Word: governmentalize
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In the wake of a controversial court ruling, extremists in Muslim-majority Malaysia vandalized nine churches, using firebombs and paint. The Malaysian high court's decision held that a Catholic newspaper should be allowed to refer to God by the Arabic Allah. Previously, the government had banned the use of...
We are living in difficult financial times. Open up your average newspaper and stories of layoffs, stocks rising and falling, and the Federal Reserve’s latest attempts to rescue the economy abound. Most Americans are antsy. A lack of financial literacy has only exacerbated this mood. Until the...
The government should resolve to educate the American public about the fundamental idea of economics: the idea of having unlimited wants but scarce resources. To be fair, the government established a Financial Literacy and Education Commission in 2003 and the treasury established its Office of Financial Education in 2002. But...
5. Government 40: “International Conflict and Cooperation"
Then late last year, the spat escalated when Russia decided that Belarus no longer deserved its energy subsidies. When the two countries' existing oil contract expired on Dec. 31, Russia demanded additional payments of a whopping $2.5 billion, which amounts to about 5% of Belarus' entire economy. The Russian government...