- Connecting the Dots of the American Financial System - A Homespun View By : Nancy Ayash
Remember those activity books for children? They were mostly coloring books with additional pages thrown in; mazes, word games, puzzles, and of course, follow the dots. I always liked the numbered dots, since at the end I could see a picture. Sometimes the image was totally different than what I expected. - Primary Stage of Socialism in China By : Mohd Rohaizad
At his Press conference, Wen Jiabao acknowledged the need for political reforms in order to tackle many of China’s problems. For example, he blamed corruption on "excessive concentration of power" and a "lack of effective checks and oversight", adding: "This makes it necessary to reform our system" by diffusion of power and enhancing public supervision of the government.There is also a need to change deep-rooted ways of thinking. Traditionally, government officials have considered themselves as superior to ordinary people. Wen showed a desire to change this concept by using the term "public servants". Government officials, he said, "should be good public servants and serve the people. They do not have any other power." Thousands of years of tradition will not be easy to overcome. But Wen suggests that the government is planning to lead the way. - The Euro Area's Data Difficulties By : Jennifer Burns
A lot of economists and people who are interested in EU development can't find the necessary data. Find out why! - Where Does The Money Come From By : Carl Peterson
The one question nobody asks, and the one driving force that defines the sad state of the world today. The fact is, nobody knows, apart from a very few. But there are a few things we do know. We know that the money supply has been increasing world-wide at around 7.5% per year, and that local governments do not create any of it. And we know that all new money is issued by the banking system as interest-bearing debt.This truly is a curious state of affairs whereby someone somewhere is creating all this new money out of thin air and selling it to us through the banks at high interest. - Trains And The Quality Of Life By : Daniel Chin
I would like to comment on a published article in The Straits Times bearing the same title as this post. The article seems to be conceived to pacify those who could be opposing more rail lines as they do not see the need of expensive rail lines. As much as I like to concur with the author that having more rail lines will improve quality of life, I would like to pose some questions in response to the otherwise simplistic argument put forth. - Why We Need A Replacement Rail Tunnel At The Detroit-Windsor Crossing By : Bill Muir
The current rail tunnel under the Detroit River is 100 years old and links southwest Detroit and southeast Ontario. It is owned and operated as an ongoing business by the Detroit River Tunnel Partnership (DRTP). - Canada is Fully Engaged on the Detroit-Windsor Border Crossing By : Bill Muir
Canada recognizes that the Detroit-Windsor border crossing is an essential economic link between the U.S. and Canada. More international trade crosses this border in one year than the United States does annually with Japan. - Geographic Shift in Plant Locations of U.S.-Canadian Automotive Industry By : Bill Muir
In a recent paper circulated by leading Canadian automotive analyst Dennis DesRosiers, he pointed out that transportation costs and uncertainty about long delays at the Detroit-Windsor border crossing were pushing automotive manufacturers and suppliers away from the region - a drain that's already clear in southwestern Ontario and southeastern Michigan. - DIBC Setbacks In Detroit And Windsor By : Bill Muir
Regulatory, legal and municipal actions affecting the Detroit International Bridge Company (DIBC) are summarized chronologically from news reports and official documents. - China 2007 - The Property Revolution By : Jose D Ramon
March 2007 is going to be taken as the turning point in China's Economy, to become a full member of the World Capital Club. After decades of public and comunitary property, the Chinese government legalized individual property in cities and industrial environments, which is great news for those who consider capitalism as the economic way to development and economic growth. - Short Essay on Comparative Advantage and Trade By : Richard Pettinger
The principle of free trade is based on the law of comparative advantage. The law of comparative advantage states that if countries specialise in producing what they have a relative advantage (lower opportunity cost) then there will be a net gain to society. This essay is an explanation of the difference between absolute and comparative advantage. - Ruined Rural Economy India - Crocodile Snuffles Part 8 By : S Kalpna Sharma
