Economics and Politics Thought, Matters & News

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06/05/2015

21 Economic Models Explained with Cows

SOCIALISM
You have 2 cows.
You give one to your neighbor.

COMMUNISM
You have 2 cows.
The State takes both and gives you some milk.

FASCISM
You have 2 cows.
The State takes both and sells you some milk.

BUREAUCRATISM
You have 2 cows.
The State takes both, shoots one, milks the other, and then
throws the milk away...

TRADITIONAL CAPITALISM
You have two cows.
You sell one and buy a bull.
Your herd multiplies, and the economy grows.
You sell them and retire on the income.

SURREALISM
You have two giraffes.
The government requires you to take harmonica lessons.

AN AMERICAN CORPORATION
You have two cows.
You sell one, and force the other to produce the milk of four cows.
Later, you hire a consultant to analyze why the cow has dropped dead.

AMERICAN VENTURE CAPITALISM
You have two cows.
You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank, then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows.

The milk rights of the six cows are transferred via an intermediary to a Cayman Island Company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company. The annual report says the company owns eight cows, with an option on one more.
You sell one cow to buy a new president of the United States , leaving you with nine cows.
No balance sheet provided with the release.
The public then buys your bull.

A FRENCH CORPORATION
You have two cows.
You go on strike, organize a riot, and block the roads, because you want three cows.

A JAPANESE CORPORATION
You have two cows.
You redesign them so they are one-tenth the size of an ordinary cow and produce twenty times the milk.
You then create a clever cow cartoon image called 'Cowkimon' and market it worldwide.

A GERMAN CORPORATION
You have two cows.
You re-engineer them so they live for 100 years, eat once a month, and milk themselves.

AN ITALIAN CORPORATION
You have two cows, but you don't know where they are.
You decide to have lunch.

A RUSSIAN CORPORATION
You have two cows.
You count them and learn you have five cows.
You count them again and learn you have 42 cows.
You count them again and learn you have 2 cows.
You stop counting cows and open another bottle of vodka.

A SWISS CORPORATION
You have 5000 cows. None of them belong to you.
You charge the owners for storing them.

A CHINESE CORPORATION
You have two cows.
You have 300 people milking them.
You claim that you have full employment, and high bovine productivity.
You arrest the newsman who reported the real situation.

AN INDIAN CORPORATION
Youhave two cows.
You worship them.

A BRITISH CORPORATION
You have two cows.
Both are mad.

AN IRAQI CORPORATION
Everyone thinks you have lots of cows.
You tell them that you have none.
No-one believes you, so they bomb the **** out of you and invade your country.
You still have no cows, but at least now you are part of a Democracy....

AN AUSTRALIAN CORPORATION
You have two cows.
Business seems pretty good.
You close the office and go for a few beers to celebrate.

A NEW ZEALAND CORPORATION
You have two cows.
The one on the left looks very attractive...

07/02/2015

DEFINITION of 'Absolute Advantage'

The ability of a country, individual, company or region to produce a good or service at a lower cost per unit than the cost at which any other entity produces that good or service.

Example: -The United States produces 700 million gallons of wine per year, while Italy produces 4 billion gallons of wine per year. Italy has an absolute advantage because it produces many more gallons of wine (the output) in the same amount of time (the input) as the United States.

10/12/2014

DEFINITION of 'Nasdaq'

A global electronic marketplace for buying and selling securities, as well as the benchmark index for U.S. technology stocks. Nasdaq was created by the National Association of Securities Dealers (NASD) to enable investors to trade securities on a computerized, speedy and transparent system, and commenced operations on February 8, 1971. The term “Nasdaq” is also used to refer to the Nasdaq Composite, an index of more than 3,000 stocks listed on the Nasdaq exchange that includes the world’s foremost technology and biotech giants such as Apple, Google, Microsoft, Oracle, Amazon, Intel and Amgen.

