Politics Archives

How Do Politics Affect the Economy of a Nation? 5 Key Factors

How do politics affect the economy of a nation? What internal and external political factors could be in operation? Of course, geography and culture impact a country’s economy. But, politics also play a significant role. When we examine the global wealth gap, we must consider political factors from inside and outside a nation that contribute to its wealth or poverty. Continue reading to learn how politics make a difference in a nation’s economy.

Why Are Some Countries Poor and Others Rich?

Why are some countries poor and others rich? Is it the result of factors and circumstances determined long ago—or of contemporary political and economic decisions? Historians, economists, and others have pondered these questions for centuries. We’ll outline the four causes of the global wealth gap that several of these analysts propose: geographical differences, cultural differences, political differences, and exploitation. Read more to learn why some countries have more wealth than others.

The Inflation Reduction Act (IRA) vs. Rising Drug Prices

How will the Inflation Reduction Act combat rising drug prices? Why are pharmaceutical companies fighting back? In 2022, President Biden signed into law the Inflation Reduction Act, which aims, among other things, to reduce spending by Medicare on prescription drugs. The pharmaceutical industry has launched a series of lawsuits to stop the act from taking effect. In this article, we’ll examine the context that brought about the new law and the pharmaceutical industry’s opposition.

Will the New York Airbnb Laws End Short-Term Rentals?

What are the New York Airbnb laws, and why were they implemented? What impact will they have on Airbnb and its hosts in New York City and around the globe? New NYC regulations aimed at cracking down on illegal short-term stays require Airbnb hosts to register and be present during guest stays, effectively banning many rentals. The regulations have sparked a fierce debate between affordable housing advocates and the platform, its hosts, and tourism groups. Here’s what you need to know about the New York Airbnb laws and their implications.

What Did Ulysses S. Grant Do as President of the US?

What did Ulysses S. Grant do as president of the United States? Was he considered a good president? In 1868, as the Republican nominee, Grant defeated incumbent Andrew Johnson to become the 18th President. In Grant, Ron Chernow analyzes Grant’s legacy of Reconstruction—the era lasting from the Civil War’s end until 1877—which saw him attempt to defend civil rights for Black Americans while reconciling with the South. Let’s take a look at what Ulysses S. Grant accomplished (or failed to accomplish) as president.

Ulysses S. Grant: Reconstruction After the Civil War

What did Ulysses S. Grant do during the Reconstruction Era? How did he try to reconcile the North and the South of the United States? In Grant, Ron Chernow argues that Grant’s presidency was marked by attempts at international and domestic conciliation. However, these attempts weren’t always successful. Let’s look at Ulysses S. Grant’s reconstruction attempts.

The Future of the Networked Age: Niall Ferguson Spots the Trends

Where’s the growing connectedness of the world headed? Is a global Utopia in our future? Certain visionaries, social media proponents, and Silicon Valley entrepreneurs argue that making the world more connected through social media and global commerce will contribute to building a utopian future of world peace and equality. Niall Ferguson contends that this isn’t the case. Keep reading to understand Ferguson’s argument as he applies network theory to the future of our networked age.

The 2 Ulysses S. Grant Scandals That Ruined His Reputation

What were the worst of Ulysses S. Grant’s scandals? Why was Grant susceptible to corruption? Although Grant showed political poise in other areas, Grant by Ron Chernow contends that his lack of political experience was evident elsewhere. In particular, he argues that Grant’s gullible nature blinded him to corruption by those he trusted, revealing a consistent political naivety. To show as much, we’ll focus on two scandals that marred Grant’s presidency: the so-called Whiskey Ring and Indian Ring scandals.

Biden’s Executive Order 14036 Targets Monopolies

What is Executive Order 14036? What are supporters and critics saying about the plan? What’s the likelihood that it will succeed? President Biden is challenging huge corporations’ control over markets with new directives to increase competition and oversight. The success of Biden’s plan may hinge on modernizing outdated antitrust laws through bipartisan legislation. But lack of cooperation between parties poses a challenge. Here’s an overview of the plan’s goals and what it would entail.

Malcolm X and the Nation of Islam: The Rise & Fall of an Alliance

What’s the Nation of Islam? Why did Malcolm X join it, and how did it impact his life? When he was in prison, Malcolm X embraced the Nation of Islam. It changed his life for the better in many ways, culminating in the beginning of his civil rights career. But, the partnership didn’t last, and Malcolm X eventually went his own way. Continue reading to learn the history of Malcolm X and the Nation of Islam.