We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

ECON - Book Report/Review Example

Comments (0)
Name Instructor Course Date Schoenberger, Chana R. "Making Sense of State Incentives for Small Firms." The Wall Street Journal 27 Novermber 2013. In his article, Schoenberger attempts to determine the importance of state incentives particularly to small businesses in the country in an effort to stimulate economic growth…
Download full paper
Read TextPreview

Extract of sample

Download file to see previous pages... To begin with, Schoenberger acknowledges the role and economic importance of business incentives that the government offers in a bid to attract investments. In particular, he contends that most local governments tend to offer business incentives as sweeteners for attracting startups. In his view, some of the common ways of doing giving such incentives is through tax credits, payments for site construction and offering of bonuses for creation of jobs. The incentives may favor enterprises that wish to relocate from one region to another or looking to expand their business operations. According to Tuffile, most states have various business incentive programs that tend to be beneficial for businesses. These programs range from offering of training for employees by the state, provision of tax incentives, as well as the issuance of low-interest loans that can be of significant benefit for startups or for enterprises that are looking to diversify but are economically constrained. Every state in the country has at least one of such incentives. Tuffile considers accelerators and incubators as some of the important forms of incentives that the government has been offering for sometimes, which has gradually been of importance to small enterprises. As an advice for investors, Tuffile suggests that rather than merely establishing a business at a certain location because of personal reasons, investors should always seek to locate to areas that offer the most business sense. For instance, he argues that taking the U.S as an apt example; recently, there has been a gradual surge in the investment in the Silicon Valley area in California. This has majorly been as a result of the local government willingness to chip in and take the risks to fund businesses. As for the local governments, Tuffile offers that each state should seek to explore a certain opportunity and offer incentives accordingly in order to avoid inter-state competition. For example, in the U.S so far, Boston serves a biotech hub while Silicon Valley serves as a Social media or IT hub. Nevertheless, no matter how attractive an incentive may be, Tussle advices small enterprises to carry out an extensive research in the location and establish its suitability to the business prior to accepting the incentives. From the article, one can there deduce that one of the steps for attracting investors by either the federal or local governments is by offering incentives. Governments should be willing to take the risks and offer the right incentives for economically constrained startups. In addition, with the fact that nearly every state wants to attract investors, stiff competition among the states is bound to occur. One way of eliminating such competition while remaining relevant in matter pertaining to investment is by specialization in a given area of business, either in IT or biotechnology. The article is relevant for both students wiling to improve their knowledge on investment, as well as for young entrepreneurs willing to gain investment knowledge as they look forward to gain entry into business. Curren, Don. "Putting the Brakes on Household Borrowing Could Stall Canada Growth." The Wall Street Journal 11 November 2013. In her article, Curren provides an overview of some of the negative effects that may be attributed to a stall on the economic growth of a country in the event of a reduction I household borrowing. She establishes ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
Economic Development
"The two-tier model on one hand highlights the situation when labour from the traditional agricultural sector migrates towards the modern capitalist sector attracted by the higher wages but they are followed by competition in which the profits accruing in the modern sector provide the growing volume of savings which finances the formation of capital for expansion".
7 Pages(1750 words)Book Report/Review
Dollarization in Developing Countries
One of the strategies proposed to address this issue is dollarization, coined from the US currency because global markets are pegged against the US dollar. Berg and Borensztein (2000) describe it as a strategy adapted by nations to stabilize their currency by adopting the currency of another country.
3 Pages(750 words)Book Report/Review
Managerial Capitalism
This adaptation was efficiency-driven: rapidly expanding markets and science-based technologies spawned commercial opportunities which could be seized only by creating business institutions capable of handling high-volume production and distribution. The response came in the form of new "organizational capabilities" ("administrative coordination," as Chandler describes it in The Visible Hand, 1977).
6 Pages(1500 words)Book Report/Review
Veblen's Critique of Orthodox Economics
“The professor in charge of Economics at Cornell, J. Laurence Laughlin, was sitting in his study when an anemic-looking man …. announced ‘I am Thorstien Veblen ’.Laughlin became so impressed with Veblen that he secured special University grant for him.”
6 Pages(1500 words)Book Report/Review
Analysis Of On Liberty By John Stuart Mill
Further, this can only be by the majority, and if the majority wish to criminalize a section of society that happens to be a minority — whether a race, gender, faith, or the like — this may easily be done despite any wishes of the minority to the contrary. This is in his terms the "tyranny of the majority".
9 Pages(2250 words)Book Report/Review
Book review forthe permanent tax revolt
This implies that taxation mechanisms and government regulatory dynamics constitute one of the least studied subjects in the discipline of economic
6 Pages(1500 words)Book Report/Review
3-1 Anti-market Bias
The argument is presented in regards to the kidney market in the United States. While kidney selling is illegal, there is a significant shortage in the United States. As economists are against the legalization of the kidney trade, their reason is
1 Pages(250 words)Book Report/Review
3-4 Make progress, not work
re instances as those pointed out by Professor Bryan Caplan, higher productivity and more efficiency is attained if there is less work because of improvements in how the work is being done that results into more output. The example he cited in the video clip was the use or
1 Pages(250 words)Book Report/Review
History of ECON 2
This essay provides a critical review of the two concepts, by first explaining the difference existing between the theories; then using this as rationality for verifying economist classification of objective and subjective theory. Labor theory of value states
2 Pages(500 words)Book Report/Review
History of ECON
It also projects to minimize the overreliance of the economy on the large banks, thereby granting the Federal government the power to easily dissolve them
2 Pages(500 words)Book Report/Review
Let us find you another Book Report/Review on topic ECON for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us