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Todd Suomela

Economist's View: "The Predator State: How Conservatives Abandoned the Free Market and ... - 0 views

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    There is a way out, but it is not easy. Historically, regulation and standards have required acceptance by progressive business-those firms that recognized they would lose in races to the bottom. Today, corporate and public policy alike are run by the most reactionary elements, well-paid rogues that suck capacity.
Courtney A

Reagan Speechwriter: Trump's Tax Plan 'Most Faithful to Supply-Side Principles' - 0 views

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    Former Ronald Reagan speechwriter Jeff Bell found a lot to like in Donald Trump's tax plan. 'Trump's plan for tax reform is the most populist so far seen among the presidential candidates. It is also the most faithful to supply-side principles,' Bell contends.
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    Donald Trump, a U.S. presidential candidate and businessmen, holds the highest popularity in the polls, and is well-liked by Republicans because of his vision for economic reform that reflects ideals of President Ronald Reagan. Reagan believed that by lowering taxes on the wealthiest, the money would "trickle down" to the lower classes.
caelanho

Bitcoin: The opportunity costs of mining for money - 0 views

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    The future of money is to mine virtually as there will be less counterfeit and it will be easier for consumers to access their cash.
fernandocesarone

Monetary union road to EU prosperity - 0 views

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    The article discusses the current monetary union and it's extremely positive effect and opportunities it poses to the European union. It also mentions the common misconception that the eu is a monetary union without any political union which is wrong.
Todd Suomela

Steve Keen's DebtWatch No 31 February 2009: "The Roving Cavaliers of Credit" | Steve Ke... - 2 views

  • Thus rather than credit money being created with a lag after government money, the data shows that credit money is created first, up to a year before there are changes in base money. This contradicts the money multiplier model of how credit and debt are created: rather than fiat money being needed to “seed” the credit creation process, credit is created first and then after that, base money changes.
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    Argues against the standard view of fiat-money creation by government and in favor of a credit-money view where banks drive the growth of the money supply.
beckfelix

Australia and Indonesia by the numbers: how do they compare? - 0 views

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    "With an estimated population of 249.9 million in 2013, Indonesia's population is almost 11 times larger than Australia's 23.1 million. With an estimated population of 249.9 million in 2013, Indonesia's population is almost 11 times larger than Australia's 23.1 million." Here we see how two countries are being compared using skills we learnt this week
luigicharles

US: Time for Free Trade Deal with Japan is Now - 0 views

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    The U.S. commerce secretary says American and Japanese negotiators are making progress on the Trans-Pacific Partnership free trade deal.
gmyklestad

U.S. Imposes New Sugar Tariffs, but Pact May Negate Them - 2 views

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    The article evaluates the impact on US tariffs on Mexican Sugar. However, the article debates whether the impact on price is more important than protecting local industry.
zuzannagwadera

Trans-Pacific free trade agreement starting to take shape - 0 views

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    This article deals with a trans-Pacific trade agreement which is to be established soon.
zuzannagwadera

Treasurer Joe Hockey says Chinese coal tariffs may be waived - 0 views

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    China has intimated its new coal tariff may be waived on Australian imports if a free trade agreement between the two countries is struck, Treasurer Joe Hockey has said, raising the stakes further on the protracted negotiations.
gmyklestad

Canada and South Korea Sign Free Trade Agreement - 0 views

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    The article discusses the Free trade agreement signed by Canada ad South Korea. The article suggests that the agreement will benefit both countries. However, this is debated in the article.
francisco97

U.S. Imposes Steep Tariffs on Importers of Chinese Solar Panels - 0 views

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    This article is about how the USA decided to impose tariffs on Solar Panels importer firms earlier than expected, meaning that this aims to reduce imports and increase national production and leading to increasing exports.
Weiyun L

Day zero or D-Day? - 0 views

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    Cuba have two currencies and issues with the exchange rates. There has been numerous exchange rates. There are also issues with a parallel exchange rate hidden from the public. The president is hoping to unify the two currencies and to support the exchange rate to become 1:1.
lizzy97

Korea's terms of trade improve on weaker import prices in Dec. - 0 views

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    This article discuses Korea's terms of trade. Specifically, in the year of 2015, it's terms of trade have improved as a result of the weaker import prices. This relates to what we have learned in class this week as we know that one of the short term causes of change of a country's terms of trade is changes in the condition of demand and supply.
lizzy97

Low life expectancy drags SA down in human development index - 1 views

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    SA's decreased life expectancy has lowered its human development index. This decrease was so significant that SA is now second to last in the HDI of this section.
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