Blood extraction is uncomfortable for some people. Processing it is also tedious. Hence, when Theranos was founded in 2003, it promised an almost pain-free and […]
Author Archives: Mathew Emmanuel Pineda
How Tariffs Drive Price Hikes and Can It Cause Inflation?
Tariffs are one of the most common protectionism policies. Raising import duties on certain goods to make them more expensive can encourage the domestic consumption […]
The Problem With the Work-Biased American Welfare System
Developed countries like Finland, Denmark, Norway, and Sweden have welfare systems focusing on providing generous, accessible, and often unconditional support to people without work. These […]
The Strategic Importance of Crimea
Considering its annexation by Russia in 2014, among other geopolitical and international relation issues it has been involved in, it is impossible to disregard the […]
Fiat Money: Advantages and Disadvantages
Fiat money is a type of currency without intrinsic value. Specifically, unlike commodity money or repetitive money, it does not represent a commodity that has […]
The Early History of Communism in China
The early history of communism in China started when the Chinese Communist Party, headed by politician and theorist Mao Zedong, overthrew the Republic of China in […]
Corporate Social Responsibility Program of Apple
Steve Jobs enforced several tenets that differentiated Apple from other technology companies. For example, when he returned to the company in 1997, one of his […]
Universal Basic Income: Advantages and Disadvantages
Imagine receiving cash on a regular basis on top of your income from work. How about receiving money as a fresh graduate looking for work? […]
Commodity Fetishism According to Karl Marx and Modern Applications
Karl Marx, in his 1867 work “Capital: Critique of Political Economy” or “Das Kapital” introduced the term “commodity fetishism” as part of his criticism of […]
Economic Bubble: Definition, Causes, and Examples
What is an economic bubble? What are its causes and effects? What are some of the notable examples of this phenomenon in history? An economic […]