Nobody downloaded yet

Opinion on economic issue - Essay Example

Comments (0) Cite this document
Summary
It is essential to highlight that Marx delved into a historical analysis of society thereby revealing the significant connection between politics and…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.4% of users find it useful
Opinion on economic issue
Read TextPreview

Extract of sample
"Opinion on economic issue"

Download file to see previous pages Thomas Piketty, in his book, Capital in the Twenty-First Century, warns that income inequality will continue increasing because the rate of capital return in developed countries exceed their respective economic growth rates. The book, by analyzing data of the past 250 years, notes of the problem of wealth concentrating in few hands. S&P reports that income inequality has grown in the US thereby excluding a huge part of the population from enjoying the benefits of a large economy. Income inequality is a great problem in the context of the recent recession that made many people lose their hard-earned wealth.
It is crucial to highlight that income, in this sense, is assessed in terms of earnings. Economists and other intellectuals have hypothesized that gaps in technology and education are responsible for corresponding gaps in income earnings. This happens as highly educated and specialized people receive high-income incentives for their work while the lowly skilled receive relatively low pay. It is essential to highlight that firms have different calibers of workers. The workers who receive very high pay are highly likely to possess a larger bargaining power than the employees with lower skills. This seeps into the society and create a persistently unequal community.
Numerous problems stem from income inequality in the society. In the American recession of 2007 to 2009, many individuals lost their job. Loss of jobs makes it difficult to ascend the job environment, especially, for those with relatively low skills. A generation’s inequality has high chances of moving into the next generation in case of no mitigation measures against the same. For instance, a family with low income has limited chances of accessing quality healthcare and education. This further entrenches inequality because talented but unprivileged people cannot access ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Opinion on economic issue Essay Example | Topics and Well Written Essays - 500 words - 1”, n.d.)
Retrieved from https://studentshare.org/macro-microeconomics/1662430-opinion-on-economic-issue
(Opinion on Economic Issue Essay Example | Topics and Well Written Essays - 500 Words - 1)
https://studentshare.org/macro-microeconomics/1662430-opinion-on-economic-issue.
“Opinion on Economic Issue Essay Example | Topics and Well Written Essays - 500 Words - 1”, n.d. https://studentshare.org/macro-microeconomics/1662430-opinion-on-economic-issue.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Journal opinion article and address an economic issue of current interest to Wall Street Journal readers
...skills. More so, business strategies that US had set in place contributed highly towards the economic growth of US. Based on the historical uprising and revival of the US economy, the relationship between the major business communities in America and Obama’s government has deteriorated. The relation is unproductive and is straining due to various hindrances. Thus, what will be importance of election in this case? From a political point of view, election is the basis of forming a productive relationship between the government and the business community. The Americans should not take another term to ensure that squabbling in government s over and there is progress. Thus, the Americas are looking forward to have a united...
4 Pages(1000 words)Book Report/Review
The assignment should be presented as a Journal opinion article and address an economic issue of current interest to Wall Street
...?The Assignment Should Be Presented As a Journal Opinion Article and Address an Economic Issue of Current Interest to Wall Street Journal Readers FEEBLE INFLATION MAY SQUABBLE FOR MORE STIMULUS By......... Weak inflation has been viewed to be related with the stimulus of bond buying affecting the economic position of different financial institutions by a greater level. The article i.e. “Fed's Bullard: Weak Inflation May Argue For More Fed Stimulus” highlights that the significant concern of weak inflation might make the Federal Reserve (Fed) to increase its effort concerning the stimulus relating to bond buying. In this similar context, the President of the FED belonging to St. Louis named James Bullard revealed that the outlook... Assignment ...
3 Pages(750 words)Assignment
The assignment should be presented as a Journal opinion article and address an economic issue of current interest to Wall Street
...?A Journal Opinion Article to Address an Economic Issue of Current Interest to Wall Street Journal Readers “‘Corrosive’ Political Conflict Is HoldingBack U.S. Growth” Politics and economy are intensely linked with each other. Both politics and economy have their parts to play in any nation’s development. Economic outcomes strappingly depend on policy choices. Policy decisions do not depend on social planners who explain the extension of social well-being as their choices. Many economic models that were made in the past failed to elucidate what is happening in the real world because they ignore politics. Political economy integrates anthropology,...
3 Pages(750 words)Essay
Journal opinion article: an economic issue of current interest to Wall Street Journal
