Posts Tagged ‘economic growth’

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    Good and Bad Capitalism

    Feb 22, 11 • 320 Views • No Comments

    If you are trying to figure out the economics of the Middle East, I recommend starting with Good Capitalism, Bad Capitalism. One of the book’s 4 different kinds of capitalism, oligarchic capitalism, provides a good “slot” for grouping most...  [read more]

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    The Right Stuff

    Feb 10, 11 • 264 Views • No Comments

    Giving a grade of “One Pinocchio,” the Washington Post assessed the accuracy of President Obama’s February 7, 2011 speech to the U.S. Chamber of Commerce. Most interesting, though, were the topics on which he focused. Yes, President Obama...  [read more]

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    Mothers and Human Capital

    Jan 10, 11 • 240 Views • No Comments

    In The Wall Street Journal, a Chinese mother discusses her rules for her children which include: 1) only A’s, 2) no play dates, 3) no parts in school plays, 4) no TV,  5) no sleepovers, 6) play the piano or violin for several hours daily....  [read more]

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    Productivity Matters

    Jan 3, 11 • 280 Views • No Comments

    Sometimes new technology increases productivity. “Sushi making robots” at Kura, a restaurant chain in Japan, have replaced chefs while conveyer belts take the food to diners. By using less labor and more capital, in a tough economy, the firm is...  [read more]

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    Education Matters

    Dec 21, 10 • 315 Views • No Comments

    The NY Times tells us that students who graduate from “elite” colleges could be more likely than those at less elite schools to earn more and attend a prestigious graduate school. As a result, although the initial cost may be high, the benefit,...  [read more]