The article deals with various issues of rural economies and farming sector problems in rejuvinating them with a view to increase purchasing power and creates new markets. - Can We Afford To Ignore China By : Josh Garofalo
As the world scrambles to lock in resources for its people's future and security can we afford to ignore the developing world and its economies? - The Detroit River Tunnel Partnership By : Bill Muir
The Detroit River Tunnel Partnership (DRTP) is poised to build a new, high-capacity rail tunnel under the Detroit River to provide improved freight service between the United States and Canada. The DRTP is an equal partnership between Canadian Pacific Railway (CPR) and Borealis Infrastructure Trust. - The Importance Of The Detroit Windsor Jobs Tunnel By : Bill Muir
By region, Canadians do the most business within the Great Lakes region by nearly four times over the Midwest region - Ruined Rural Economy India - Forgotten Common Man - Part 7 By : S Kalpna Sharma
The article in series of Ruined Rural Economy further highlights as to how GOI is forgetting a common man at all. How brutally four farmers were killed on 14 March 2007 at Nandigram in Wesy Bengal is analyzed in the light of Special Economic Zone (SEZ) at the cost of human lives. - Walking and the Economy By : Phillip Bilzon
Walking can make money! Taking up walking not only means you reduce the amount you spend on fuel for the car, you can save even more money by giving up the car entirely. Walking makes money through the benefits it can bring to the economy of the areas in which you walk. - 5 Economic Tests for Joining the Euro By : Richard Pettinger
Before deciding whether the UK should join the Euro the Chancellor, Gordon Brown drew up 5 economic tests which the UK must pass for the UK to join. The main principle behind these 5 economic tests was whether the UK would cope with a common monetary policy. The 5 tests are in some ways superfluous. The main test being is really whether the UK has a degree of economic harmonisation with the rest of Europe. - You Would Think Living in an Oil Rich Country Should Make Energy Costs Cheaper for Their People? By : Arnold Nadler
I went to fill up my car a few days ago and saw that the cost per liter of gas at $101.9. For those of you who are not on the metric system, that would equal roughly $3.57 a gallon. In Canada, the province of Alberta is booming, not because they just have wonderful beef, but the oil industry is flourishing beyond belief. - Ruined Rural Economy Of India - Neglected Preferences Part 6 By : S Kalpna Sharma
The article revolve around the economic failure of Indian farmers and various factors which ruined farming sector are analyzed. It also suggest various steps to revive Indian and world agro sectors based on two theories of Som-Kalpna Spiraling Rural Economy Cycle (SKSREC) mode and Kalpna's Everlasting Economic Loop (KEEL). - Ruined Rural Economy India - Metal Or Stomach Part 5 By : S Kalpna Sharma
The article debates about the various pros and cons of last three anti-farmer budgets and its effect on common man. The various factors which ruined farming sector are analyzed. It discusses the need of debt economy for students, farmers and other common man. It suggests various measures to prevent further retardation of agro sector. - Worker Salary - In A Clothing Factory By : Steven Li
Ever wonder how much the workers are getting paid in a clothing factory? - Free Trade Agreement (FTA) Fair Enough? By : Mohd Rohaizad
This year is laced with an unusually large dose of irony. 2007 has been set up as a splendid celebration of half a century of nationhood and sovereignty, with Malaysia emerging as a successful, modern democracy that has succeeded in avoiding any encumbrances by over-dependence on other nations, especially those which wield considerable strategic strength.But it is also a year when this hard won independence is under jeopardy. Independence is not just freeing us from colonial masters. Independence is also about maintaining our sovereignty and being able to freely pursue policies without having to answer to another country.Simply put, independence must be safeguarded at all times so we can do what we want to do based on what we think is in our collective interests as Malaysians. - The Effects Of An Increase In The Value Of The Euro By : Richard Pettinger
Generally an appreciation is good news for EU consumers who buy from abroad. It is bad news for exporters who will find a decrease in their profit margins. An appreciation can help reduce inflation in the Eurozone but could also cause lower economic growth. - What Causes An Appreciation In The Exchange Rate By : Richard Pettinger
