What are the Fundamental Critiques of the Free Market System as a Means of Creating National Wealth and in Terms of Prospects for Maximizing Social Welfare?
Introduction The free market system, rooted in the principles of supply and demand with minimal government intervention, is often heralded as a cornerstone of ...
Market Structures in the Real World: Amazon and Monopolistic Competition
Introduction Market structures form a critical framework in economics, helping to understand how industries operate based on competition levels and firm behaviours. This essay ...
Cost of Living Crisis in the UK
Introduction The cost of living crisis in the UK has emerged as one of the most pressing socio-economic challenges of recent years, profoundly affecting ...
How Has the Composition of Exports and Imports in South Africa Evolved Between 2020 and 2025, and What Economic Factors Explain These Changes?
Introduction This essay explores the evolution of South Africa’s export and import composition between 2020 and 2025, drawing on trade data to highlight significant ...
In Many Countries Today, There Are Many Highly Qualified Graduates Without Employment: Causes and Solutions
Introduction The increasing number of highly qualified graduates facing unemployment is a pressing issue in many countries worldwide. Despite significant investments in education and ...
What Are the Best Economic Predictors for Armed Conflict and Peace?
Introduction The relationship between economics and armed conflict has long been a subject of academic inquiry, as economic conditions often shape the likelihood of ...
Should Universal Basic Income Become a Reality in Britain?
Introduction Universal Basic Income (UBI), a policy proposal involving regular, unconditional payments to all citizens regardless of income or employment status, has gained traction ...
