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Keyword: economist

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  • <b>USA Citizens Day - July 1st Rally to Stop Illegal Immigration</b>

    05/24/2006 2:27:38 PM PDT · by Angelina211 · 5 replies · 845+ views
    CitizenDay.net ^ | 5/23/2006 | CitizenDay
    USA Citizens Day - July 1st Immigration Control Rally Nationwide Rally on Saturday, July 1st, at noon, at your City HallMay 1st - Million of Illegal Aliens Marched in our StreetsTwelve million illegal aliens demonstrated their political power, and declared May 1st to be A Day Without Undocumented Workers ( illegal aliens ). They boycotted the USA, all US businesses and institutions. Millions of them marched in our streets, carried Mexican flags, shouted "Si se puede!", and demanded new laws from our Congress. July 1st - U.S. Citizens Nationwide Rally for Immigration ControlRally to stop our continuous invasion by...
  • Taxes and regulations: The Vermont Disadvantage

    01/25/2006 6:49:40 PM PST · by george76 · 35 replies · 847+ views
    IT IS AN axiom of commerce that economic development follows Interstate highways. Except in Vermont. A new study by University of Vermont economist Arthur Woolf has found that development that should have come along I-91 up the Connecticut River instead came across the river — in New Hampshire. The reason? Higher taxes and regulations in Vermont. “We’re seeing the gap grow larger and larger each time we do the study,”... “Those communities along the river are really feeling the impact now.” They are feeling the impact of taxes and regulations imposed in the 1960s and ’70s... Vermont border counties had...
  • Waiting for a Soft Landing ( From a not-so-optimistic Economist)

    01/04/2006 7:17:45 AM PST · by SirLinksalot · 14 replies · 543+ views
    Washington Post via RealClearpolitics.com ^ | 01/04/2006 | Robert Samuelson
    <p>WASHINGTON -- At the year-end, I usually scan a stack of economic reports to see what lies ahead. Well, folks, according to most forecasts we're headed for a swell year -- though a boring one. Typical is the forecast from the Organization for Economic Cooperation and Development in Paris. In 2006 the American economy should grow 3.5 percent (about the same as in 2005), it says. Unemployment drops from today's 5 percent to 4.8 percent. Inflation remains tame, at 2.5 percent. The world economy also does well; international trade expands 9 percent.</p>
  • Laffer Curve Works Again

    12/31/2005 8:45:33 AM PST · by george76 · 169 replies · 3,749+ views
    HUMAN EVENTS ^ | Dec 28, 2005 | Jerry Bowyer
    Ronald Reagan once said an economist is someone who sees something that works in practice and wonders if it would work in theory. So why is it that when confronted with a concept that works in both practice and theory, so many people refuse to believe it? The Laffer Curve, popularized by economist Arthur Laffer, says the government can maximize tax revenue by setting the tax rate at ... The logic is obvious on the ends of the spectrum: if the tax rate is 0%, the government collects no money. If it is 100%, people have no reason to earn,...
  • America's conservatives take another blow

    09/29/2005 8:40:43 AM PDT · by CreviceTool · 34 replies · 1,366+ views
    The Economist ^ | September 29, 2005 | Staff
    TOM DELAY is no stranger to excitement. He claims nearly to have been killed during a bout of revolutionary violence in Venezuela, where he lived in his teens. He was asked to leave the first university he attended, and he made a living exterminating bugs before he entered politics. But “the Hammer” has not been able to swat away the swarm of investigators buzzing around him. On Wednesday September 28th, Mr DeLay was indicted by a grand jury in Texas for alleged breaches of campaign-finance law, and forced to resign, at least temporarily, his position as Republican majority leader in...
  • Post-Katrina frenzy

    09/14/2005 3:05:50 PM PDT · by neverdem · 234+ views
    The Washington Times ^ | September 14, 2005 | Helle Dale
    The Washington Timeswww.washingtontimes.com Post-Katrina frenzyBy Helle DalePublished September 14, 2005 Great disasters bring out the best and the worst in us humans. The international response to Hurricane Katrina demonstrates this fact, no less than reactions among those stricken all along the Gulf Coast.     People around the world have expressed their sympathy, sent condolences, offered help and started collections to help the victims. Everybody from the Queen of England to Pope Benedict XVI sent their condolences. Over 90 nations offered assistance and European countries opened up their strategic oil reserves. Though many of those offers of aid come in forms...
  • Happy Birthday Milton Friedman (31 July... Ok, we are late!)

