I debated free trade in college. I came out as a free trader. I'm a free markets guy. I'm an Adam Smith guy.
I have to get a licence to drive a motorcycle to protect myself and the people around me. I am adamant there should be some sort of licensing required to have children.
I think the research evidence on the benefits of early childhood programs for the local economy is extremely strong. However, the moral and political choice is still up to us, as citizens and as voters.
In a reality known as the garden of beautiful eden, Adam is dreaming about his sinful children on earth. He is struggling to wake up from a terrible nightmare.
Thus, the questions we should ask here are what makes the current economic upswing different from the past two recoveries, and whether such differences are sufficient for the economy to reach the sustained growth path.
In fact, the recent increase in intra-firm trading enables businesses to shift their activities across borders smoothly, thereby strengthening the response of economic activity to exchange rate movements in the long run.
Well-functioning financial systems are important in achieving sustained economic growth. They play a crucial role in channeling household savings into the corporate sector and allocating investment funds among firms.
However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound.
What an utter disgrace it would be to find something truly magic and spend any time at all pretending and trying to convince yourself it is all just an unbelievably orchestrated and beautifully choreographed illusion.
Japan and China are isolated and without intercourse with other countries; hence the President directed me to attend to or watch the state of affairs in China also.
The President wishes the Japanese to be very prudent about the introduction of opium, and if a treaty is made, he wishes that opium may be strictly prohibited.
We were sent to this country by the President, who desires to promote the welfare of Japan, and are quite different from the ambassadors of other countries.
It will be quite satisfactory if you open them gradually, as the circumstances may require; but the President assures you that this will not be the case if you make a treaty with England first.
I think sometimes Richmond, especially the House of Delegates, thinks too small... Richmond is not doing what needs to be done, forward thinking, big bold ideas.
Surely the fact that a uniformed police officer is wearing his hair below his collar will make him no less identifiable as a policeman.
It takes strong, sound leadership, that correspondingly rare commodity, which is afflicted with neither an excess of pity nor callousness, to stand against the insipid tide of superficiality that is sweeping the world.
I am afraid that if you don't find peaceful domestic solutions to our inequality and social problems, then it's always tempting to find other people responsible for our problems.
One way to have broader access to wealth is to reduce the tax on the large group and increase the tax on the very top so concentration of wealth doesn't get to extreme levels.
You need some inequality to grow... but extreme inequality is not only useless but can be harmful to growth because it reduces mobility and can lead to political capture of our democratic institutions.
I certainly agree that capital is not a one-dimensional object, and that the return on capital takes very different forms for different assets or different people.
It's insane, the Internet. Totally craziness. Like a little cancer. People can just do whatever they want, say whatever they want, be totally anonymous. It's totally out of control.
