Archive for March 2nd, 2008
Posted in March 2nd, 2008
Submitted by CARPE DIEM
DMITRI A. MEDVEDEV will be anointed president of Russia today thanks to the political handiwork of Vladimir V. Putin. But maybe the real winner is economic globalization.
From December 1999 to the end of 2007, a period overlapping the presidency of Mr. Putin, the value of Russia’s stock market increased from $60 […]
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Posted in March 2nd, 2008
Submitted by unsettling economics
Gamerman, Ellen. 2008. “What Makes Finnish Kids So Smart?” Wall Street Journal (29 February): p. W 1.
http://online.wsj.com/article_print/SB120425355065601997.html
The article seems to suggest a type of learning suggestive of the ideology of Mao’s China, where the best had the responsibility of helping the others.
“15-year-old Fanny Salo at Norssi gives a glimpse of the no-frills […]
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Posted in March 2nd, 2008
Submitted by EconWeekly
Spain is different. The slogan, which the tourism industry used in the 1950s to celebrate the country’s identity and culture, is nowadays something of a joke. Among Spaniards, the old line is an expression of self-deprecation, of a sentiment of quirkiness and inferiority, which constitutes a fundamental part of the Spanish ethos. When […]
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Posted in March 2nd, 2008
Submitted by Econbrowser
That’s the topic of a piece I wrote for today’s San Diego Union-Tribune (registration required).
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Posted in March 2nd, 2008
Submitted by CARPE DIEM
Visit 1800blogger to see all of our industry leading blogs.
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Posted in March 2nd, 2008
Submitted by CARPE DIEM
Henry Payne writing in National Review:
Senator Obama rarely drives himself anywhere, depending instead on a Secret Service-provided fleet of 15 mpg Chevy Suburban SUVs (pictured above).
But now that Chevy is compromising him on the issue of trade.
Campaigning in Ohio this week, Obama folded his standard anti-Detroit message into a larger, anti-NAFTA theme, […]
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Posted in March 2nd, 2008
Submitted by CARPE DIEM
From 4-Block World.
See related CD post here.
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Posted in March 2nd, 2008
Submitted by CARPE DIEM
From Forbes Magazine:
Forbes recently published some scary statistics on wage inflation in India. (See “Indian Employees Enjoying Swift Pay Hikes.”) Salaries rose 15.1% in 2007, up from 14.4% the previous year. The 2008 forecast: 15.2%. This would be the fifth consecutive year of salary growth above 10%.
Add to that the appreciation of […]
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Posted in March 2nd, 2008
Submitted by CARPE DIEM
Economist Julian Simon foresaw the falling natural resource prices, increased world oil supply, and decline in farmland prices. His view of population economics is unique and persuasive. In this 6-part series now available on YouTube, Julian Simon discusses resources, environment, population growth and his analytical methods. Watch Part 1 above.
(HT: Drew […]
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Posted in March 2nd, 2008
Submitted by CARPE DIEM
The charts above (click to enlarge) are from Cato Institute’s “Free Trade, Free Markets: Rating the Congress,” an interactive web site that allows users to examine how Congress and its individual members have voted on bills and amendments affecting the freedom of Americans to trade and invest in the global economy.
You can […]
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Posted in March 2nd, 2008
Submitted by CARPE DIEM
The ice is back.
Gilles Langis, a senior forecaster with the Canadian Ice Service in Ottawa, says the Arctic winter has been so severe the ice has not only recovered, it is actually 10 to 20 cm thicker in many places than at this time last year.
OK, so one winter does not a […]
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