Mark Cuthbertson | Law & Economics

Welcome to Councilman Mark Cuthbertson's Economics Site

Author: Mark Cuthbertson (Page 1 of 2)

Personal finance tips: 2017-2018

Personal finance encapsulates a long list of sub-skills and habits aimed at smarter and more efficient money management. These practices have always been regarded as healthy en route to a generally better quality of life, but they are arguably now more important than ever in face of progressive new societal standards and norms — especially […]

Budgeting advice for new homeowners

  Buying a new home can be equal parts exciting and terrifying, depending on your unique situation. With regards to the latter, budgeting for your new home typically stands as one of the most stressful aspects of new homeownership. You may find yourself faced with a whole new list of expenses and other financial considerations […]

Social media’s relationship with economics

  Social media and economics may seem like totally different worlds on the surface, but they share one important characteristic: they are ever-changing in their impact on a society. Regardless of the system in question, a state’s economic infrastructure is layered in its relevance and ability to keep that state functional, and now, social media […]

Four economic systems: mixed economics

Most successful, thriving societies hinge on the presence of a functional economic system. Economics allow these societies to study and manage various social and financial variables, ultimately resulting in a better understanding of their overall productivity and stability. Here, I take a look at one of the four main economic systems: mixed economics. Mixed economics […]

Four economic systems: command economics

Most successful, thriving societies hinge on the presence of a functional economic system. Economics allow these societies to study and manage various social and financial variables, ultimately resulting in a better understanding of their overall productivity and stability. Here, I take a look at one of the four main economic systems: command economics. Command economics […]

The Four Economic Systems: Market Economics

  There are four main types of economic systems in the world: Traditional, command, market, and mixed.  Each one of these offers its own unique set of pros and cons, sub-economies and tendencies, and plenty more. Earlier, I took a look at traditional economics, but here I’ll be discussing yet another: market economics.   Market […]

The four economic systems: traditional economics

Most successful, thriving societies hinge on the presence of a functional economic system. Economics allow these societies to study and manage various social and financial variables, ultimately resulting in a better understanding of their overall productivity and stability. Here, I take a look at one of the four main economic systems: traditional economics. Traditional economics […]

The worst economic crises of all time

Economic and financial stability are crucial focal points for any successful society, but constant nuances and fluctuations can occasionally make these variables hard to manage, which in turn can lead to times of crisis. Unfortunately, there are have been several significant economic crises that have occurred throughout history all over the world. Below are a […]

The best economics apps in 2017

Whether you are dedicated economics student or a seasoned stock market player, modern technology — namely the smartphone revolution — has made the economics world a more efficient and easy-to-access environment for millions of people nationwide. There are a variety of mobile apps that have simplified some of the most confusing or difficult aspects of […]

Social factors that affect economic development

Here are a few major social factors that tend to affect economic development.

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