It is often quipped that economists base many of their theories on assumptions. The old joke is that should an economist be stranded on a desert island, he will merely assume that a boat is available and quickly depart from the island. Indeed, whilst analytically comparing Keynesian and neo-liberal ...

"My notion of democracy is that under it the weakest should have the same opportunity as the strongest."- Mahatma Gandhi. In this paper, I will show the differences between two types of liberal thought, Neoliberalism and Ordoliberalism, that have attempted to achieve Gandhi's notion....

We live in a world of dramatic change and the old ideologies that have dominated the last century do not provide the answers". (Tony Blair). Do you think Blair's "Third Way" provides the answer? In this essay I intend to examine the underlying concepts of the Third Way and the so...

The current official US view of the dollar is that its decline has been orderly, constructive, and not worrisome. This view has allowed the dollar to depreciate against other major currencies in the world has various implications for the US national economy as well as the international economy whic...

Ludwig von Mises: Defender of the Free Market Ludwig von Misis thoughts on human behavior, socialism, and money and credit have had a major impact on economic thought. He championed true free markets and is seen as a defender of liberty. Former President of the United States Ronald Reagan sai...

In his book Bitter Harvest Paul Hart attempts to illustrate the roots of the Zapatista Revolution in nineteenth century Morelos, Mexico. In doing so, he hopes to convince his readers that the conditions that resulted in the emergence of the Zapatistas, though localized, were not limited to Morelos i...