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svikene

Gender equality is critical to economic development | Sierra Express Media - 1 views

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    This article describes how the United Nations are working with gender equality to achieve greater economic development, and economic growth in this case. The UN is drawing concrete links between women empowerment and greater economic development, illustrating how an androcentric mindset is causing an inefficient allocation of resources.
antmarroquin

Rising Oil Prices Pose the Latest Threat To U.S. Economy - 4 views

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    This article talks about how oil and how oil is becoming a very limited resource. The demand on this resource is high and has stayed that way. So because the price raised and the demand is still the same they have to supply a lot more equally everywhere.
jonathanwiseman

UNDP launches global Human Development Report in Malawi - 0 views

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    United Nations has launched a project in Malawi to discuss the goals of economic development. The goals are described as income equality, sustainability, and public support for all citizens.
kohlig

Income and wealth in Switzerland continue to increase | Invest | Switzerland Global Ent... - 0 views

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    The latest wealth report shows the distribution and development of wealth in Switzerland. According to the report, income and wealth increased in Switzerland in the past 10 years. Since 1998 the average gross income per household increased by 7%. From 2009 to 2011 the monthly average was at 9'565 Swiss Francs.
dvshah

Cigarettes are being sold for $300 on the black market in NSW prisons - 2 views

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    A thriving black market has cropped up after the NSW prisons smoking ban On the black market cigarettes can cost $300, up from $28 before the ban Prison sources claim that 'an inmate fight broke out over cigarette butts' The ban on smoking in NSW prisons has reportedly led to a thriving black market, where a packet of cigarettes can go for as much as $300, while matches and papers can fetch a staggering $90.
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    This article has to be about the negative externalities of consumption, as it involves smoking. It affects not only the ones smoking but the others as well. Banning it in a prison can help in bringing the MSC equal to MSB. This also wont affect the tobacco industry as there is still comsumption taking place outside the prison. Banning it has a negative step, which is the creation of the black market. Prisoners are even fighting for cigarrete butts. The government / the prison authority should take a step in taking the ban away and but also making it difficult to obtain cigarettes, to avoid such brawls.
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    I agree that the negative externality involves non-smokers in the prison getting affected. You suggest that the ban should be taken away, wouldn't this still lead to more people smoking and causing even more second hand smoke to affect the non-smokers? This wouldn't help the situation I believe it would make it worse instead.
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