Economic philosophies and policies become politically divisive issues because they pertain to deeply held values about the role of government in a society. Yet in spite of the vast chasm that disconnects economic conservatives from economic liberals, ultimately all persons share in common end goals that include quality of life improvements. The main difference between economic liberals and economic conservatives is, therefore, linked to how essential services and social services

Economic Policy and the National Debt Ironically, when governments overspend they typically find ways to refund or restructure debt -- when individuals or corporations within those countries do the same, the consequences are quite different. Money means more than one thing -- usually an object that is traded for payment of goods or services, of exchange. However, when we talk about the government, there is a huge different in the way

That was the year that significant changes were made in the Securities Act and the rules for bringing class action lawsuits were adjusted and modified. Because of those changes, it became more important from a litigation standpoint to ensure that conservatism was used in accounting valuation. Because there are empirical differences between the contracting and litigation perspectives, there have been many discussions regarding them in the past and that

Conservatism is simply a school of political thought that accepts tradition as a source of wisdom rather than ideology (Wikipedia). Conservatism can encompass social or values conservatism, fiscal conservatism, and even business conservatism. In today's America, conservatism is most closely associated with the Republican Party. Critics of conservatism note that the school of thought does little to prepare American policies for the rapid economic, social, and political changes brought about

When there is no obvious solution to a particular problem, the recommended course was to extend the Neoclassical paradigm by incorporating new concepts into it that would make the subject matter amenable to economic analysis" ("The Chicago School," 2006, the New School) Recessions are short-term pain that can cause long-term gain, provided people 'wait them out' and provided the government has a minimal role in the economy, except to

Another writer notes, "Conservatives, Wooldridge explained, have most of the new ideas for public policy, and the momentum. This does not necessarily translate into winning an election, he said, but it does mean that the conservative voice will be heard regardless of who is in office" (Haines). This again indicates that conservatism in America is much more than simple politics. It covers the spectrum from the economy to social