24/12/2013

Definition of 'Income Per Capita'
A measure of the amount of money that is being earned per person in a certain area. Income per capita can apply to the average per-person income for a city, region or country and is used as a means of evaluating the living conditions and quality of life in different areas. It can be calculated for a country by dividing the country's national income by its population.
because per-capita income is the overall income of a population divided by the number of people included in the population, it does not always give an accurate representation of the quality of life due to the function's inability to account for skewed data. For instance, if there is an area where 50 people are making $1 million per year and 1,000 people making $100 per year the per capita income is
$47,714, but that does not give a true picture of the living conditions of the entire population.

02/12/2013

What is GDP?
The total market value of all final goods and services produced in a country in a given year, equal to total consumer, investment and government spending, plus the value of exports, minus the value of imports.

02/12/2013

Closed Economy
Definition
An economy that does not interact with the economy of any other country.
A closed economy prohibits imports and exports, and prohibits any other country from participating in their stock market. There have been many examples of closed economies throughout history, but very few closed economies exist today. also called autarky.

02/12/2013

the shortest definition of Economics.
(The correct and effective use of available resources).

16/11/2013

Investopedia explains 'Economics'
Two of the major approaches in economics are named the
classical and Keynesian approaches. Classical economists
believe that markets function very well, will quickly react to
any changes in equilibrium and that a "laissez faire"
government policy works best.
On the other hand, Keynesian economists believe that
markets react very slowly to changes in equilibrium
(especial to changes in prices) and that active government
intervention is sometimes the best method to get the
economy back into equilibrium.

