beginning of The Economist talking to people who might not yet consider themselves to be Economist readers through its marketing and advertising. It was sparked by research undertaken by the magazine last year which discovered that‚ because of the rise in the number of people going on to university‚ there are now over 3 million people in the UK whose interest in world affairs‚ travel‚ news and politics suggests an unconscious affinity with what The Economist reports on every week. The Economist describes
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In the book The Armchair Economist: Economics and Everyday Life‚ Steven E. Landsburg explains economic theories and applies them to current problems and situations. He begins with the basic concepts of economics and builds off those to more complex theories and situations. The simplified models and easy to understand examples he uses make the theories of economics less daunting and easier to understand. On top of being simple‚ his examples are also current making them easier to comprehend because
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Benjamin Graham is known to have grown the seeds of investment in America’s Wall Street. Graham was a great economist who introduced the present day security analysis. Being the founder of value investing Graham paved the way for a new era of economical strategy setting and planning which were carried forward by his students like Warren Buffett‚ Mario Gabelli‚ John Neff‚ Michael Price‚ and John Bogle and many others. Graham’s books ’Security Analysis’ and ’The Intelligent Investor’ are regarded as
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A comparative analysis of the two articles‚ If Looks Could Kill by the Economist and Trading Liberty for Illusion by Wendy Kaminer is about the emerging security technology that uses a surveillance system that is able to identify the intentions of criminals before they carry out their criminal activities. In the Economist’s article‚ the writer remains optimistic that the surveillance system is going to serve the purpose for which it was set without compromising the innocence of the citizens. On his
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pensioners from 2010. Economic forecast • A reduction in inflation in December from 2.4% to 2.2% confirms the EIU’s forecast that the rate will fall in 2001 and 2002. January 2001 The Economist Intelligence Unit 15 Regent St‚ London SW1Y 4LR United Kingdom The Economist Intelligence Unit The Economist Intelligence Unit is a specialist publisher serving companies establishing and managing operations across national borders. For over 50 years it has been a source of information on business
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Few economists have had such controversial ideas‚ and generated a debate on such a scale as Thomas Malthus. In “An Essay on the Principle of Population”‚ published in 1798‚ the English economist made public his theory on population dynamics and its relationship with the availability of resources. The essay was the result of his skepticism towards positivist theorists‚ praising the perfectibility of man and greeting the advances and diffusion of human knowledge as a source of welfare and
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virtue of its signature sandwich – the Big Mac. The Big Mac is synonymous American culture and in “1986 the British periodical The Economist has used the price of the Big Mac to estimate the exchange rate between the dollar and other currency” (Daniels et al.‚ 2011‚ p. 373). The basic premise behind the Big Mac index is to “measure purchasing power parity” (The Economist‚ 2014). The index hypothesizes a set value for a basket of items and compares the cost for the basket against different currencies
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out their basic economic functions in a lawful manner because the overall performance of a firm is to maximize the social benefit. Though economists could agree on the existence of corporate responsibility‚ they differ in the fundamental definition of these responsibilities. Conservative economists‚ such as Milton Friedman‚ claim that business is most responsible when it makes profit efficiently‚ not when it misapplies its energy on social projects‚ where as in contrast
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Economists assume that any decision maker a consumer‚ the manager of a business firm‚ or officials in a government agency tries to make the best out of any situation. More specifically‚ we assume that consumers strive to maximize their utility a quantitative measure of their well-being or satisfaction. Anything that makes the consumer better off is assumed to raise his utility. Anything that makes the consumer worse off will decrease his utility. Are you troubled by this assumption? Many people are
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Political Socialization "Growing Disbelief." The Economist. The Economist Newspaper‚ 22 Aug. 2012. Web. 29 Sept. 2016. Atheism is steadily growing in America. From 2005 – 2012 the number of people who call themselves atheist has increased from 1% to 5% while the number of people who say they are religions has dropped from 73% to 60%. This change may have come from a new wave of atheism called “new atheism” these “new atheists” are almost a religion in themselves‚ fighting to remove Christian symbols
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