation of interest rates, could control inflation and minimize unemployment. What however

Alyssa Barker Sharon Kelly English 102 Section 401 November 24, 2012 Does America Need Labor Unions Today? President John F. Kennedy once said, “The American Labor Movement has consistently demonstrated its devotion