As a high school student, you may have heard of the term "trickle-down economics." This concept was introduced in the 1980s, when President Ronald Reagan's administration implemented policies to stimulate the US economy. The key academic concepts here are tax cuts and their impact on the government's revenue, the economy, and people's lives. By understanding these concepts, you can learn how economic policies affect society, and how to analyze them critically. Moreover, by exploring this topic, you can develop your research and writing skills, and engage with current events that may impact your future. While there is no clear answer as to whether trickle-down economics is an effective policy, exploring this topic can provide valuable insights into economic theory and current political discourse. So why not explore this fascinating topic further and discover new perspectives on economic growth?

Neoliberalism is a term we often hear thrown around, but do you really understand what it means? At its core, neoliberalism is an economic philosophy that emphasizes the importance of individual liberty and the freedom of markets. It argues that markets can produce their own philosophy, and therefore we should look at the world through the eyes of the market. While some see neoliberalism as a way to deliver public services through privatisation over state control, others argue that it leads to uncontrolled globalisation that puts corporations above nations. Understanding neoliberalism can help you develop critical thinking skills and a deeper understanding of the way state and market interact with our aspirations. By exploring this concept, you'll be better equipped to navigate the world and make informed decisions that affect your life.

In "Bad Samaritans," economist Ha-Joon Chang challenges the conventional wisdom of free-market globalization and its champions like Thomas Friedman. Using humor and historical examples, Chang argues that protectionism and government intervention are the true keys to prosperity for today's economic superpowers. He exposes the myths of free-market ideology, including the hypocrisy of patent and copyright protection, and the false assumption that centrally planned economies stifle growth. This provocative and contrarian history of global capitalism will challenge your assumptions and make you think twice about the policies we force on developing nations. Recommended for students of economics, political science, and global studies, as well as anyone interested in the history and politics of globalization and economic justice. This book will appeal to those who question the orthodoxies of free-market capitalism and want to explore alternative models of economic development. It will also be of interest to activists and policymakers concerned with the impact of globalization on developing nations and the role of government in promoting economic growth. Chang's engaging style and irreverent wit make this a thought-provoking and accessible read for anyone seeking a deeper understanding of the complex issues surrounding global capitalism.

Andrew Ross Sorkin's "Too Big to Fail" is a gripping account of the financial crisis that shook the world economy to its core. With unprecedented access to the key players involved, Sorkin takes us behind the scenes of secret meetings in South Korea, the corridors of Washington, and the corner office at Lehman Brothers. The book is a real-life thriller, revealing never-disclosed details and the decisions made on Wall Street that sowed the seeds of the debacle. This is a must-read for anyone interested in the world of finance, politics, and the fate of the global economy. Recommended for finance enthusiasts, political science students, and anyone interested in understanding the causes and consequences of the 2008 financial crisis. This book provides a moment-by-moment account of how the crisis developed into a global tsunami, with unprecedented access to the key players involved. It sheds light on the decisions made on Wall Street that led to the collapse of Lehman Brothers and the subsequent bailout of the world's biggest banks. Anyone looking to gain insights into the workings of the finance industry and the role of politics in shaping the global economy will find this book a fascinating read.

European Union (EU), European Community (EC) and the Eurozone are complex political and economic concepts that are closely intertwined and often used interchangeably. However, they are not exactly the same thing. Understanding the differences between these three concepts is crucial for anyone interested in the study of European politics and economics. The European Community was established in 1957 with the signing of the Treaty of Rome. It was created to promote economic cooperation between European countries and to help create a common market. The European Community consisted of three main institutions: the European Commission, the Council of the European Union, and the European Parliament. In 1993, the Maastricht Treaty transformed the European Community into the European Union. The EU expanded the scope of cooperation between European countries, now covering a wider range of policy areas such as justice, foreign policy, and defense. The EU has 27 member countries and operates through the same three institutions as the European Community. The Eurozone, on the other hand, is a monetary union within the EU that consists of 19 countries that have adopted the euro as their currency. The purpose of the Eurozone is to promote economic integration and stability in Europe through the use of a common currency. Leading academics in the field, such as John Peterson and Andrew Moravcsik, have made significant contributions to our understanding of the EU, EC and the Eurozone. Peterson's work focuses on the development of the EU's institutional structure and its impact on member states, while Moravcsik's research examines the EU's decision-making processes and its role in global governance. So, what makes these three concepts different from each other? The European Community was established to promote economic cooperation, the EU expanded the scope of cooperation to cover a wider range of policy areas, and the Eurozone is a monetary union within the EU that uses a common currency. By understanding the differences between the EU, EC, and Eurozone, students can gain valuable insights into the workings of the European Union and the impact it has on its member states.

