Essays on Production Function

Introduction

In a landmark case, the judges concluded that for the success of a modern liberal nation, there must be a constitutional protection that ensures that the constitution promotes free expression “by establishing a marketable right to the use of one's expression, copyright supplies and the economic incentive to create and disseminate ideas”. Thus, by implication, copyright is supposed to be “an engine of free expression”. The purpose of this paper is to analyse the accuracy of the claim that copyright is an engine of free expression. The paper will critically assess the original position taken on copyright by the ...

Milestone I

Apple Inc. was founded on April 1, 1976, which makes it 40 years old. There is something to say about a company that has been around for that long; they must be doing something right. There were three different kinds of computers starting with the Apple I, Apple II and the Macintosh. The Apple I had a typewriter like keyboard with the ability to connect to the TV for the screen. These were all built by hand. The Apple II arrived in April, 1977 and with this came color graphics and a tape based machine. Then in 1984 Macintosh ...

The Solow Model

For long, the concept of economic change has been interesting economists. The reasons why some of the countries are poor while others are rich or even the understanding of why some nations grow faster than others has constantly disturbed the understanding of most economists. The theory of economic growth has been put upfront in explaining the growth indices of different nations. In its place, the theory of economic growth aims at explaining whether poor countries can grow faster than their rich counterparts, catch up with them and close their income gaps, that is converge. Elaborated by Trevor Swan and ...