An appreciation in the Exchange rate can occur for various reasons. The most significant reasons include higher interest rates and lower inflation. An appreciation of the exchange rate can have a significant impact on a country's economic growth and inflation therefore it is important to understand what can cause an appreciation in the exchange rate. - Mobile Small Business Enterprises In The Urban Slums Of Nairobi Micro-loans & Economic Development By : Lance Winslow
Revitalizing an Urban Slum with 800,000 people in it, will not be easy and that is exactly what Kibera is in Nairobi, Kenya. The Nairobi city officials state that they are illegal settlements and they want them gone. But a plan has been floated by the Online Think Tank to tear down these urban slums in Nairobi and simultaneously build them back up and make them economically viable with small businesses. - Sub-Prime Lending Disaster Cometh By : Lance Winslow
In the late 1980s and early 1990s we had the junk bonds and the S & L Scandals and now we have a crisis in the sub-prime lending banking sub-sector. During the height of the real-estate bubble too many loans were being made to folks who had marginal or less than marginal credit. Loans were made well above the actual equity value. Now the equity in many folk's homes has dropped by 20 percent or more, where does that leave the lenders? - Social Security Bankruptcy on Every Citizen and Politician's Mind By : Lance Winslow
The Federal Reserve has made continual warnings about the collapse of Social Security and the President of the United States has also warned of the 2042 bankruptcy of social security. Obviously it is time for the rest of America to wake up. Many have and it seems any politician who talks about limiting social security will not get elected. This is a problem as they are afraid to address the issue. - Upgrading The US Will Not Be An Easy Task By : Lance Winslow
It is time for America, the greatest nation ever created in the history of mankind to upgrade the civilization we created. This will be a huge undertaking due to the massive size now with some 300 million people. In fact no one could say it will be easy, as nothing in life ever is. No one said that fixing the problems would be simple, but the concept of how it should work is simple. - A Sub-Prime Economy? By : Warren Graham
The author argues the likelihood of relaxed lending standards, a declining housing market, and loss of American economic leadership in the international arena leading to more difficult times ahead - Recession Looms For US Economy By : Richard Pettinger
Reasons why the American Economy may enter a Recession. Including falling House Prices, House Prices could have further to fall, Mortgage Lenders going Bust and large Current Account Deficit. - Ruined Rural Economy of India – Failed Responsibilities - Part 3 By : S Kalpna Sharma
The article deals with the real problem of present government and some politician nefarious design in destabilizing Indian rural economy at the best of World Bank and some western countries interest. The highly negligible act of present government in ruining Indian farmers all hope thus leading to suicide. - Paid To Passage Straits Of Malacca By : Mohd Rohaizad
Moreover, the amount to be paid is a mere drop in the ocean and won't threaten their bottom line. The stepped-up naval patrols and aerial surveillance by Malaysia, Indonesia and Singapore have been effective in reducing piracy, but these are expensive affairs and so are the buoys, lighthouses and other navigation aids, and the measures to clean up oil spills.Since the littoral states have taken purposeful measures to come to grips with the issues of safety, security and pollution, it is incumbent on the international maritime community to lend them a hand.It is time the shipping industry took on board the idea that it too should contribute financially to the upkeep of one of the world’s busiest sea lanes. - Is Mankind Outgrowing the Price System? By : Lance Winslow
Some people have noted, even economists that the Price System, that we use in human societies and civilizations is outdated and unworkable. They cite the disparity between rich and poor and all the poverty in the world. To a degree one would have to admit upon thinking about it, that it is not the most perfect system, as it often rewards certain types of behavior which undermines the whole (the rest of the population) for the betterment of a few? - Why Revitalizing Urban Slums of the World will Not Work! By : Lance Winslow
For those who get a chance in their lives to visit emerging nation's urban slums it is an experience that they never forget. Most everyone who visits them feels a great deal of empathy, even the most hardcore individuals. One cannot help but think something must be done, even take up the cause themselves to push awareness, motivate volunteers, influence political will or devout their lives to aiding the sick, weak and poor. - The Law That Rules By : Jeff Stats