How did the Winnebago tribe of Nebraska turn their extreme poverty into prosperity through self-determination? Learn how their success story is inspiring Harvard's Project on Indigenous Governance and Development.

Are you fascinated by current world events and the interactions between nations, cultures, and societies? Do you want to explore the complexities of global politics and diplomacy? If so, studying International Relations at university undergraduate level might be the perfect fit for you. International Relations is a dynamic and ever-changing field of study that examines the relationships between countries and how they interact with each other on a global scale. It delves into the complexities of international politics, economics, and culture, and explores how these factors shape the world we live in. One of the most appealing aspects of studying International Relations is the opportunity to learn about real-life examples of international relations at work. From the UN peacekeeping missions to the Paris Climate Agreement, you will learn about some of the most significant events and agreements in modern history. You will also get to study the works of well-known academic figures such as Joseph Nye and Samuel Huntington, who have contributed groundbreaking theories to the field. At the undergraduate level, typical majors and modules include International Political Economy, Global Governance, and International Security. You can also specialize in areas such as Middle Eastern Studies or Human Rights, depending on your interests. For example, you could study the role of women in conflict resolution in the Middle East or analyze the impact of climate change on global security. After completing your degree, there are numerous potential career paths you could take. You could work in government agencies or think tanks, consulting firms, or international organizations such as the United Nations or the World Bank. You could also work in the private sector, with companies such as Google or ExxonMobil, who have a global presence and need employees with an understanding of international relations. To succeed in this field, it's helpful to have a strong interest in current world events and a desire to understand how they fit into the bigger picture. Strong analytical and critical thinking skills are also crucial, as is the ability to communicate effectively and work well in a team. So if you're passionate about global issues and want to make a positive impact on the world, studying International Relations at university undergraduate level could be the perfect choice for you.

The Imperial College Business School conducted a study that reveals the wealth gap in the US has grown faster than in Europe, and the primary cause of this phenomenon is the significant increases in stock market prices. The research aims to explore the reasons behind the growing wealth inequality in the US and identify the necessary actions to address it.

Nobel Prize-winning economist Joseph E. Stiglitz's best-selling book "The Price of Inequality" is a powerful indictment of America's growing inequality and its corrosive effects on our economy, democracy, and system of justice. Stiglitz argues that politics, not just market forces, have shaped this vicious circle of inequality, and he exposes the efforts of well-heeled interests to compound their wealth at the expense of true, dynamic capitalism. With characteristic insight, Stiglitz offers a vision for a more just and prosperous future, supported by a concrete program to achieve that vision. Recommended for students of economics, political science, and sociology, as well as anyone concerned about the growing inequality and lack of opportunity in America. This book is particularly relevant to those interested in the role of politics in shaping market forces, the effects of inequality on our economy and democracy, and the need for concrete policy solutions to address these issues. It may also be of interest to activists and advocates working towards greater economic and social justice.

In "The Curse of Cash," Kenneth Rogoff, a world-renowned economist, presents a radical idea: getting rid of most paper money to fight crime, tax evasion, and financial crises. With a record $1.4 trillion in US dollars alone, paper money is feeding a massive underground economy, crippling monetary policy, and making us poorer and less safe. Rogoff offers a plan to phase out most paper money, leaving small-denomination bills and coins in circulation, and addresses the issues the transition will pose. This thought-provoking book is a must-read for anyone interested in economics, finance, politics, and social justice. Recommended for students of economics, finance, and political science, as well as professionals in banking, law enforcement, and policy-making, "The Curse of Cash" sheds light on the hidden costs and dangers of paper money and proposes a bold solution to some of the world's biggest problems. By exploring the links between cash, crime, corruption, terrorism, and economic inequality, Rogoff challenges us to rethink our assumptions about money and value, and to consider the implications of a cashless society for privacy, security, and social welfare. This book is also relevant to anyone interested in global affairs, technology, and the future of money.

