Transaction Cost: Meaning, Examples and Two Solutions
October 9, 2013
The resolution of unfair distribution of wealth entails cost. This situation is referred to as transaction cost. This article explores...
Read more
Politics of Resource Allocation: The Case of the Pork Barrel Funds
September 27, 2013
What is resource allocation? How is it practiced? What are suggested solutions to ensure fair distribution of wealth? Here’s an...
Read more
Facts About Small Animals in the Intertidal Zone
September 23, 2013
Have you been to an intertidal zone? If you look closely in pools of water that remained as the tide...
Read more
The Relationship Between Bribery and the Environment: 4 Impacts
September 12, 2013
Bribery can lead to environmental degradation. What are the pieces of evidence? Are there solutions to this age-old corrupt practice?...
Read more
List of Negative and Positive Externalities of Oil Spill
August 30, 2013
Many people view oil spills as grossly disadvantageous to everyone. In reality, there are benefits gained by some sectors from...
Read more