The Law that Rules is the article written by Steven Rosen and posted in "kansascity dot com" on March 27, 2005. Steven Rosen once a month offers basic economic concepts that can be easily explained to kids, so they can form their vision of how the real-adult world works. - Economic Development After Initial Revitalization of Nairobi's Slum By : Lance Winslow
As the local Kibera Slum, Nairobi, Kenya's largest slum is re-vitalized as part of a herculean effort and creates its own wind and small business environment it will be time to push for strong economic development. Once economic plan is initiated it must be maintained. - Nairobi Slums Near Airport Critical - Dangerous Situation By : Lance Winslow
International Terrorist experts know that slums are breeding grounds for terrorists. Indeed they also are favored places for recruiting by "evil doers" and yet too often no one looks at the obvious. There is much talk of the slums in Nairobi, especially Kibera where even our own politicians go in order to get photo-ops. - Problems of Budget Deficits By : Richard Pettinger
A budget deficit occurs when Government spending is greater than tax revenues. For political reasons a budget deficit often occurs. Politicians never gain votes by raising taxes and cutting spending. With many major World economies facing a large budget deficit. It is worth considering the main economic disadvantages of Government borrowing. - What Causes a Current Account deficit By : Richard Pettinger
A current account deficit on the Balance of Payments means that the value of imports for goods and services is greater than the value of exports. The US currently has a very large current account deficit, roughly between 6-7% of GDP. This deficit threatens to cause a significant devaluation in the US dollar. This essay looks at the causes of a balance of payments deficit. - Different Types of Unemployment By : Richard Pettinger
Causes of Unemployment including frictional, structural, geographical and classical unemployment. Explanation of each type of unemployment - The Rise of Globalisation in the World Economy By : Richard Pettinger
Factors that explain the rise of Globalisation, including free trade, capital mobility and improvements in technology. - Supply Chain, A New Concept in India - A Success Story of the India Supply Chain Council By : Dr Suvrokamal Dutta
The Concept of Supply Chain in India is a new concept if not unofficially at least officially. India Supply Chain Council has been a pioneer in this here in India in popularizing the concept in India. The organization in its two years of existence has been very successful in its endeavor. What is supply chain all about and why is it so important in today’s global business activities. Supply Chain refers to the distribution channel of a product, from its sourcing, to its delivery to the end consumer (also known as the value chain). The supply chain is typically comprised of multiple companies who are increasingly coordinating activities via an extranet. - Which Country Will Be The Largest Economy In The World? By : Ryan Joseph
Find out what other counties may eventually challenge for the top economic spot. - Disadvantages of UK Joining the Euro By : Richard Pettinger
There are several disadvantages for the UK joining the Euro. Foremost amongst these is the loss of an independent Monetary policy. The UK economy is also doing well even though they are not in the Euro. - When Doctors Compete - You Win By : Tim Langley
Politicians love to talk about the rising cost of healthcare in. If the trend or rising prices doesn’t change, the implications for consumers and the economy could be devastating. While many government-imposed solutions are promoted every elections cycle, maybe it’s time to allow the free market to have a chance. - Why Folks Should Not Be Surprised of Big Stock Market Corrections By : Lance Winslow
The huge market correction on February 27, 2007 should not come as any surprise to investors. If we look back at the events that led up to this market correction we see all kinds of overregulation from government regulatory bodies. The Starbase Oxley act stifled and our economy and the added cost to our corporations who were then unable to compete with foreign companies. - Ruined Rural Economy - India Have We Part 2 By : S Kalpna Sharma
The article deals in depth the effect of the metal industry over agro due to neglected priority of GOI and subsequent lapses in taking care of farming sector and villages. - Ruined Rural Economy - India Had We Part -1 By : S Kalpna Sharma
The article deal with detailed analysis of Indian economy and its effect on farmers. How badly new liberal policies have ruined Indian agro sector is discussed. Hope people of India will find benefited to discuss the issues affecting their economy. - Are the Civilizations of North America Moving Towards a Knowledge Base Economy? By : Lance Winslow
