Word: economice
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There's nothing like financial Armageddon for reviving the work of an old economist. Amid the recessionary doom and gloom, the world has channeled Adam Smith, dusted off John Maynard Keynes and revisited Eugene Fama. In recent days, it's been James Tobin's turn. Close to four decades since...
A U.S. Department of Culture could provide jobs to thousands of Americans. As it does in most other advanced democracies, it need not promote any specific artists, but rather serve as an economic engine and revitalize the national spirit broadly. The department could directly invest in arts education, museums, libraries...
Ebrard said that during this economic crisis, his main goal for the next year is to find financial resources to fund initiatives like Metrobús.
Why does the U.S. need to learn a little frugality? Because healthy savings rates, including government and business savings, are one of the surest indicators of a country's long-term financial health. High savings lead, over time, to increased investment, which in turn generates productivity gains, innovation and job...
That's what happens when you're the world's biggest creditor: you get to drop hints like that, which would be enough by themselves to create international economic havoc if they were ever leaked. (Every time any official in Beijing muses publicly about seeking an alternative to the U.S...