    09/08/2005 12:06:44 AM PDT · by alessandrofiaschi · 15 replies · 497+ views
    CATO.org ^ | Sept. 8, 2005 | Alessandro Fiaschi
    July 31 marks the 93rd birthday of the world's foremost living economist, Milton Friedman. Winner of the Nobel Prize for Economic Science, the Presidential Medal of Freedom, and the National Medal of Science, Friedman advances the principles of individual choice by popularizing ideas that include school vouchers and private retirement accounts. Through essays, speeches, and books such as Capitalism and Freedom, and Free to Choose, Friedman champions the ideas of liberty. "Milton Friedman has done more than defend freedom as an abstract ideal," President George W. Bush recently said, "He has creatively applied the power of freedom to the...
  • ECONOMIST MAGAZINE SHOWS TRUE COLORS

    01/11/2005 5:40:52 AM PST · by FreeMarket1 · 18 replies · 795+ views
    http://www.freemarketnews.com ^ | Jan 11, 2005 | by staff reports
    Jan 11, 2005 - FreeMarketNews.comby staff reports Edited by David H. Smith, Newsbriefs Correspondent ECONOMIST MAGAZINE SHOWS TRUE COLORS FreeMarketNews.Com, Jan. 11, 2005 – The Economist Magazine is at it again. The magazine that many incorrectly associate with free-markets and entrepreneurialism has released another analysis of an international social, political and cultural trend that ducks the hard questions and predictably proposes more government as a solution. Even a cursory read of the Economist will find many of its articles focus not on entrepreneurialism but on governmental issues and policies, from big countries to small, with nary a question as to...
  • End Corporate Income Tax

    12/01/2004 3:40:03 AM PST · by SmithPatterson · 48 replies · 914+ views
    The Washington Times ^ | 12-1-04 | Richard Rahn
    End corporate income tax By Richard W. Rahn On Nov. 18, in a speech given at the Finance Ministry in Vienna, Austria, the very highly regarded European economist and first woman president of the Mont Pelerin Society, Professor Victoria Curzon Price, called for eliminating the corporate income tax. There, in the center of socialist Europe, was not only the call to get rid of this destructive tax, but almost everyone in an audience of economists, various government finance officials and public policy experts appeared to agree with her. The idea and practice of the corporate income tax has been dying...
  • Bush taps Kellogg Co. CEO Gutierrez to head Commerce - Hassett, AEI, possible replacement of Mankiw

    11/29/2004 9:26:29 PM PST · by alessandrofiaschi · 2 replies · 567+ views
    Investors.com ^ | 11/29/2004 | Alessandro Fiaschi
    Bush taps Kellogg Co. CEO Gutierrez to head Commerce Corbett B. Daly WASHINGTON (CBS.MW) -- President Bush announced Monday that Carlos Gutierrez, Kellogg Co.'s chief executive, would replace Don Evans as Commerce Secretary, making the first of what are expected to be many changes in his economic team. "Carlos Gutierrez is one of America's most respected business leaders," Bush said at the official announcement in the Roosevelt Room of the White House. (...) Gutierrez, 51, has been CEO at Battle Creek, Mich.-based Kellogg (K) since April 1999. Kellogg shares fell 51 cents immediately after news broke that the cereal maker...
  • Good-Bye, Mr. Irvine - The Passing of Reed Irvine

    11/27/2004 3:37:33 PM PST · by CHARLITE · 7 replies · 571+ views
    MENS NEWS DAILY.COM ^ | NOVEMBER 27, 2004 | Burt Prelutsky
    Two things took place recently that were, in a strange way, interconnected. The good thing was that Dan Rather announced his resignation; the bad thing was that Reed Irvine died. The odd thing is that I was saddened by the news of Mr. Irvine’s passing even though, until I’d read his obituary, I had never even heard of the man. It seems that until he was 47 years old, Reed Irvine had been an economist with the Federal Reserve. Then, at an age when so many men are content to work on their slice, perfect their fly-casting skills or start...
  • The fear myth