Many economists, capitalists and government agency experts are watching manufacturing industries dwindle as they are unable to compete in world markets. It is therefore theorized by academics, policy makers and many economists that we must reposition ourselves and prepare for a knowledge based economy. - Transportation and Economics in the United States By : Lance Winslow
Billions if not Trillions of dollars of productivity are lost each year in our nation due to over stressed road ways. As citizens, trucking companies and government workers sit in traffic everyone loses whether it is the tax payer, consumer, employee or transportation company. Worse off we all pay by breathing in the increased CO2 that occurs due to idling cars putting out excess fumes. - The Wave of Changing Demographics and the Need for an Intellectual Capital Insurance Policy By : Lance Winslow
As populations age there will be fewer people providing the productivity and more people on the public receiving side of things. This poses a problem for many nations including the United States. Recently, our Online Think Tank considered this and a member William Sheridan mentioned the need for an Intellectual Capital Insurance Policy for Canada and the US. - Rural Ruined Economy of India - No Magic Stick Part 4 By : S Kalpna Sharma
My dear esteem ezine readers with new theme and analysis I am with you to debate on ruining effect of Indian rural economy. The article high lights various effect of last three budgets of India on a common man. It gives out various factors for such actions and analysis of metal versus grains preference of Indian planners. - Malaysian Gasoline Subsidies Are Unwarranted By : Ming Keong Lee
Over the past two years, the Malaysian government has been cutting its subsidies of gasoline, causing much uproar amongst the public. However, these subsidies are a distortion of the market, and ending them is a wise thing to do. - The US Social Security System - Analysis & Commentary By : Johnny Fuery
Social Security is a social insurance program. The United States Social Security program provides benefits for retirement, disability, and death. There has been a great deal of public discussion recently, largely spawned from President Bush's 2005 State of the Union address, when he said that "on its current path, [Social Security] is headed toward bankruptcy… by 2042 the entire system would be exhausted and bankrupt" (C-SPAN, 2005). This essay examines that statement from an economic perspective and analyzes some of the highly publicized proposed solutions. While historical aspects of the program will be mentioned peripherally, "Social Security" within this context refers to only the defined-benefit pension plan, with a specific focus on the retirement benefits. - GM-Chrysler Merger Would Hurt State Budget By : Anthony Fontanelle
Auto industry is bombarded with plant closures, job cuts and vanishing confidences. And with the potential GM-Chrysler merger, it is expected that the financial system of the entire state, not only the industry, would be greatly hurt. - Low Inflation in the UK By : Richard Pettinger
Since the Bank of England was given independence in 1997 UK inflation has been close to the government’s target of 2% +/-1. This is a remarkable improvement for the UK economy. Previously the UK economy suffered from consistently high inflation. Eg in 1979 inflation reached 25%. In 1992 inflation reached 11%. Reasons for low inflation are a matter of debate. The question is how long will this continue? - Workers in Developed Countries are Not Creating Wealth By : J. Watananbe
The vast majority of people in emerging economies work hard and honestly and they try to get something out of their hard work. It is a bit of exaggeration to say that most people in developed countries do not work hard or honestly, but too many people work in such ways that they do not exactly contribute to the development of their economies. - Deflation And Its Effects On The Economy By : Michael Chan
Deflation means the value of your money increases over time, as opposed to inflation. Why is that bad for the economy? Read on - and put on your thinking caps! - The Concept of Value By : Michael Chan
Does insurance really bring value to the person buying it? Read on - it's time to do some thinking! - Why the Penny Should be Retired By : Michael Chan
Do you know it costs MORE to make a penny, than the value of the penny itself? If you have been provoked to think, do something about it! - Economics and CEO Type Leaders in Government; Some Thoughts By : Lance Winslow
Currently we have an MBA President and our economy is cooking along find, actually better than anyone could ever expect. Should we continue to have MBA Presidents? How about CEO Type Leaders in Government, many believe we should, even as they also say that government is not a for profit business. - Economics and Liberalism, it Works in Other Nations; Why Not in the United States? By : Lance Winslow
