The Global Consequences of Russia’s Isolation
Is State Capitalism Winning? by Daron Acemoglu and James A. Robinson - Project Syndicate - 0 views
The Global Consequences of Russia's Isolation by Harold James and Domenico Lombardi - P... - 0 views
Efforts to Revive the Economy Lead to Worries of a Bubble - NYTimes.com - 0 views
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The Federal Reserve is well into its third round of “quantitative easing,” in which it buys longer-term assets to bring down long-term lending rates.
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In March, a smaller percentage of working-age people were actually working than at any other time since 1979.
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In March, a smaller percentage of working-age people were actually working than at any other time since 1979.
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Mr. China Comes to America - James Fallows - The Atlantic - 0 views
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Mr. China Comes to America
EZ crisis and historical trilemmas | vox - 0 views
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The big difference in the EZ is that nations cannot go off the euro as they went off the gold standard
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A major part of Lenin’s analysis, for instance, was devoted to the demonstration that Russia had become a quasi-colony as a result of the large scale capital imports, and that the foreign creditors in effect controlled Russia’s foreign policy.
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The linkages of these issues can be summarized as a series of impossible trinities or trilemmas.
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Intel Says It Will Cut 1,500 Jobs in Costa Rica - WSJ.com - 0 views
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Intel, based in Santa Clara, Calif., has been grappling with the effects of a slowdown in sales of personal computers that use its microprocessor chips. The company has also been slow to build a sizable business in chips for smartphones and tablets.
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Brian Krzanich and Renee James —appointed last May as Intel's chief executive and president, respectively—have been studying Intel operations and concluded that reducing the assembly and test operations in Costa Rica made most economic sense, said Chuck Mulloy, an Intel spokesman. "We have to be more efficient and effective," he said. Most of Intel's chips are fabricated in the U.S., Ireland or Israel and then sent to other companies to be encapsulated in packaging and tested. Those chores now handled in Costa Rica will be moved to existing Intel operations in Malaysia, Vietnam and China, Mr. Mulloy said.
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