Pros and Cons of Keynesian Economics
A British economist known as John Maynard Keynes introduced Keynesian Economics. The word "Keynesian" is derived from the inventor of this economic model. Between 1883 and 1946, John Keynes wrote…
Pros and Cons of Carbon Tax
Government introduced a carbon tax on consumption of goods causing carbon emission. The tax aims to reduce the environmental problems the world is facing and encourage the use of environmentally…
Pros and cons of tariffs
Tariffs are taxes or penalties imposed on imports or exports in a country. They are taxes between sovereign states. Governments impose tariffs on goods and services to achieve various agendas…