Many people say that liberalism works in other nations. But first we need to ask what liberalism really is, we need to define it. Liberalism from our founding father days is not the type of liberalism we see today. The modern liberal movement in the United States is much close to socialism. And the Liberalism we see in other nations as an example really is Socialism. - China and India on the Rise; US Lagging in Innovation By : Lance Winslow
Many have said that the issues with China and India taking the world by storm and attracting its manufacturing base is not a problem. Why? Well because they say nations like the US will move from manufacturing to service sector and into technology, designing a knowledge based workforce. That is to say; we design it and they will make it. - The Future Super Power Struggle for World Domination By : Lance Winslow
In the future both China and India with each well over one-billion in population will be vying for the top status as the great World Economic Power Houses. The United States currently has a comfortable lead with with over 3.3 times the wealth of the next closest nation in GDP. But this will change and we already see China passing Germany in the number five position. - The Circular Flows of Economic Might By : Lance Winslow
An entrepreneur is asked would he go work in China for an extremely large company there? This is an interesting question as so many recruiters are looking for folks to go to China who speak English and understand how to run a large company and have management skills. The entrepreneur thought about the incredible offer, benefits and pay and then stated; - Can America Afford Free Health Care? By : Lance Winslow
Many folks in the United States want the government to provide health care universally to all citizens and they expect the World Organizations to do this for the third world nations as well. Unfortunately, this is a huge cost and probably currently out of the realm of reality. - Super Bowl Bets Beat Many Nations Gross Domestic Product By : Lance Winslow
The figures are finally in for the amount of betting that occurred during the Super Bowl. The 41st Super Bowl had more betting than the gross national domestic product of the bottom 100 nations. Are we at the height of decadence as the Romans were at the height of their civilization? Does that mean we are at the top of the Bell Curve and ready to go down and decline as a nation. One would hope not and yet those are the facts. - Are Government Regulators Protecting the Public, Free Markets and Corporations? By : Lance Winslow
We all know we why we have Government Regulators to watch over our businesses; to prevent runaway capitalism they say. And yet who is running away. If markets were totally free then obviously if one or more companies started to run away and price gouge some other company would come in and take their place and offer those products or services at a lower price. - Globalization? It's All about Taxes And Taxes Are All about Theft By : Carl Peterson
Globalization is not what you think. It's not about free trade, open borders, free flow of capital, greater opportunity, or social equity. It's all about theft. And you are the victim. Have you noticed that all the things you need and want have become more and more expensive? Have you noticed that business has become more and more competitive? Have you noticed that you need to run faster and faster to simply stay in the same place? This has all come about by a cunning plan by a favored few to part you from your wealth and your freedoms, and put you to work for them as a virtual debt slave. - Economics By : Jeff Stats
Fiscal Policy is the economic term that illustrates governments' behavior in raising funds in order to be able to finance governments' spending. Money can be raised by taxes, borrowing, or by user fees on social services. - A Thought I Leave With You Today on Free Markets Drifting Away By : Lance Winslow
We need free-markets and we must remember the words of Adam Smith. And too that point I wish to add; Free Markets should allow winners to succeed and losers to fail, not prop up those who fail to innovate and adapt and curtail those with the innovations. Some modern day liberals say that they are leveling the playing field, yet pass legislation for raising minimum wage and regulation to create price controls. - Liberal Professor Debates Think Tank Debate Champion and Entrepreneur By : Lance Winslow
And so the liberal academic rose from his seat to say: "The government of the people must only interfere or create regulation if imbalance exists and a level playing field is needed." - Is China Kissing Up to the Middle East? By : Lance Winslow
