Intelligent Economist Economic Theory & News 2017-01-18T14:57:37Z https://www.intelligenteconomist.com/feed/atom/ WordPress Prateek Agarwal <![CDATA[The Complete Guide to Medicare]]> http://www.intelligenteconomist.com/?p=5911 2016-10-13T18:32:48Z 2016-10-10T16:00:45Z Medicare is one of the most important payers in the U.S. health care system. It is health insurance for the elderly and has four parts – A, B, C & D. Traditional Medicare (Part A & B) During the Great Depression, hospitals began noticing that people couldn’t afford the care as treatments were becoming more...

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Prateek Agarwal <![CDATA[The Complete Guide to The Affordable Care Act]]> http://www.intelligenteconomist.com/?p=4500 2016-10-13T18:34:13Z 2016-10-01T16:00:19Z The Affordable Care Act was the one of the most important pieces of healthcare policy in decades. Despite all the controversy, the law was passed. In the post, we will go over the specifics of the law and its impact on the American healthcare system. Timeline of the Affordable Care Act 2005 The American Medical Association,...

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Prateek Agarwal <![CDATA[Timeline of Healthcare Reform in the USA]]> http://www.intelligenteconomist.com/?p=4473 2016-10-06T18:23:02Z 2016-09-10T16:00:56Z Healthcare reform has made a long journey since Roosevelt’s failed attempt to provide healthcare for all citizens back in 1912. In this post, we recap the major milestones of healthcare reform in the USA. Timeline of Healthcare Reform in the USA 1912 Theodore Roosevelt campaigned for health care for all but failed to get elected...

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Prateek Agarwal <![CDATA[The 25 Best Economics Podcasts Of 2016]]> https://www.intelligenteconomist.com/?p=8097 2016-09-08T14:25:29Z 2016-09-06T16:00:43Z The post The 25 Best Economics Podcasts Of 2016 appeared first on Intelligent Economist.

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Prateek Agarwal <![CDATA[Introduction to the US Healthcare System]]> http://www.intelligenteconomist.com/?p=4433 2016-10-04T02:25:33Z 2016-07-19T16:00:35Z ealthcare is a complicated topic. Policies are often difficult to implement and there are many stakeholders to consider. Recently, the U.S. saw the passage of the historic Affordable Care Act (ACA) which was the most significant piece of health policy legislation in fifty years. To understand the impact of the Affordable Care Act, we must first understand the...

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Prateek Agarwal <![CDATA[Theory of Storage]]> http://www.intelligenteconomist.com/?p=4179 2016-08-23T06:59:48Z 2016-07-17T16:00:51Z he Theory of Storage describes features observed in commodity markets. Here are some basic terminology that needs to be understood to understand the Theory of Storage. Commodity Market A commodity market is a market that trades in primary goods rather than manufactured products. Soft commodities are agricultural products such as wheat, coffee, cocoa and sugar....

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Prateek Agarwal <![CDATA[Global Labor Arbitrage]]> http://www.intelligenteconomist.com/?p=3842 2016-08-19T04:57:24Z 2016-07-15T16:00:34Z lobal labor arbitrage is where, as a result of the removal or reduction of barriers to international trade, jobs move to nations where labor and the cost of doing business (such as environmental regulations) is inexpensive and/or impoverished labor moves to nations with higher paying jobs. Two common barriers to international trade are tariffs (politically imposed)...

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Prateek Agarwal <![CDATA[The Non-Availability Approach]]> http://www.intelligenteconomist.com/?p=3692 2016-08-16T03:29:54Z 2016-07-13T16:00:57Z he Non-Availability Approach explains why a country imports the goods that are not available at home. It was conceptualized by Irving Kravis. There are two kinds of unavailability – absolute and relative.   Absolute Unavailability The presence or absence of natural resources could easily be fitted into the Heckscher-Ohlin model. The Heckscher-Ohlin model stresses the differences in relative...

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Prateek Agarwal <![CDATA[The Juglar Cycle]]> http://www.intelligenteconomist.com/?p=3412 2016-08-12T05:13:50Z 2016-07-11T16:00:47Z he Juglar cycle is a fixed investment cycle of seven to eleven years identified in 1862 by Clement Juglar. He observed changes of investments in fixed capital that was not just correlated with the level of employment of the fixed capital. A 2010 research study employing spectral analysis confirmed the presence of Juglar Cycles in world GDP dynamics. The so-called Juglar cycle has often...

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Prateek Agarwal <![CDATA[Bimetallism]]> http://www.intelligenteconomist.com/?p=3260 2016-08-09T03:51:45Z 2016-07-09T16:00:22Z imetallism is a monetary standard in which the value of the monetary unit is defined as equivalent both to a certain quantity of gold and to a certain quantity of silver; such a system establishes a fixed rate of exchange between the two metals. Characteristics of Bimetallism Both gold and silver money are legal tender in unlimited amounts. Highly popular use of currency...

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