Tag: Economic

A Market For Lemons – The Economic Price of Internet Retail Fraud

“The Market For Lemons” was an economics paper written by George Akerlof. It is useful today for explaining why individual “bad apples” can decrease profitability for online businesses and how they may ultimately destroy entire…

Top 9 Unbeatable Gold’s Realities and the Economic Impact on the United States of America

Based on available statistics and history, the gold boom of 1800s has significant economic impacts on the USA and of course brought magnificent human migration into America. This yellow substance (gold) was discovered by John…

Why is Good Employee Communication So Important During an Economic Downturn?

Maintain staff productivity No news is definitely not good news from an employee communications perspective. October 2008 research from Weber Shandwick showed that 71% of people felt that their company should be communicating more about…

Economic Democracy

Nearly all the countries of the world today have come under some sort of democratic structure. Liberal democracy has been established in such countries as the USA, Great Britain, France and Canada, while in the…