    11/18/2004 9:54:36 AM PST · by 1066AD · 9 replies · 545+ views
    The Economist (UK) ^ | 11/18/2004 | Lexington (columnist)
    Lexington The fear myth Nov 18th 2004 From The Economist print edition Actually, George Bush's victory had more to do with hope and growth IN THE past fortnight, the Democrats have come up with lots of comfort-food explanations of George Bush's victory—from the idea that the rascal stole the election for a second time (there were a mere 3.3m votes in it, after all) to the notion that he rode into Washington, DC, at the head of an army of hooded fundamentalists. But perhaps the most dangerous of all these myths is the idea that Mr Bush terrified the voters...
  • In Foreign Policy, Nothing Succeeds Like Success

    11/09/2004 6:34:50 AM PST · by OESY · 78 replies · 2,885+ views
    Wall Street Journal ^ | November 9, 2004 | GEORGE MELLOAN
    ...In the heat of the U.S. campaign, people with limited access to the facts -- that is to say adherents to certain TV and print news outlets -- may have gotten the impression that Mr. Bush's had alienated nine-tenths of the inhabitants of the planet with his proactive style. Actually, his international opposition, aside from Saddam Hussein and Kim Jong Il, consisted mostly of the acolytes of French President Jacques Chirac. Now that the American people have spoken, Mr. Chirac, who never had as many friends as he was credited with, is looking all the more lonely. Even the Germans,...
  • Fight to the finish in Najaf

    08/13/2004 7:43:57 AM PDT · by Forgiven_Sinner · 55 replies · 1,851+ views
    From The Economist Global Agenda ^ | Aug 12th 2004 | From The Economist Global Agenda
    American marines backed up by Iraqi troops seem to have launched a promised final assault on the Shia militiamen holed up in Najaf. The operation risks triggering an angry reaction across Iraq and beyond—but pulling back now might be just as risky THOUSANDS of American marines and Iraqi troops, backed by aircraft and tanks, launched an intense attack on Shia militiamen in the holy city of Najaf on Thursday August 12th—a day after the marines' commander in the city, Colonel Anthony Haslam, had said his men were going to “finish this fight that the Muqtada militia started”. Last week, the...
  • Trying to balance the factions

    07/22/2004 11:32:21 AM PDT · by SunkenCiv · 454+ views
    The Economist ^ | Jul 22nd 2004 | Reuters
    A series of truces agreed on last month, encompassing Mr Sadr's stronghold in al-Thoura, Baghdad's eastern slum, as well as the Shia holy cities and other towns further south, are still holding. His own home turf in the capital has been more peaceful than it has been for months. Former fighters are now being paid to collect rubbish, plant trees, direct traffic and help the Iraqi police. The new government has promised to pay for a new sewage system so that the slum detritus will no longer flow past Baghdad's grimmest tenements. Outside the city, the clergy behind Mr...
  • Lawless in Gaza

    07/22/2004 11:11:46 AM PDT · by SunkenCiv · 11 replies · 765+ views
    The Economist ^ | Jul 21st 2004 | Global Agenda
    Violent protests against corruption and nepotism in Yasser Arafat’s Palestinian Authority, and the threatened resignation of his prime minister, Ahmed Qurei, have forced Mr Arafat to back off from putting a relative in charge of Gaza’s security forces... Arafat is feeling the wrath of his own people, who have become increasingly frustrated at the corruption, nepotism and sheer uselessness of his crumbling regime.... Arafat has for months been resisting pressure from America, Egypt, the United Nations and other powers to merge and revamp the PA’s 12 overlapping, ineffectual and mutually hostile security forces, and to put them under the...
  • Are You an Austrian? (An Economic Quiz)

