Group items tagged

T

This article talks about the organic milk shortages, that farmers can't buy enough food to feed their caws because the price for their food has been increased, as a result they give less nutrition to their caws and get less milk. But demand for organic milk is still high and in the article they will some suggestions how to solve that problem.

The demand for organic milk is greater than supply because the production cost of creating organic milk is greater than the revenue. The reason for the shortage is that the cost of organic grain and hay has gone up but the price farmers receive for milk has not. As a result farmers buy less grain and hay which lowers the production of milk. The low supply of organic milk than in turn increases the overall price. The solution for this issue would be to increase the price of income the farmers would receive for their milk. If the solution were applied, the farmers would pay more for organic grain and more milk would be produced and consumers would be satisfied.

This article is talking about how the result of the presidential election effect the health care. Mitt Romney will probably end the health care whereas Obama will absolutely keep it. Health care is a public good, it has positive externality and should be encouraged. However, the cost of providing health care is very high. According to the article, 'Affordable Care Act won't be fully in place until 2014'. Two candidates has different solutions. Obama choose to keep it, and Romney choose to end it due to the high cost. From this article we can see the limitation of government intervention of economy, and how different parties and people have different opinions.

This article discusses how debt affects HDI

The Adam Smith Institute has stated that "only supply-side reforms which allow increases to the supply of British housing will truly solve the affordability problem and solve the housing crisis." Access to finance was the reason why the housing crisis ensued in the first place.

Discusses how housing issues in the UK can be solved by using supply-side policies

People in Detroit are arguing that supply side economists did not work in the past and have no reason to work right now either. Detroit is in deep trouble and they are wondering what it was that brought them into this trouble

This article talks about how lage companies like Starbucks and Google are evading tax in the UK by ensuring mae no profits, thereby avoiding corporate tax. These companiesmake billions in but " they ensured they made no profits through large royalty and other payments to offshore companies" (2012, Telegraph) There are understandaby many peopl who are upset about this and calling it unfair. It also undermines the profits of local companies. A solution thatis beng suggested is a sales tax. However many expertssa tha what te TNC's are doing is perfectly legal and said "corporation tax was a tax on activity."

This article focuses on the upcoming challenges and goals of the United Nations climate talks in Doha, Qatar. The talks aim to discuss how to remedy global warming that could lead to a planet up to 6 degrees warmer in the future. To do this, carbon emissions must decrease by about 5% each year. Topics at the talks may include current issues of greenhouse gas pollution and deforestation, especially with improvements of the carbon market. Businesses may soon face strong encouragement to accept these proposals, as climate change begins to result in not only impact on society but also private costs of businesses. These externalities, previously external but becoming increasingly internal, may soon force large business leaders to reconsider their impact on the environment.

This article is about how the chairman of an Indian Oil Company has no control over the price mechanisms of his product, and thus is in great debt. In response to this, he want the government to take over price controls for oil. Although government price control has not worked out particularly well in the past, in such a dire situation it is easy to see how this might be viewed as a good solution

This article talks about the agricultural decline in Uganda. Uganda's economy's backbone is their agricultural sector, but the production has gone downhill for multiple reasons. The rise in population is a major reason. Since they gained their independence, Uganda has gone from 6 million to 35 million and farmers are unable to keep up with the rise. A big reason why they aren't able to keep up is because the youth is more interested in non-agricultural jobs. This makes food more scarce and due to Uganda's heavy reliance on agriculture, the economy has descended continuously. 

Do you think that there is a solution to this problem? To me, the agricultural decline in Uganda seems unlikely to resolve. The land available for farming is not enough for the growing population, not to mention the lack of future farmers.