Participation Income Participation income is a type of universal basic income (UBI) that provides every citizen with a certain amount of income as a right of citizenship,…
Market Socialism – a political-economic system Market socialism is a political-economic system in which the means of production are owned and managed by the workers, but the goods and services are…
Humanistic Economics Humanistic economics is a school of thought within economics that emphasizes the importance of human values, ethics, and social justice in economic theory and practice.…
As Interest Rates Rise, the IMF Warns of ‘Disorderly’ House Price Corrections in Europe The International Monetary Fund (IMF) warned of “disorderly” housing price corrections in Europe on Friday (April 28, 2023), as the area struggles to contain inflation.…
Welfare Capitalism – an Economic System Welfare capitalism is an economic system in which private businesses are expected to take responsibility for the social welfare of their employees. In a welfare…
Humanistic Capitalism Humanistic capitalism is a concept that seeks to combine the principles of capitalism with a focus on human well-being and social responsibility. It proposes that…
Economics of Happiness Economics of happiness is a field of study that focuses on understanding the relationship between economics and human well-being or happiness. The traditional approach to…
GDP in the United States Increased by 1.1% in the First Quarter, Indicating that the Economy is Slowing Growth in the United States dropped significantly during the first three months of the year as interest rate hikes and inflation took grip of an…
Green National Product The green national product (GNP) is an economic indicator that takes into account the environmental costs associated with economic activity. The GNP is an alternative…
Sustainable Capitalism Sustainable capitalism is a concept that seeks to combine the principles of capitalism with the need for environmental and social sustainability. It is a way…
Green Gross Domestic Product Green Gross Domestic Product (Green GDP) is a measure of economic growth that takes into account the environmental costs of that growth. Traditional GDP only…
Eco-capitalism Eco-capitalism is a type of capitalism that seeks to incorporate environmentally sustainable practices into business operations. It also known as environmental capitalism or green capitalism,…