Olympics Essays Samples That Help You Write Better, Faster & with Gusto

Various perspectives are used to arrive at a definite consensus in the analysis of income disparity among people and nations. Analysts use Gross Nation Income (GNI) and the Gross Domestic Product (GDP) of nations to compare economic activities between nations. Generally, the differences in both GNI and GDP arise due to economic, political and social factors. The factors which lead to the differences in the income of the economy can be classified as either proximate causes of growth or fundamental causes of growth. The proximate causes of growth may include innovation, education and savings (Boushey n.p). Fundamental causes of Continue reading...

The financial crisis of 2008 has revealed that the banking sector is insecure in terms of financial market collapse. Many key financial institutions went bankrupt; others were financially supported by authorities. Some of notorious cases of bankruptcy have revealed severe violations of financial security measures from key market players. This encouraged the world governments to strengthen the measures of monetary and fiscal control. In the article “How money is made” Karl-Theodor zu Guttenberg and Richard Werner stress that the imperfection of the banking system has eventually lead to the crisis and its role in the economy has to be Continue reading...

The dialogue of Socrates with Thrasymachus in Republic, I, raises a very important issue of understanding justice and political ethics. The statement Thrasymachus brings forward is this: “I say that the just is nothing other than the advantage of the stronger.” In other words, Thrasymachus claims that justice is an action that benefits only those in power, the people who are stronger and more courageous than the ruled populace. First, Socrates wants to clarify what Thrasymachus means, because he finds the very statement defective in terms of consistency. He gives another statement as an example. If beef is advantageous Continue reading...