Word: flowing
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...absence of sound internal economics rules and institutions to encourage investment, “there is very little correlation between [international] aid flow and economic outcomes,” he said. “If one wants to understand why some countries are more successful, the answer lies overwhelmingly in their own policy choices,” he added...
Summers said he would discuss the role of the International Monetary Fund, capital flow and political considerations in encouraging third-world growth in his speeches today and tomorrow. But he noted that industrialized nations must take a “tough-minded” approach to developing countries and realize that no “small changes in policy or magic bullets would make a huge difference...
...Depends on which consumption tax. Under the X tax--a consumption tax with graduated tax brackets--capital gains at the individual level just aren't there. At the individual level, you pay a tax on your wages and salary. That is it. In a full-fledged individual-level cash-flow tax, which I wrote about in a Treasury study, you pay tax on the whole proceeds. You sell the stock, pay the tax on everything...
...competitive start proved illusory. The Bulldogs dominated the flow of the game, retaining possession for the vast majority of the contest and consistently pressuring the Crimson. Aside from a few strong runs from its wingers, Harvard had difficulty stringing together passes and getting the ball out of its defensive...
...scientific form again and again to keep outsiders out and keep insiders privileged. This may or may not be the case with Stephen Jay Gould and company. The only way to tell is to honestly and fairly look at the evidence. Science prospers in political systems where the free flow of information and ideas is allowed. Don’t let The Crimson become part of the problem due to a naive view of human history and human nature...