Explore what subsidies are, why they're used, and their impacts on economies with insights into various types. Dive into how subsidies work and their potential effects on both the market and societal objectives.
Explore what a windfall tax is, how it affects industries, particularly oil and gas, and the ongoing debate surrounding its economic and social implications.
Explore the depths of Petroleum Revenue Tax (PRT), a crucial levy for oil-producing regions, and learn how it impacts both oil juggernauts and the economy.
Explore the concept of the welfare state, its historical context, criticism, and its impact on society. Learn how welfare systems function and their role in modern governance.
Explore the effects and controversies of deregulation on markets, with a focus on its role in the financial crisis of 2007-08 and current economic theories.
Explore the structure and significance of the Government Pension Fund of Norway, the world’s largest sovereign wealth fund. Learn how it influences global finance.
Dive into the nuances of Surplus Advance Corporation Tax, its implications for businesses before it was abolished in 1999, and its role in corporate tax history.
Explore how externalities affect economies, featuring both positive and negative outcomes from indirect actions. Discover their influence on government policies and corporate strategies.
Explore the definition of rent seeking, how it operates, examples and its implications in economic and political spheres. Learn about the causes and consequences of rent seeking in today's market.
Understand Student Loan Forgiveness programs, eligibility criteria, potential benefits, recent changes under President Biden’s plan, and the implications for borrowers.
Understanding Japan Inc: A deep dive into Japan’s unique synergy of government and corporate business structure that shaped its economic landscape from rapid growth to economic stagnation.
Explore what deadweight loss of taxation means, how it affects the economy, and the factors contributing to it. Learn through examples and key economic principles.