Things made by machine

We live in a consumeristic society, where everything is disposable. People now, with the incredible life speed in the cities, buy a lot of useless things. Clearly, also the industries have changed their ways of producing the dailies consumer goods, using machines instead of people, producing faster but with a lower quality. At these conditions,…

free high education

It’s a two-sided problem that whether government should provide college and university education free for all students. While it can make some students less worried about money matters and flexible enough to change their field of studies when they truly find out what they want, it also encourages irresponsible behavior such as moral hazard or…

Advertisment effect

Truth be told, advertisement actually provokes us to buy more than we need. Personally, I believe that advertisements are using some strategies to lure customers and to fulfill the selling targets. While on the other hand, some people have different perspective on it. They believe that advertisements tell and inform about new products that may…

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A business cycle that results primarily from the manipulation of policy tools (fiscal policy, monetary policy) by incumbent politicians hoping to stimulate the economy just prior to an election and thereby greatly improve their own and their party’s reelection chances. Expansionary monetary and fiscal policies have politically popular consequences in the short run (tax cuts,…

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I was born and brought up in a small town in India. After my scholling I had spent most of the time travelling around India and abroad. My parents are still staying there and I have been there occasionally on some vacation. Being accutomed to cosmopolitan and western culture I know that the people of…