NAFTA’S Effect on North American Economies

NAFTA’S Effect on North American Economies

Aryn Dorantes- Period 5 The North American Free Trade Agreement (NATFA) was established more than twenty five years ago transforming trade between three important global economies-the United States, Canada and Mexico.  After twenty-five years have all of the benefits promised by lawmakers come to pass?  Has each country benefitted equally from the trade agreement?  A … Continue reading

Trade & Globalization

Trade & Globalization

Gina Guidone — Period 5   Because our economy is built on trade, the U.S. pays other countries to make materials that it is incapable of making. Since other countries are capable of producing items that the U.S. cannot, the U.S. must have a balance of its own items to essentially trade to other countries. … Continue reading

The Weight of Perverse Incentives in Economic Decisions

The Weight of Perverse Incentives in Economic Decisions

Alex Tedeschi   Perverse incentive are largely prevalent in jobs and policies, but how important are they to making policy changes? In many economic decisions, policy makers need to consider the perverse incentives that accompany their conclusions because perverse incentives, “inadvertent incentives that can be created when we set out to do something completely different … Continue reading

Employment and the Economy

Employment and the Economy

Hailey Wilson-5 All around the world today, many people have to deal with unemployment. When someone loses their job, not only does it impact their personal life, it also impacts the economy. Naked Economics describes the relationship between unemployment and the economy. The novel also looks at why some people are richer than others. While … Continue reading

The Riches of Investment

The Riches of Investment

Catherine Simpkins – The words “wealthy,” “rich” and “well-off” float vicariously out of our mouths whenever we talk about someone who has money, but what do those words really mean? The above words can mean a number of things; the dictionary says that the word “rich” means “having a great deal of money or assets; … Continue reading