Monday 28 July 2014

Free Market Principles: Public’s Welfare the Top Priority for a Country to Grow!

Free Market Principles are the basic principles which form the main foundation of the Declaration of Independence in the United States. It has been a guiding factor while the American Constitution and many of its amendments were written down. The rights and liberties of the people, through which they get the freedom to act and live according to their will, and be a responsible citizen of the country by following various laws is an indispensable part of the lives of these people and this is the reason why equality and liberty is practiced completely in the whole country.

When USA became a super-power, it started taking its financial activities on a global level and with the help of lenders within the country, and came into power by growing the size and volume of its operations with the help of the taxes paid by the responsible citizens of the country. These people, who are the main reason that the country flourished economically, have a right to be well-informed about the current financial and economic status of the country and decide whether they wish to invest their hard-earned money into the government operations or not.

We, at Economic Prism, bring you the situation right from the top and let you know about the recent economic developments in the country and how beneficial they can be for you, as the drivers of the country’s growth and welfare. We look at the various economic policies from different angles, considering the free market principles and your rights and liberties as the main criteria while writing the various blogs. We keep your welfare as our top priority and we hope our blogs help you derive maximum information for your benefit.

Saturday 26 July 2014

Search the Internet for Individual Ideas on Economy

The internet is a treasure trove of information on every subject from global warming to the latest trends in fashion and even independent ideas on economy. The ideas can be those of a common citizen or a well known economist. Often websites that publish information about the economy of the United States and the world take their articles from people who are either renowned in the field of economy or are in a responsible position affecting the economics of large organizations. These people voice their opinions about different subjects pertaining to economics. These opinions are usually based on a strong foundation of knowledge of the subject.

Such websites also provide a financial market overview which can enable many business organizations to plan their strategies. At the same time, individuals can learn what kind of taxation, inflation etc they can expect in the coming times. This information can also help people make important decisions like making large investments. Such websites which publish economic news and articles are also useful for students of economics. They can learn a lot of practical facts about global economics which are often not taught in books. Hence if you want to enhance your knowledge about economy then you should definitely refer to such a website on the internet.