    06/21/2004 5:36:40 PM PDT · by Remember_Salamis · 57 replies · 479+ views
    Von Mises Institute ^ | June 21, 2004 | Von Mises Institute
    Take the following quiz of 25 questions on economic issues (or go to truncated 10-question version). There is also a Spanish edition. Click on the answer that most describes your view. You must answer all 25. Submit your quiz, and get your score emailed to you. There will be no follow up emails. (Q&A prepared with the assistance of Randall Holcombe, Peter G. Klein, Robert Murphy, D.W. MacKenzie, Joseph Stromberg, Mark Thornton, and many others who have suggested improvements in wording—none of whom bear final responsibility for the answers.) The method and scoring of the quiz will be revealed once...
  • A Jobs Recovery? - The Recovery Isn't Jobless After All. What Should John Kerry Do?

    04/07/2004 10:12:39 AM PDT · by mitchbert · 20 replies · 112+ views
    The Economist Online Edition ^ | April 7, 2004 | The Economist
    The recovery isn't jobless after all. What should John Kerry do? OVER the past 70 years or so, one thing that has not changed is American politicians' readiness to make comparisons between the present times and the Great Depression. John Kerry, indeed, has built his candidacy for the White House on the technique. He campaigns against George “Herbert Hoover” Bush for presiding over “the greatest jobs loss since the Great Depression”. This week, Mr Kerry and his Democratic big-gun supporters spread out across the country to highlight the candidate's “new direction” for the economy, one that will create 10m jobs...
  • Searching for John Kerry's economic policy: Is there a there, there?

    04/01/2004 2:55:50 PM PST · by MegaSilver · 6 replies · 190+ views
    The Economist ^ | 01 April 2004
    In his opening efforts at developing an economic policy, John Kerry is all fiddle and not much thrustTHE partisan eruptions over the testimony given by Richard Clarke before the commission investigating September 11th may have given the impression that the presidential contest is going to be fought chiefly over foreign-policy matters, particularly George Bush's record in Iraq and on the war on terror. Yet this week, the ground shifted quietly back to the domestic issues of jobs, taxes and the economy that may, in the end, prove to be what the election will actually be all about. On April 2nd,...
  • The great hollowing-out myth

    02/19/2004 12:57:36 PM PST · by Forgiven_Sinner · 40 replies · 229+ views
    From The Economist print edition ^ | Feb 19th 2004 | From The Economist print edition
    Outsourcing to other countries has become a hot political issue in America. Contrary to what John Edwards, John Kerry and George Bush seem to think, it actually sustains American jobs EARLIER this month, President George Bush's chief economic adviser, Gregory Mankiw, once Harvard's youngest tenured professor, attracted a storm of abuse. He told Congress that if a thing or a service could be produced more cheaply abroad, then Americans were better off importing it than producing it at home. As an example, Mr Mankiw uses the case of radiologists in India analysing the X-rays, sent via the internet, of American...
  • The moral of Saddam Hussein

    12/19/2003 5:13:20 AM PST · by Forgiven_Sinner · 10 replies · 130+ views
    From The Economist print edition ^ | Dec 18th 2003 | From The Economist print edition
    Nobody emerges with much credit from the saga of Iraq. The future may be more hopeful IT WAS a heartening way to end a bloody year. The sight of a murderous dictator being plucked like a rat from a hole in the ground offered a rare and pleasing spectacle of virtue armed and evil vanquished. But if the tyrant's capture is a cause for celebration, it should also prompt a moment's sober reflection. As will probably become clear when he is eventually put on trial (see article), few people or governments, in the West, the Arab world or beyond, emerge...
  • Economist tallies swelling cost of Israel to US

    11/12/2003 5:46:38 PM PST · by Phatheon · 25 replies · 220+ views
    The Economist ^ | December 09, 2002 | Thomas Stauffer
    Economist tallies swelling cost of Israel to US By David R. Francis | Staff writer of The Christian Science Monitor [ECO]Since 1973, Israel has cost the United States about $1.6 trillion. If divided by today's population, that is more than $5,700 per person. This is an estimate by Thomas Stauffer, a consulting economist in Washington. For decades, his analyses of the Middle East scene have made him a frequent thorn in the side of the Israel lobby. For the first time in many years, Mr. Stauffer has tallied the total cost to the US of its backing of Israel in...
  • Car Economist Boosts U.S. Sales Forecast