Are you passionate about the environment and the future of our planet? Do you want to make a real difference in the world? Then studying Climate Change Policy might just be the perfect field of study for you! Climate Change Policy is an interdisciplinary field that combines science, politics, economics, and law to address one of the most pressing issues of our time: global warming. As a student in this field, you'll gain a deep understanding of the science behind climate change, as well as the policies and strategies needed to mitigate its effects and adapt to its impacts. One of the most exciting aspects of studying Climate Change Policy is the real-world impact you can have. From designing renewable energy policies to developing sustainable transportation systems, the work of Climate Change Policy experts has a direct impact on the health of our planet and the well-being of future generations. As a student in this field, you'll have the opportunity to engage in cutting-edge research and innovation, working with top academics and experts in the field. You'll explore the latest academic discourse and learn from well-known figures like Naomi Klein, Bill McKibben, and Michael Mann, who have made significant contributions to the field. At the undergraduate level, you'll typically take courses in Environmental Science, Economics, Political Science, and Law, among others. Specializations can include topics like Climate Change Adaptation, Energy Policy, Environmental Law, and Sustainability. You'll also have the opportunity to gain hands-on experience through internships and research projects. The potential career paths for Climate Change Policy graduates are vast and varied. You could work for government agencies, non-profit organizations, or private companies, designing and implementing policies to reduce greenhouse gas emissions and promote sustainability. You could also work in academia, researching and teaching about climate change and its impacts. Notable employers in this field include the United Nations, the World Bank, and the Environmental Protection Agency, among others. To succeed in this field, you'll need to be passionate about the environment and committed to making a difference in the world. You should also have strong analytical and critical thinking skills, as well as excellent communication and teamwork abilities. If you're ready to take on the challenge of addressing climate change head-on, then studying Climate Change Policy might just be the perfect fit for you!

The concept of the "Prisoner's Dilemma" has been studied for over 60 years for its insights into political, military, and economic affairs. The scenario involves two criminals who must decide whether to cooperate or betray each other, with each facing different consequences based on their actions. This dilemma highlights the conflict between self-interest and cooperation, and how rational individuals acting in their own self-interest can bring about the worst-case scenario. Learning about this concept can help students understand the importance of cooperation and the dangers of solely focusing on individual self-interest. It also has practical applications in fields such as politics, economics, and international relations. By exploring this concept through reading, reflection, and self-directed projects, students can gain a deeper understanding of human behavior and decision-making.

In Uneasy Street, Rachel Sherman delves into the lives of fifty affluent New Yorkers, including hedge fund financiers and corporate lawyers, to uncover their perspectives on privilege and wealth. Contrary to popular belief, these "liberal elites" feel conflicted about their position in a highly unequal society and wish to be seen as "normal." They avoid talking about money and compare themselves to those with more, rather than less. Sherman argues that this ethical distinction between "good" and "bad" wealthy people perpetuates economic inequality and has become ordinary and acceptable to the rest of us. This thought-provoking book challenges our assumptions about the wealthy and their role in society. Recommended for students of sociology, economics, and political science, as well as anyone interested in exploring the complex relationship between wealth and privilege. The book sheds light on how the wealthy perceive their own position in society and how their beliefs perpetuate economic inequality. It is also relevant to professionals in finance, law, and other industries that intersect with wealth and privilege. Finally, Uneasy Street is a must-read for anyone concerned with social justice and the widening gap between rich and poor.

In his book, Robert Bork offers a unique perspective on antitrust law that challenges conventional wisdom. He argues that these laws, often thought to protect consumers, actually do the opposite by favoring inefficient small businesses. Bork also delves into the societal tensions between liberty and equality that are reflected in antitrust law. This book is a must-read for anyone interested in economics, law, or politics, as it sheds new light on an important and often misunderstood topic. Recommended for students of law, economics, and political science, as well as anyone interested in understanding the impact of antitrust law on consumers and small businesses. The insights offered by Bork's analysis of the societal tensions between liberty and equality are also relevant to those studying sociology and philosophy. This book is particularly relevant to those interested in the intersection of law and economics, and the role of government in regulating business practices. It is also a valuable resource for entrepreneurs and small business owners seeking to understand the impact of antitrust laws on their industry.

Have you ever wondered what goes on in the minds of judges as they make decisions in our legal system? In 'The Behavior of Federal Judges', a political scientist, an economist, and a judge team up to unravel the mystery of judicial decision-making. Through statistical analyses and a labor-market model, they reveal how judges are motivated by both financial and non-financial factors, and how ideology plays a role in decision-making at different levels of the federal judiciary. This book offers a fascinating insight into the complex world of judicial behavior, dispelling traditional legalist and political science theories. Join the authors on a journey to uncover the truth behind the robes." Recommended for law students, legal professionals, political scientists, and anyone interested in the workings of the American legal system. This book provides a unique perspective on judicial decision-making, using a labor-market model to explore the motivations of judges. It dispels traditional legalist and political science theories, highlighting the role of ideology in decision-making at different levels of the federal judiciary. This book is relevant to those interested in the intersection of law and economics, as well as those interested in understanding the complexities of the judicial system. It offers a fascinating insight into the minds of judges, and how they navigate the intricate web of legal and ideological factors that shape their decisions.