...old and above was 6.2 %, in comparison to 3.3% recorded a year earlier (Mattioli 1). Several research conclusions offer an ample economic case for employers and the government to develop age discrimination laws for both young and elderly workers. Works Cited Mattioli, D. “With Jobs Scarce, Age Becomes an Issue: More Young Workers Are at Risk of Layoffs as Employers Grow Wary of Letting Older Employees Go.” The wall Street Journal 19 May. 2009. Print. Mujtaba, B. G., and Cavico, F. J. The Aging Workforce: Challenges And Opportunities For Human Resource Professionals. Florida: ILEAD Academy, 2010, Print. Slatin, P. “Executive's Lawsuit Claims Bias at Cushman & Wakefield: Official Says She Was Denied a...
3 Pages(750 words)Essay
The assignment should be presented as a Journal opinion article and address an economic issue of current interest to Wall Street
...Economic Outlook for American Families by Michael Sivy  Now that debt-ceiling debates slow down and fiscal cliff fight is over, it is a good time to evaluate the economic outlook and it meaning to Americans. United States has enjoyed more than three years of declining unemployment and continuous economic growth since the end of recession. Yet, it is considered as the weakest rebound since WW-II. Economic growth is as low as 2.25% and unemployment is still higher than where it should be by this time. To see that it means to American, a closer look as few important factor is taken. Unemployment has been steadily coming down for the past three years. A recent report showed...
3 Pages(750 words)Essay
A Journal opinion article and address an economic issue of current interest to Wall Street Journal readers
...Are Austerity Measures working? The economic recession that rocked the world especially with the effects being deeply felt in the western country resulted in increase of these countries debt deficits. The countries were spending more than they had increasing their overall debts. In some cases, the amount overdue for countries such as Spain and Greece increased to the extent that the IMF had to write off some of their debts (Anon, 659). The countries were however to reduces their spending by carrying out stringent austerity measures to cut government spending. Several countries such as Greece, Spain, Italy and other European countries have enacted strict austerity measures. This has been faced by anti- austerity protests...
3 Pages(750 words)Article
The paper should be presented as a Journal opinion article and address an economic issue of current interest to Wall Street Journal readers
...are justifiable, this paper chooses to object to the opinions of those who would question the investment through supporting the undertaking by the Indian government. Economic advancement and development within any economy has its roots embedded in research and development. Space exploration is therefore very essential especially within the 21st century as we live in because, the findings are higher valued than the initial investment. It is worth noting that poverty and living below minimal standards in India has been a common phenomenon even before the resources were channeled for the exploration purposes. This therefore shows that this is by no means intended to plunge the citizens deeper into poverty...
3 Pages(750 words)Essay
The assignment should be presented as a Journal opinion article and address an economic issue of current interest to Wall Street Journal readers
...An economic issue of current interest to Wall Street Journal readers. The Slowing effect of Housing Market Introduction Economists in the recent past have felt utter disappointment as a result of a string of an expected home-sales reports. The sales in current existing homes dropped during the month of March, and even included parts of the county that were not affected by cold weather this winter. The report indicated that sales on new homes were down by 13.3% from the previous year. This was the lowest level since last July. To this effect, the concern is whether the housing recovery is faltering, and thus if it is, what is the causes behind this effect? First, the good news is that, there is a decline...
2 Pages(500 words)Essay
Opinion on economic issue
...Opinion on Economic Issue INTRODUCTION In the modern era, the costs of rental properties are increasing more aggressively in the local market of the United States. In this regard, it has been recognized that the price of home and shelter is increasing every day. With regard to this particular issue several problems have been observed in the domestic market of the US. Subsequently, it can be asserted that the objective of this particular assignment is to examine the issue of inflation on the US rental properties, which is adversely affecting the micro and macro-economic environment of the US. In this context, in order to identify the...
2 Pages(500 words)Essay
A Journal opinion article and address an economic issue of current interest to Wall Street Journal readers
... Impact of Reduction in Oil Prices Decreasing demand for oil around the world has driven oil prices to a two-year low. The reduction in world oil prices is being seen as a positive sign for economic growth. Prices of various utilities including gas, heating, and consumer goods are tied with fuel prices due to transportation costs and hence a drop in oil prices potentially means a reduction in overall prices of other utilities. While this seems advantageous for consumers who will now have to pay lesser bills, the implications of plummeting oil prices extend beyond the temporary impact. In a Questions & Answers session with Josh Zumbrun and Brian Baskin published on the Wall Street Journal (n.pag.), the two economics correspondents... (Mankiw,...
2 Pages(500 words)Essay
sponsored ads
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.
Let us find you another Essay on topic Opinion on economic issue for FREE!
Contact Us