It is self-evidently true that a liberal-democratic government should protect the ‘social rights’ of its citizens. There are copious arguments from various eminent thinkers that back up this claim. Ranging across eras and philosophical schools, various intellectuals have endorsed the protection of social rights of citizens. This essay will draw upon the ideas of philosopher…
Tag: New Deal
A review of the US housing market crash of 2007-2008 & forecasts for the future
The severe decline in the state of world economy in the last two years is a culmination of several factors. But the bursting of the housing bubble in the United States alongside a precarious credit crunch situation have played major roles in precipitating the latest episode of economic recession in many countries. While the advanced…