If you have a passion for making a positive impact on society and shaping the world we live in, then a career in public policy might be the perfect fit for you. Public policy professionals work in a wide range of fields, from government and non-profit organizations to international organizations and think tanks. Their work involves analyzing social and economic issues, developing policies, and implementing solutions that address complex problems facing society. One of the most appealing aspects of a career in public policy is the opportunity to make a tangible difference in people's lives. Public policy professionals can work on issues such as climate change, poverty, education, and healthcare, among others. For instance, they can advocate for environmental protection policies that reduce greenhouse gas emissions and mitigate the impact of climate change, or they can develop programs that increase access to healthcare services for underserved communities. As a public policy professional, your typical duties might include conducting research, analyzing data, and working with stakeholders to develop policies that address a specific issue or problem. You may also be responsible for evaluating the effectiveness of existing policies and proposing improvements. Depending on your interests and strengths, you can specialize in a particular area of public policy, such as healthcare, education, environmental policy, or international relations. To pursue a career in public policy, you typically need a bachelor's degree in a relevant field, such as political science, economics, or public administration. Some popular undergraduate programs and majors in this field include Bachelor of Arts in Political Science, Bachelor of Science in Public Policy, Bachelor of Arts in Economics and Bachelor of Science in Public Administration. In addition to academic credentials, public policy professionals need certain personal attributes to be successful. These include strong analytical and critical thinking skills, excellent communication and interpersonal skills, and a commitment to public service and social justice. The job prospects for public policy professionals are excellent, with a wide range of employers across the public and private sectors. Some notable employers in this field include the United Nations, the World Bank, the International Monetary Fund, the Environmental Protection Agency, and the U.S. Department of State..

Are you interested in exploring the world and its diverse cultures while making a positive impact on society? Look no further than Global Studies! This exciting field of study offers a unique and dynamic approach to understanding global issues, cultures, and societies. Global Studies is an interdisciplinary field that combines insights from various social sciences, humanities, and natural sciences to examine the complex and interconnected nature of our world. Students in this field study topics such as globalization, international relations, human rights, environmental sustainability, and cultural diversity. Global Studies isn't just about reading textbooks and attending lectures. It involves exciting research, innovative ideas, and inspiring academic discoveries. For example, have you heard about the work of Nobel Peace Prize winner Malala Yousafzai, who advocates for girls' education around the world? Or the groundbreaking research on climate change by Dr. Jane Goodall? These are just a few examples of the inspiring work done by global studies scholars. At the undergraduate level, students can choose from a variety of majors and modules, including international relations, environmental studies, and cultural studies. They can also specialize in areas such as global health, human rights, or sustainable development. These specializations can lead to exciting careers in fields such as international development, diplomacy, or environmental advocacy. If you're interested in pursuing a career in Global Studies, there are a wide range of potential jobs and roles you can consider. These include working for international organizations like the United Nations or World Health Organization, non-governmental organizations like Amnesty International or Greenpeace, or multinational corporations with a global presence. Some notable employers in this field include the Bill and Melinda Gates Foundation, Doctors Without Borders, and the World Wildlife Fund. To succeed in Global Studies, you should have a passion for exploring different cultures, a strong interest in current events and global issues, and excellent communication and critical thinking skills. A second language is also a valuable asset in this field. In conclusion, Global Studies is an exciting and rewarding field of study that offers a unique perspective on our world and its challenges. If you're interested in exploring different cultures, making a positive impact on society, and pursuing a dynamic career, Global Studies may be the perfect fit for you.

Former Goldman Sachs executive, Roger Ng, has been sentenced to 10 years in prison for his role in the 1MDB scandal. The scandal involved the looting of billions of dollars from Malaysia's sovereign wealth fund, leading to massive fines for Goldman and rocking Malaysian politics. Ng had denied the charges, but prosecutors argued he played a key role in a corruption scheme that took funds intended for development projects and used them for bribes and personal gain. Learn more about this audacious scheme and its impact on global institutions.

Libertarianism is a political philosophy that values individual liberty and minimal government intervention. Its roots go back to the European Enlightenment and American independence in the 18th century. Libertarians believe in the principle of self-ownership and negative freedom, which means freedom from interference by others, especially the government. They advocate for a minimal state that only provides protection against force, theft, fraud, and enforcement of contracts, without public services such as health and education. Although critics argue that we need positive freedom, which includes access to things like decent housing, healthcare, and education, libertarianism's influence can be felt every time people attack big government or the nanny state. Learning about libertarianism can help students understand different political philosophies and develop critical thinking skills.

Financial regulators have finally taken an interest in cryptocurrencies due to political pressure, despite law enforcement closely monitoring transactions for years. While crypto may not pose significant micro or macro concerns, regulators are compelled to act. However, their actions may backfire, warns Dr Jon Danielsson.