Why Government Intervention in the Economy is Necessary

Capitalism drives innovation. There is almost no doubt in that statement, considering today most of the world lives in one system or another that thrives based on some version of a “free market.” It would be foolish however to also ignore the great costs that these systems bring. When profit is the motive, firms don’t…

Economic Analysis: Future of the Chinese economy

China is still to this day one of the fastest growing economies in the world. High demand from other countries for Chinese exports along with cheap labor helped the country to succeed in reducing their trade deficit as well as capitalize on infrastructure and financial investments. China is not able to maintain same steam as…