A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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I got a chuckle from this article in the Economist: (Link)
For several years I have been pushing against all of the voices saying that it was essential that financial derivatives be banned or that their use be dramatically curtailed.
It isn’t tha...
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U.S. Manufacturing Competitiveness in Global Trade
Posted: 12/28/11 08:37 AM ET
Those of us ensconced in debates in support of U.S. manufacturing often hear opponents claiming that the over-regulated U.S. labor market and unionized heavy industry ren...
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As things get worse for the European banks ahead of the Sept. 7 German constiitutional court ruling on the EFSF http://www.zerohedge.com/news/more-bad-news-euro-banks-socgen-intesa-and-unicredit-
kicked-out-stoxx-50-index?utm_source=feedburner&utm_medi...
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Nov 24, 2010
PAY, PROFIT AND GROWTH, Part 1
Stagnant wages feeding overcapacity
By Henry C K Liu
This is the first article in a series.
In the economics of development, there is an iron-clad rule that "income is all". The rule states that the eff...
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