Author Archives: Kevin Judge

Socialism vs. Capitalism? Adam Smith had a better idea!

David Korten | April 6, 2016 Politics and polling data reveal a remarkable shift in American attitudes toward socialism. More Democrats now view socialism favorably (42 percent) than unfavorably (34 percent). Among young adults, socialism does even better with a 43 percent favorable view vs. only 26 percent unfavorable. Presidential candidate Bernie Sanders, a self-described Democratic Socialist,… Read More »

Economic Relations Between the Western Balkan Six Countries

By Jonisa Angoni  |   July 12, 2016    Regional cooperation between the western Balkan countries is the key factor that will lead those countries towards the EU perspective. Improving relations of the Western Balkan countries is a goal that should be fulfilled. The improvement of these relations is a commitment made by the countries themselves at the EU-Western… Read More »

Four Reasons To Learn More About Economics

By Kevin Joseph Browne  |    February 20, 2014 Surely one of the easier subjects to show the importance of is economics. Yet, while it has obvious practical benefits it seems to be rarely taught well or with an eye towards understanding fundamental principles or how they apply in the real world. Economics courses seem to be heavily skewed… Read More »

Rational Self-Interest and Psychology in Economics

By Ilya Shambat  |   Submitted On July 03, 2013 I am going to tackle a very serious subject – one of the axioms that are central to classical economic theory. Classical economics states that economic decisions are driven by rational self-interest. I am parting with that axiom and suggest the following: That while some economic decisions are in… Read More »

A New Reality in Macro Economics

By Lance Winslow  |    September 24, 2012 The other day, I got into a rather interesting conversation with an acquaintance about the reality of macro-economics. Specifically the new complexities garnered due to emerging nations becoming power houses without ever fully emerging. Yes, in this discussion no doubt I had China in mind, and perhaps India to follow and… Read More »