Posts Tagged ‘3 basic economic questions’

  • Self-interest represents the seeds that blossom into economic growth.

    Questions about Capitalism

    Jan 4, 12 • 225 Views • No Comments

    Can capitalism survive? In a Project Syndicate article, Harvard professor Ken Rogoff said, probably. But the “Anglo American paradigm” might evolve into another kind of capitalism. What threatens Anglo-American capitalism? Dr. Rogoff lists 5...  [read more]

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    Venezuela’s Economic Problems

    Jul 20, 11 • 468 Views • No Comments

    Venezuela has 2 basic economic problems: The law of supply: Because price and quantity move in the same direction, if price goes down, then producers provide less. This takes us to Venezuela’s 27.1% inflation rate. President Hugo Chavez responded by...  [read more]