Triggle,Nick. Soaring costs prompt rethink of long-term care planning, Nursing Management 19.10 (Mar 2013) 6-7. The article talks about how the public health budget in the UK has steadily grown over the years. It has now superceded military spending and consumers 8.2% of national GDP. But the bad news is that this trend is expected…
Tag: GDP
Defense Spending and the Military-Industrial Complex
Dwight Eisenhower’s warnings about the Military-Industrial Complex have proved prophetic in the years since. Addressing the nation on occasion of his tenure’s closure, he reminded Americans about the threat to democratic policy-making posed by this corrupt nexus. Levin-Waldman’s concept of the ‘iron triangle’ closely aligns with Eisenhower’s understanding. Indeed, the former President had to strike…
The Choice: A Fable of Free Trade and Protectionism by Russell Roberts
Russell Roberts is one of the prominent economic thinkers of our times. His works are known for their insightfulness, accessibility and relevance to current economic problems. The Choice: A Fable of Free Trade and Protectionism is one of his best works as it excels in the above mentioned qualities. The book essentially presents to the…
What are the major determinants of economic growth and how far the costs of economic growth outweigh the benefits
The promise of impressive economic growth has been a staple of electoral promises ever since the inception of parliamentary democracy in the UK. In recent years, this phenomenon has only gathered pace with both the Tories and the New Labour leadership claiming the ‘economic growth’ mantle as their own. Here, the implicit assumption is that…
Sick Around the World by Frontline
The documentary film Sick Around The World deals with the topic of healthcare systems across the world. In the film, five capitalist democratic countries are chosen for analysis. The rest of this essay will briefly describe these, scrutinize their pros and cons and identify the best among the lot. The essay finally attempts to find…
Why does the U.S. not have universal health insurance, unlike almost all other rich democracies?
The fact that the United States does not have a universal health insurance system is undoubtedly bad for its citizens. Despite being the most advanced nation in the world economy-wise, the United States holds the notorious distinction of having a highly-under-functioning health-care system. This fact is proven by the high rates of negative outcomes for…