Outsourcing Jobs Hurts The U.S. Economy Outsourcing is a recent phenomenon in American history. Within the last several years, untold numbers of American jobs have been outsourced to various countries around the world. The enormous impact of job outsourcing is rarely debated, and often not even discussed. This issue itself often sparks extreme controversy, and the arguments [...]

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Galileo Galilei: The Father Of Astronomy Galileo Galilei (1564-1642) is a very prominent name that you may of heard of in Science class. Galileo is most memorable in the field of astronomy, although he did play other roles in science. He played a major role in the Science Revolution. Galileo’s major achievements include: improving the [...]

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The Man That Started The Science Revolution It was Nicolaus Copernicus  (19 February 1473 – 24 May 1543) that challenged the intellectuals of the day. Copernicus started the Scientific Revolution, when he formed the heliocentric hypothesis. The universities taught that, the universe as they knew it, was centered around the earth. Of course, now we know that [...]

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Europeans May Have An Alternative To Gazprom Vladimir Putin and his state-owned Gazprom have tried to monopolize the energy game, and Europeans were left out in the cold literally. For the past several years, Europeans have been stuck in the middle of a so called dispute between Russia and Ukraine. At least 10 countries were [...]

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World’s Greatest Oil Reserves By Country Greatest Oil Reserves (2006) – Billion Barrels 1. Saudia Arabia – 264.3 2. Canada – 178.8 3. Iran – 132.5 4. Iraq – 115.0 5. Kuwait – 101.5 6. United Arab Emirates – 97.8 7. Venezuela – 79.7 8. Russia – 60.0 9. Libya – 39.1 10. Nigeria – [...]

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Identifying Business Cycles Of The Past Are we heading for a depression, or are we already in a depression? What really is the difference between a hard recession and a depression? Even though there may not be precise business cycles, are there business or economic cycles? Government intervention may not be able to stop downturns [...]

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