Word: friedmanism
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...poverty are not now told by those who have never known it that they have to accept less than they dreamed of. "We cannot deny people their aspirations" said Nandan Nilekani, co-chairman of Indian IT giant Infosys Technologies, in an interview by the New York Times's Thomas Friedman at the New York Public Library this week. Do so, and those denied aspirations will mutate into something much more dangerous...
Enter Nandan Nilekani, a co-founder of the global IT giant Infosys. Through his focus on global entrepreneurship (his globalization-friendly compadre Thomas Friedman of the New York Times credits Nilekani for inspiring his book The World is Flat and writes "Seattle has Bill ... Bangalore has Nandan"), Nilekani possesses a bird's-eye view of India's strengths and weaknesses. Though inclined to see information technology as a panacea for India's social ills (he admits he fears being deemed "the computer boy"), Nilekani is quick to caution that safeguarding India's growth requires far more than economic prowess. (Read...
...short-term boost in domestic demand, but it was a cataclysmic event for the global economy in the medium and long run: Countries soon became entangled in a protectionist race and subsequent trade war that caused American foreign trade (imports and exports) to almost halve. According to Milton Friedman, it created a perfect storm that turned a severe contraction into a depression of global proportions that only ended through world...
...titled ‘launch party,’ but the Harvard International Review did just that when it released its Winter 2009 issue last night at a soiree in CGIS cafe. Approximately 40 students gathered for the event, which doubled as a symposium, featuring economics professor Benjamin M. Friedman ’66 as the keynote speaker. Friedman touched on the current trend of corporate layoffs of foreign employees and fielded questions about protectionism, government intervention and China’s rapidly growing economy. “The current economic downturn is extremely threatening,” Friedman said...
...Woman of the Year Parade, which began a larger partnership between the two groups. Hasty Pudding’s members Christopher R. Schleicher ‘09 and David J. Smolinsky ‘11 were also present for the event, according to Pudding spokeswoman Talisa B. Friedman ’10. “We were absolutely thrilled to have Hasty Pudding’s participation in our press conference upon the arrival of the inaugural flight,” said Condon. The new flights come the same month as Southwest Airlines announced their intent to begin service...