Not long ago I got involved in reading the liberal skewed Foreign Affairs Magazine and talking to some serious minded knowledge based thinkers who study the Middle East. Over time our discussion and dialogues became more in depth and we noted that China is very hungry for resources. - Is There Such Thing as a Free Market Economy? By : Lance Winslow
Many people discuss the importance of a free market economy and site numerous examples of how economies work best when they have less regulation. This is all well and good but one has to ask; Is There Such Thing as a Free Market Economy? That is to say does such a free-market economy actually exist and if so where or where could she be? - Changing Daily Life By : Kate Gardens
Necessities, comforts and luxuries in our lives depend significantly on the time duration. - Easy Money – State of the 2007 Economy By : Georg E
How long will the good times last? The economy is still on a roll but don’t take it for granted. - Fairtrade Fortnight Special: Shopping For a Better World Part 2 By : Ethicalll Mann
There are three different kinds of company - the alternative, the altruistic and the renegades. The interaction and relative commercial success of these different types of company are at the heart of the battle for the future market. - Are You Ready For The Next Global Depression By : Thomas Worsley
Oil and gas is fueling our economy and the world. Oil and gas is fueling our global warming woes. We need to make a choice now. Our climate, or our economy. - Essential Oils – Alternatives to Afghanistan's Opium Poppy By : Alix Williams
Essential oils and spices – alternatives to opium poppy cultivation in Afghanistan?According to a recent press release by the UN Food and Agriculture Organization, Afghanistan is currently the world's largest producer of opium, the raw ingredient for heroin. - Race and Social Class By : Kathy Henry
In American society, issues of race and social class are entwined together like a chain of DNA. One cannot have an honest discussion about race without looking at the equally important issue of class since the two are closely linked. - The Land of Unequal Opportunity - Poverty in America By : Kathy Henry
In the United States, disparities between rich and poor have risen sharply. Low-income individuals are increasingly unlikely to escape from their economic position of poverty. - Afraid of Losing Your Job to China; You Are Not Alone By : Lance Winslow
Many people in the Auto Industry, Textiles and Manufacturing are worried about losing their jobs, if they have not already to China. Obviously if a manufacturer here has to pay $18 per hour plus benefits for a factory worker then they cannot compete with $1.50 per day in China, there is just no way. Are you afraid of Losing your Job to China; you are not alone and folks in Ohio, Michigan, Kentucky, Indiana and Illinois are really worried. - Necessities, Comforts And Luxuries: Differences And Changes Over Time By : Kate Gardens
Contrary to what many may believe, necessities, comforts, and luxuries are not the same. Necessities are needs, whereas comforts and luxuries are wants. What we need is not necessarily the same as what we may want and visa versa. - The Bank and Your Divine Rights By : Nancy Ayash
You have a Divine right to be Free; free from all debt. This includes mortgages, school loans, taxes, foreign debt, local, state, and federal debt. I realize that as you read this it sounds quite radical, but this is due to the fact that your have lived most of your life conditioned to accept debt as part of your existence. In fact, your self worth is now tied to a "debt score" or "credit rating". In other words, you are owned by the bank. - A Look At South African Poverty! By : Sarah H
South Africa can boast of a mixture of several races and cultures due to its historical background. Several different population groups with different languages, cultural backgrounds and origins all reside in South Africa. If one were to measure human development by established standards such as life expectancy, infant mortality and adult illiteracy, South Africa would compare unfavorably with many other middle-income countries of the world. - Heckscher-Ohlin model By : Aaron Schwartz
The Heckscher-Ohlin model was primary worked out by two Swedish economists: Eli Heckscher and Bertil Ohlin who was Heckscher’s student in the 1920s. - Why Unemployment Has Fallen in UK Economy By : Richard Pettinger
Why Unemployment has fallen in the UK in the past 13 years. Looking at both demand and supply side factors and the role if any played by the UK goverment - Global Warming Propaganda Tactics Obvious Now By : Lance Winslow
