Word: free-market
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Some people buy time-shares in condos, others in canines. Yes, pet sharing--once the province solely of divorced couples--is giving free-market forces a scratch behind the ears. The nation's first rent-a-pup store opened its doors six months ago in San Diego when FlexPetz started rescuing dogs from animal shelters and renting them out for as little as a few hours or as long as a week. The company is doing so well it opened a branch in Los Angeles in June, and will be in San Francisco and New York City by September...
...radical politician than her husband. President Kirchner, on the other hand, is a mild and soft-spoken operator who rescued Argentina from the agonizing economic crisis that followed the country's default on its foreign debt in late 2001. Assuming office in 2003, President Kirchner broke with traditional free-market economic recipes, settled the country's debt with the International Monetary Fund and ushered in a recovery that has kept his popularity rating at an unusually high level - at more than 50% in many recent polls. In the meantime, he has pursued a vigorous human rights policy, reopening trials against...
...next step in the development of capitalism. What offends conservatives about carbon credits is not some green absurdity but the very core of our economic system: the free exchange of goods and services, a.k.a. the deal. If a deal is voluntary, then by definition it leaves both parties to it better off. Otherwise they wouldn't do it. Put all these deals together and--with a few exceptions--you have free-market capitalism and prosperity. The genius of carbon credits is that it opens up a whole new inventory of things that people can buy and sell. And there...
...Multinational bankers are upbeat about their prospects because there is plenty of low-hanging fruit in this woefully underdeveloped market. Vietnam, which is modernizing parts of its communist economy through China-style free-market reforms, has no credit bureau and only a rudimentary system of deposit insurance. Consumer lending is nearly nonexistent. Banking has been dominated by five state-owned institutions-including the largest, the Agriculture and Rural Development Bank (Agribank)-which traditionally focused on financing large, government-owned factories and other enterprises. The country's burgeoning private businesses were virtually ignored. Because of these factors, "You have a pent...
...tends to meander from one talking point to the next, in a way that certainly isn't formal but isn't quite conversational either. Even these talking points seem improvised. I recently heard him address a big meeting of conservatives in Washington at which he chose to emphasize free-market competition to improve public schools. But when I asked him three days later to list his campaign priorities, education didn't make his top five...