Does Government Spending Benefit the Economy?

‘Spend as much as you can’, urged the IMF at the start of 2021 in order to accelerate the global economy’s revival. Others argue that the economy should be left to its own devices – government intervention only creates havoc. Governments spend in a plethora of ways, but we must examine the effects of government spending, originally intended to directly benefit the economy. On the … Continue reading Does Government Spending Benefit the Economy?

Stethoscope and calculator over a health insurance claim

Why is American healthcare so expensive?

With over 200,000 deaths in the USA at the time of writing, the COVID-19 pandemic has highlighted one of the nation’s most pressing and long-standing issues. American healthcare ranks as one of the worst in the developed world, despite the fact that the US has the highest national GDP. What factors could have caused this? We shall begin by justifying the premise that American healthcare … Continue reading Why is American healthcare so expensive?