    10/10/2003 7:03:51 AM PDT · by TastyManatees · 3 replies · 257+ views
    Atlanta Journal-Constitution (AP) ^ | 10/9/03 | DAVID GOODMAN
    Car Economist Boosts U.S. Sales Forecast By DAVID GOODMAN Associated Press Writer DETROIT (AP)--An improving U.S. economy, robust summer sales and the easing of international tensions all point to better-than-expected 2003 vehicle sales, a dealers group said Thursday. Paul Taylor, chief economist for the National Automobile Dealers Association said he expects U.S. vehicle sales to hit 16.6 million, 300,000 higher, or 1.8 percent, than he forecast earlier this year. ``A strong summer selling season, improving economy and completion of major combat operations in Iraq are favorable signs that auto sales are likely to finish the year somewhat higher than expected,''...
  • In Blogs We Trust

    05/11/2003 10:54:49 PM PDT · by WaterDragon · 19 replies · 634+ views
    poorandstupid.com ^ | May 12, 2003 | Donald Luskin
    I was introduced as "a blogger" when I gave an after-dinner speech last week to the annual meeting of Russell 20-20 Association, a group of the world's largest investment managers and pension plans, sponsored by the Frank Russell Company (my speech, "The Economics of Mass Destruction," can be viewed on the Trend Macrolytics site). The president of the Frank Russell Company, who introduced me, didn't know what a "blog" is -- and neither did anyone else at my table, which included one of the most senior faculty member of Stanford University (where the meeting was held), the manager of the...
  • Countdown to war

    02/01/2003 9:07:58 PM PST · by Forgiven_Sinner · 2 replies · 149+ views
    From The Economist Global Agenda ^ | Feb 1st 2003 | From The Economist Global Agenda
    Can Saddam Hussein change? The Iraqi leader must start actively to prove he has no weapons of mass destruction, or the timetable of events suggests he will face war within weeks EPA Off to Baghdad? MILITARY strategists contend there always has to be some flexibility built into the timetable. And so there is. But for Saddam Hussein, the countdown to war has begun. President George Bush has bluntly indicated that the Iraqi dictator now has only “a matter of weeks” to start actively co-operating with arms inspectors to prove that his country no longer has any programmes connected to nuclear,...
  • Good ol' Strom?

    12/02/2002 4:50:23 AM PST · by 7thson · 4 replies · 218+ views
    The Economist ^ | Nov 28th 2002 | Lexington
    Young Strom grew up in a world in which the Democratic Party in the South was synonymous with segregation. He left the party in 1948 in protest against Harry Truman's support for civil rights, and ran for president as the candidate of the segregationist Dixiecrat Party. Returning to his ancestral party, he led the resistance to civil rights, and still holds the record for the Senate's longest filibuster: a 24-hour-18-minute harangue against a civil-rights bill. He joined the Republicans because he thought that they would be sounder on race. The racism that explains Mr Thurmond's political apostasy also explains the...
  • The mid-term elections Curb your enthusiasm

    10/31/2002 9:27:03 PM PST · by Forgiven_Sinner · 1 replies · 220+ views
    From The Economist print edition ^ | Oct 31st 2002 | From The Economist print edition
    | WASHINGTON DC In the last week of a becalmed campaign, a puff of wind behind the Democrats IT IS often called the “Seinfeld” election—a patternless, meandering campaign about nothing. A better term might be the “Curb Your Enthusiasm” election, after another television comedy also about nothing, but with a blacker tone and a title more in keeping with a poll in which only one in three voters will show up. That is how it has been for weeks. America's mid-term elections have not been a national campaign with any over-arching theme. Rather, this has been a series of local...
  • UK ECONOMIST: Pre-empting threats, threatening pre-emption (IN PRAISE OF PRESIDENT BUSH!)

