Even if we could grow our way out of the crisis and delay the inevitable and painful reconciliation of virtual and real wealth, there is the question of whether this would be a wise thing to do. Marginal costs of additional growth in rich countries, ...
Art has a double visage: it looks before and after. Romance is its forward-looking face. The germ of growth is in romanticism. Formalism, on the other hand, consolidates tradition; gleans what has been gained and makes it facile to the hand or the mi...
The social phenomenon of economic growth is, thanks to the principle of the conservation of matter, nothing other than the physical phenomenon of increasing resource depletion.
The 'Best of British' is a positive thing that's bandied around, but also it's applied pressure to our country in terms of economic growth. I think we've always felt the rest of the world is so much more powerful in terms of being commercially viable...
Saving our planet, lifting people out of poverty, advancing economic growth... these are one and the same fight. We must connect the dots between climate change, water scarcity, energy shortages, global health, food security and women's empowerment. ...
If you or me go to the gas station to fill up our car and it costs us much more than we expected, it will zap our discretionary income. We won't have the extra money to buy that washing machine or new winter coat-all big ticket items that are importa...
Economists who have studied the relationship between education and economic growth confirm what common sense suggests: The number of college degrees is not nearly as important as how well students develop cognitive skills, such as critical thinking a...
If the American government can't stand behind the dollar, the world's benchmark currency, then the global financial system will very likely enter a new era in which there is much less trade and much less economic growth. It would be, by most accounts...
There's something about China and its rush to capitalism that I find confusing. At the same time, we live in an America where capitalists oppose any government interference with free markets, while in China you have a very controlled, state-planned m...
The explosive growth in places like Shanghai has helped lift hundreds of millions of people out of poverty and into a thriving new middle class. What China has done is nothing short of an economic transformation, and the citizens of this country have...
Investment bubbles and high animal spirits do not materialize out of thin air. They need extremely favorable economic fundamentals together with free and easy, cheap credit, and they need it for at least two or three years. Importantly, they also nee...
The writer catches the changes of his mind on the hop. Growth is exciting; growth is dynamic and alarming. Growth of the soul, growth of the mind.
Can social progress be made without government? It's like saying 'can happiness be achieved without the initiation of violence? Can romance be achieved without rape? Can profitability be achieved without theft? Can economic growth be achieved without...
..the planet is just too small for these developing countries to repeat the economic growth in the same way that the rich countries have done it in the past. We don't have enough natural resources, we don't have enough atmosphere. Clearly, something ...
To be sure, the Fair Tax is a big idea. However, I believe America was built on big ideas, and I was elected to Congress to fight for those big ideas, not nibble around the edges of a broken and destructive system. The FairTax would be a real stimulu...
Well, I think the reality is that as you study - when President Kennedy cut marginal tax rates, when Ronald Reagan cut marginal tax rates, when President Bush imposed those tax cuts, they actually generated economic growth. They expanded the economy....
The Palestinian territories are passing now through a suffocating economic crisis and that there is a bad need of supporting the Palestinian economy by all the countries of the world and to exert pressure on Israel in order to raise the restrictions ...
If you have a private firm and you spend a ton of money to pay employees, but what you produce is a flop, there will be no value to GDP. But government spending all gets counted as contributing to economic growth. That's why in the early days of crea...
Here at home, President Obama early on made the connection between growth and economic opportunity for women. In the depths of our crisis in 2009, one of the first laws the president signed was the Lilly Ledbetter Fair Pay Act. He established an Equa...
Countries with higher levels of gender equality have higher economic growth. Companies with more women on their boards have higher returns. Peace agreements that include women are more successful. Parliaments with more women take up a wider range of ...
The root cause of the looming energy problem - and the key to easing environmental, economic and religious tensions while improving public health - is to address the unending, and unequal, growth of the human population. And the one proven way to red...
