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One of the big take-aways from a lot of economic theory is that people should engage in consumption smoothing.
Businesses that fail to develop their staff are twice as likely to collapse. Firms seeking to reposition themselves for the economic upturn need to invest in their staff's flexibility, responsiveness and skills.
All those predictions about how much economic growth will be created by this, all of those new jobs, would be created by the things we wanted - the extension of unemployment insurance and middle class tax cuts. An estate tax for millionaires adds exactly zero jobs. A tax cut for billionaires - virtually none.
Cities are, first of all, seats of the highest economic division of labor.
Most of the time, economic data is fairly benign. I don't wish to imply it is meaningless, but it is not a driver of stock markets. Indeed, the correlation between economic noise and how equity markets perform has been wildly overemphasized.
The claim made by Team Obama that every dollar in stimulus translates into a dollar-and-a-half in growth is economic fiction. The costs of stimulus reduce future growth. No country has ever spent itself to prosperity. The price of stimulus has to be paid sometime.
I'm just saying that if you understand how the economic machine works, it just works like a machine. There are cause-effect relationships.
Prostitution presents a moral, economic and social problem that cannot be resolved juridically.
Until the Nineteen-Eighties, when Deng Xiaoping designated the area as China's first special economic zone, Shenzhen had been a tiny fishing village. Suddenly, eleven million people appeared, seemingly out of nowhere; factories sprang up, often housed in hastily constructed tower blocks.
Housing has led our nation's economic expansion over the past few years, accounting for 16 percent of our Gross Domestic Product. New housing starts and home sales hit record levels from 2003 through 2005.
We have established a new basis in our country in which economic liberalization would continue to flourish alongside democratic forces and deregulated power structure.
Finally, treat domestic energy production as the economic necessity it is and the job creator it can be. Drill, and frack, and lease, and license, unleash in every way the jobs potential in the enormous energy resources we have been denying ourselves.
If the court strikes down the Defense of Marriage Act, is that a 'liberal' result enabling gay couples married in states where gay marriage is legal to enjoy the same economic advantages that federal laws now grant to straight couples? Or is it a 'conservative' ruling, limiting the federal government's ability to override state power?
This country needs to get a backbone and stand up for its economic interest.
And lastly, the political revolutions from 1911 to the present time have done more to bring about tremendous social changes everywhere than even the economic and industrial changes and the new schools.
There is actually no such thing as an Artist type. 'Artist' is just an economic designation, a box you tick on a form. We are all people, and we are all creative.
In today's world, learning has become the key to economic prosperity, social cohesion and personal fulfillment. We can no longer afford to educate the few to think, and the many to do.
The Civil Rights for Musicians Act is about economic justice for African American artists. It's about what's right. And it's about time.
The United States is locked in a new arms race for that most precious resource - the future entrepreneurs upon whom economic growth depends. Substantial research shows that immigrants play a key role in American job creation.
Prior to 1940, the affluent and the middle class began to converge, but after 1979, the economic gap between the middle class and affluent widened significantly.
William Julius Wilson
From the ashes of a financial crash, there is a chance to create a new economic settlement that is more equal, sustainable and democratic.
I think it is just stupid economics for a government to approach economic management from a strand of thinking regarding unions as enemies.
Recently released government economic statistics covering 2010, the first year of real recovery from the financial collapse of 2008, found that fully 93 percent of additional income gains coming out of the recession went straight into the wallets and purses of the top 1 percent.
Much of the conventional analysis of India's stature in the world relies on the all-too-familiar economic assumptions. But we are famously a land of paradoxes, and one of those paradoxes is that so many speak about India as a great power of the 21st century when we are not yet able to feed, educate and employ all our people.
The fact that we're going through a crisis is an opportunity for Europe to be more coordinated and more integrated. We're actually talking about a European Monetary Fund or euro bonds, about guarantees for countries, about economic governance in the European Union. That shows the strength of Europe.
William Arthur Ward
Martin Luther King, Jr.
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A good head and a good heart are always a formidable combination.
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