Browsing All posts tagged under »Politics«

Unfunded Liabilities

March 7, 2011

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American state and federal governments are struggling to cut spending. They are unable to fulfill the budgets that they had planned on with the revenue they are now taking in. Most of the debate has been about cutting short term spending on public services with the idea that the revenue shortfall is a short-term effect […]

Budget Deficits; Useful or Dangerous

February 17, 2011

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One of the biggest political fights right now in the United States and other countries hurt by the Great Recession is over government finances. For various reasons, they have been spending much more than they have been taking in from taxes. This is called deficit spending. It is separate from the actual level of debt. […]

Recent History of Egypt

February 8, 2011

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Egypt entered the modern era as a mostly independent subject kingdom within the Ottoman Turk empire. As the industrial revolution  took hold in Britain, the erstwhile Land of the Pharaohs was ruled by the descendants of the mercenary Ali Pasha, who maintained their position by paying tribute to the Sultan and modernizing their armies.  In […]

Why no one is stopping climate change

August 18, 2010

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In recent years the debate about climate change, sometimes called global warming, has become politicized. Emotions run high on both sides, which, as is common in public discourse, leads more to a clash of ideologies and values rather than a calm and cogent discussion of the various sides of the issue at hand. Most people […]

Why do we pay farmers not to grow food?

July 11, 2010

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One of the most complicated and passionately defended policies of many governments is that regarding agriculture. The European Union has the Appellation d’origine Contrôlée, Japan pays out huge sums to guarantee that they are self sufficient in rice production, and the US writes into its budget billions of dollars in farm subsidies each year. The […]