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Mark Lorenzo

added blog Financial Services
2023-05-10 18:45:31 -

Investing in human capital
Key points Almost universally, economists agree that it is a good individual decision to invest time and money into education. Society also benefits from education—better health outcomes for the population; lower levels of crime; a cleaner environment; and a more stable, democratic government are positive externalities of investment in education. Private rates of...

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Leonard Pokrovski

added blog Economics
2026-02-12 22:13:08 -

Can Capitalism Exist with Social Welfare Programs?
Can Capitalism Exist with Social Welfare Programs? Capitalism and social welfare are often portrayed as opposing economic forces. Capitalism emphasizes private ownership, free markets, and profit motives, while social welfare programs aim to reduce inequality, provide safety nets, and support public well-being. At first glance, these two systems may appear incompatible. How can a system that...

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Leonard Pokrovski

added blog Economics
2026-01-28 19:46:30 -

What Is Economic Growth?
What Is Economic Growth?GDP Growth, Development, and Productivity Economic growth is one of the most widely discussed concepts in economics because it is closely linked to living standards, employment, and a country’s overall prosperity. Governments, businesses, and citizens often judge economic success by how fast an economy is growing. However, economic growth is more than just a...

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