16/11/2013

After ousting former president Hosni Mubarak, Egypt is in
the market for a new form of government . Here's a
rundown of the various forms of government, with
definitions provided by "The World Factbook."
Absolute monarchy - a form of government where the
monarch rules unhindered, i.e., without any laws,
constitution or legally organized opposition.
Anarchy - a condition of lawlessness or political disorder
brought about by the absence of governmental authority.
Authoritarian - a form of government in which state
authority is imposed onto many aspects of citizens' lives.
Commonwealth - a nation, state or other political entity
founded on law and united by a compact of the people for
the common good.
Communist - a system of government in which the state
plans and controls the economy and a single -- often
authoritarian -- party holds power; state controls are
imposed with the elimination of private ownership of
property or capital while claiming to make progress toward
a higher social order in which all goods are equally shared
by the people (i.e., a classless society).
Confederacy (Confederation) - a union by compact or treaty
between states, provinces or territories that creates a
central government with limited powers; the constituent
entities retain supreme authority over all matters except
those delegated to the central government.
Constitutional - a government by or operating under an
authoritative document (constitution) that sets forth the
system of fundamental laws and principles that determines
the nature, functions and limits of that government.
Constitutional democracy - a form of government in which
the sovereign power of the people is spelled out in a
governing constitution.
Constitutional monarchy - a system of government in which
a monarch is guided by a constitution whereby his/her
rights, duties, and responsibilities are spelled out in written
law or by custom.
Democracy - a form of government in which the supreme
power is retained by the people, but which is usually
exercised indirectly through a system of representation and
delegated authority periodically renewed.
Democratic republic - a state in which the supreme power
rests in the body of citizens entitled to vote for officers and
representatives responsible to them.
Dictatorship - a form of government in which a ruler or
small clique wield absolute power (not restricted by a
constitution or laws).
Ecclesiastical - a government administrated by a church.
Emirate - similar to a monarchy or sultanate, a government
in which the supreme power is in the hands of an emir (the
ruler of a Muslim state); the emir may be an absolute
overlord or a sovereign with constitutionally limited
authority.
Federal (Federation) - a form of government in which
sovereign power is formally divided -- usually by means of
a constitution -- between a central authority and a number
of constituent regions (states, colonies or provinces) so
that each region retains some management of its internal
affairs; differs from a confederacy in that the central
government exerts influence directly upon both individuals
as well as upon the regional units.
Federal republic - a state in which the powers of the central
government are restricted and in which the component
parts (states, colonies, or provinces) retain a degree of
self-government; ultimate sovereign power rests with the
voters who chose their governmental representatives.
Islamic republic - a particular form of government adopted
by some Muslim states; although such a state is, in theory,
a theocracy, it remains a republic, but its laws are required
to be compatible with the laws of Islam.
Maoism - the theory and practice of Marxism-Leninism
developed in China by Mao Zedong (Mao Tse-tung), which
states that a continuous revolution is necessary if the
leaders of a communist state are to keep in touch with the
people.
Marxism - the political, economic and social principles
espoused by 19th century economist Karl Marx; he viewed
the struggle of workers as a progression of historical forces
that would proceed from a class struggle of the proletariat
(workers) exploited by capitalists (business owners), to a
socialist "dictatorship of the proletariat," to, finally, a
classless society -- Communism.
Marxism-Leninism - an expanded form of communism
developed by Vladimir Lenin from doctrines of Karl Marx;
Lenin saw imperialism as the final stage of capitalism and
shifted the focus of workers' struggle from developed to
underdeveloped countries.
Monarchy - a government in which the supreme power is
lodged in the hands of a monarch who reigns over a state
or territory, usually for life and by hereditary right; the
monarch may be either a sole absolute ruler or a sovereign
- such as a king, queen or prince - with constitutionally
limited authority.
Oligarchy - a government in which control is exercised by a
small group of individuals whose authority generally is
based on wealth or power.
Parliamentary democracy - a political system in which the
legislature (parliament) selects the government - a prime
minister, premier or chancellor along with the cabinet
ministers - according to party strength as expressed in
elections; by this system, the government acquires a dual
responsibility: to the people as well as to the parliament.
Parliamentary government (Cabinet-Parliamentary
government) - a government in which members of an
executive branch (the cabinet and its leader - a prime
minister, premier or chancellor) are nominated to their
positions by a legislature or parliament, and are directly
responsible to it; this type of government can be dissolved
at will by the parliament (legislature) by means of a no-
confidence vote or the leader of the cabinet may dissolve
the parliament if it can no longer function.
Parliamentary monarchy - a state headed by a monarch
who is not actively involved in policy formation or
implementation (i.e., the exercise of sovereign powers by a
monarch in a ceremonial capacity); true governmental
leadership is carried out by a cabinet and its head - a
prime minister, premier or chancellor - who are drawn from
a legislature (parliament).
Presidential - a system of government where the executive
branch exists separately from a legislature (to which it is
generally not accountable).
Republic - a representative democracy in which the
people's elected deputies (representatives), not the people
themselves, vote on legislation.
Socialism - a government in which the means of planning,
producing and distributing goods is controlled by a central
government that theoretically seeks a more just and
equitable distribution of property and labor; in actuality,
most socialist governments have ended up being no more
than dictatorships over workers by a ruling elite.
Sultanate - similar to a monarchy, a government in which
the supreme power is in the hands of a sultan (the head of
a Muslim state); the sultan may be an absolute ruler or a
sovereign with constitutionally limited authority.
Theocracy - a form of government in which a Deity is
recognized as the supreme civil ruler, the Deity's laws are
interpreted by ecclesiastical authorities (bishops, mullahs,
etc.); a government subject to religious authority.
Totalitarian - a government that seeks to subordinate the
individual to the state by controlling not only all political
and economic matters, but also the attitudes, values and
beliefs of its population.

08/10/2013

از هفتم اکتبر سال 2001 که آمریکا و متحدینش به کشور ما لشکر کشی کردند، 4382 روز گذشت تا به مردم ما اثبات شود که نه امریکا و ناتو برای منافع مردم افغانستان می جنگند و نه دایه های مهربانتر از مادر در کشورهای همسایه برای ما دلسوزند و نه طالبان و حزب اسلامی حکمتیار برای منافع مردم افغانستان جهاد می کنند

08/10/2013

تمام نامزدان ریاست جمهوری باید برنامه ای داشته باشند تا نیازمندی های مردم رفع شوند. آیا نامزدان با برنامه ای که بتواند مشکلات و نیازهای مردم را رفع کند وارد کارزار انتخاباتی شده اند؟ آیا باز هم نامزدان ریاست جمهوری به افرادی تکیه کرده اند که منافع شان را تامین کنند؟

19/09/2013

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