I saw a survey the other day that said that 90% of the people believe that global warming is real. It was then stated that, obviously it is real. This is utterly ridiculous and it is like saying that just because everyone in Islam believes that Allah is God it must be real? The logic in critical thinking skills are totally out the window and the mindless masses due to the mass media hysteria are buying this hook, line and sinker. - Global Warming Means No More Oil From Middle East Needed By : Lance Winslow
Global warming means that the United States can no longer burn oil, fuel or gasoline that comes from other Middle Eastern countries. We are going to stop buying them altogether and these countries will economically collapse forever and be reduced to roaming nomads in the hot deserts as they run out of water and a scorched earth will not produce any agriculture. - CHINDIA: The Economic Juggernaut By : Sanketh Adiga
The year gone by was what trade analysts appropriately term 'Year of Acquisitions' as many Indian Companies made successful bids for acquiring the business operations of it's rivals. The India-born Laxmi Nivas Mittal of Mittal Steels set the tone for others to follow suit (Ahem! Skirt if that pleases you!) with his acquisition of Luxembourg based Arcelor. This trend shows no signs of abating this year too, as the bidding hots up for Corus with Indian Conglomerate, Tata throwing it's hat in the ring. The scene back home too was equally refulgent with IT and BPO sector holding sway. Making the world sit up and take notice of a country which was once deemed to be "The Land of Eternal Cow dung," "The land of Snake Charmers" and so on. I'd run out of pages if I keep writing about their perceptions of India. - Now The World Needs to Learn to Compete and Cooperate By : Lance Winslow
Recently the very wise Henry Kissinger outlined the past history of WW I and the Cold War and then philosophized on what needs to be done with regards to the coming together of Eastern and Western Culture. Although I am sure not many people picked it up in his interview, the message he summarized in one sentence towards the end was clear and it is correct; - The Function of the Bank of England By : Richard Pettinger
The Bank of England performs several tasks in the UK economy.Including the sole issuer of notes and coins and setting interest rates in the economy. - Increasing Economic Growth Benefits and Costs By : Richard Pettinger
In the UK the average growth rate has been about 2.5% since 1945. Governments often try to increase the growth rate because it will have various advantages. However at the same time increasing the rate of economic growth can have severe economic and environmental costs - Transport 21-Infrastructure Development in Ireland By : Ronan Menton
Transport 21 is an ambitious development plan aimed at improving national infrastructure in Ireland. The plan was launched by Minister for Transport, Martin Cullen, in 2005 and will be completed by 2015 - Micro Economics-Intellectual Property and US-Chinese Relations Considered By : Lance Winslow
How can some cities compete in World Markets when they price themselves out of the market due to local microeconomics, which drive costs sky-high? Take for instance Silicon Valley and the costs to do business there and the World Market they compete in to sell their software and technology. - Microeconomics: The Choices We Make By : Patricia Coleman
Microeconomics is part of almost everything in our daily lives. It focuses on the individual parts that make up a market for individual goods and services and the sub-elements of those markets, such as the consumers for individual products and the individual companies that produce, manage or transport those products; and how these elements affect and are affected by the market. It determines where we live, the food we eat, our place of employment, education, and our recreation choices. - Milton Friedman and Plato; Can We Really Compare? By : Lance Winslow
Not long ago our Online Think Tank had considered the perfect Utopia and all the philosophical debates from Plato's Republic and Atlantis to Thomas Jefferson to Milton Friedman. In fact we took a gander studying many civilizations such as the Byzantine Empire, Aztec Civilization, Greeks, Romans, Chinese Dynasties and well you get the idea. We study economies, trade routes, slavery, colonization, Dictatorships, Communism, Feudalism, Socialism and present period first world nations. - Addressing Educational and Safety Needs through Direct Intervention By : Jennifer Burns
Quality of services provided in the child care sector is far from perfect. Guess what the solution to the problem is - Owners Of American Dream By : Sharon White
When Thomas Jefferson began work building Monticello in 1768 he not only laid the foundations for his elegant home, but instigated the idea of home ownership as the basis for happiness into the minds of the American public.
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