    09/27/2002 5:24:10 AM PDT · by MadIvan · 10 replies · 219+ views
    The Economist ^ | September 27, 2002 | The Economist
    Only Saddam Hussein, and any would-be emulators, need fear George Bush's foreign policy MUCH of the time, foreign policy is made by hints, bribery, threats and, in this televisual age, soundbites. This week it was made in a pair of substantial documents—America's new “National Security Strategy”, outlining George Bush's foreign-policy thinking, and the British government's “assessment” of Iraq's weapons of mass destruction. The first was intended to reassure, the other to scare. The truly scary thing is that much of the reaction to these documents—in soundbites, naturally—has got them the wrong way round. Mr Bush's “strategy”, which is the sort...
  • Heating oil prices expected to increase this winter Maine Alert!

    09/20/2002 7:24:06 AM PDT · by SheLion · 8 replies · 827+ views
    Bangor Daily News ^ | 20 September 2002
    PORTLAND — Heating costs are expected to increase significantly this winter over last, the U.S. Department of Energy is forecasting. The department said higher fuel prices combined with increased consumption could result in consumers spending as much as 40 percent more for heating oil this winter than last winter if the region receives normal winter weather. David Costello, a Department of Energy economist, said consumption was down last year because of mild winter temperatures. He said heating costs for natural gas and electricity are also expected to rise, but not as much as oil. Costello said the average household...
  • Throwing down the gauntlet

    09/14/2002 9:21:30 PM PDT · by Forgiven_Sinner · 3 replies · 196+ views
    From The Economist Global Agenda ^ | Sep 13th 2002 | The Economist
    After a speech by President George Bush challenging the United Nations to tackle the threat posed by Iraq and its weapons of mass destruction, diplomatic efforts are underway to agree on a tough new resolution. If multilateral diplomacy does not produce results very soon, America may act on its own AFP No more beating about the bush THE UNITED NATIONS, said President George Bush in a speech to its General Assembly, faced a “difficult and defining moment”. Reciting a charge-sheet against Saddam Hussein, the Iraqi dictator, in a much-awaited speech on Thursday, September 12th, Mr Bush asked whether the UN...
  • Confronting Iraq

    09/12/2002 12:45:45 PM PDT · by Forgiven_Sinner · 3 replies · 191+ views
    From The Economist print edition ^ | Sep 12th 2002 | From The Economist print edition
    Saddam Hussein must be dealt with—by the United Nations if possible, without it if need be AP TO HEAR his many critics tell it, George Bush had serious charges to answer this week before the United Nations court of international opinion. The leader of the free world stands accused of threatening to disrupt international law and order. America's insistence that Iraq be stripped of its illicit weapons of mass destruction, as a matter of urgency, by force if necessary, is anyway surely a ruse, since Mr Bush has publicly admitted his aim is to topple the regime of Saddam Hussein....
  • Drug war lows: Milton Friedman's 30-year-old advice

    07/08/2002 10:13:35 AM PDT · by WindMinstrel · 55 replies · 950+ views
    The great economist and Nobel laureate Milton Friedman turns 90 on July 31. President Bush, who invited him to the White House for a public toast and a private lunch to celebrate the occasion a few weeks ago, had some very nice things to say about him, for good reason. Friedman, the president said, "has used a brilliant mind to advance a moral vision: the vision of a society where men and women are free, free to choose, but where government is not as free to override their decisions. ... (He) has shown us that when government attempts to substitute...
  • It works at home

    04/18/2002 1:18:40 PM PDT · by Forgiven_Sinner · 3 replies · 209+ views
    From The Economist Global Agenda ^ | Apr 18th 2002 | From The Economist Global Agenda
    After suffering reverses in Afghanistan, Venezuela and, above all, the Middle East, President George Bush's foreign policy is going through a difficult phase. But trouble abroad has not yet translated into serious political difficulty at home IT HAS seemed like a week of drift and failure in American foreign policy. Most obviously, Colin Powell returned from the Middle East without a ceasefire. Hugo Chavez, the Venezuelan president loathed by the White House, swept back into power after a bumbling coup of which America-alone in the western hemisphere-had approved. The administration says it pleaded with the coup leaders not to...