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Sondos 2

Are Boosting U.S. Oil Supply and Cutting U.S. Oil Demand in Conflict? - 1 views

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    This article discusses the author's view which goes against the implementation of supply side policies as well as how no amount of supply push will fundamentally change the U.S. oil predicament. The author also disputes that no good oil policy will solve the climate problem...Read more to find out what else he has to say about supply-side policies.
Wonwoo C

Over my dead body - Forget burial-a crowded city no longer has room even for ashes - 1 views

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    This article is a report on the state of burial prices in Hong Kong greatly affected by the lack of supply of room for the dead. For private burials, the costs can go well beyond $25,000!
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    this article shows the situation in today's Hong-Kong where supply curve has moved to the left because of an increase in prices and demand curve moved to the right, because demand has increased this is caused by a lack of room( supply), so a new equilibrium is now formed which i think will soon change because of a resource being scares which will increase price even higher
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    this article shows the situation in today's Hong-Kong where supply curve has moved to the left because of an increase in prices and demand curve moved to the right, because demand has increased this is caused by a lack of room( supply), so a new equilibrium is now formed which i think will soon change because of a resource being scares which will increase price even higher.
Javier C

French strikes, fuel supply disruptions send oil prices higher - 3 views

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    This article talks about how oil prices are starting to rise because of the lack of supply in France.
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    This article reflects the situation from which France is going through nowadays. In other words, the supply curve has suffered a change to the left, because prices has become higher. In the other hand, the demand curve has shifted to the right, because, the demand has increased due to the scarcity of this major resource that people use everyday.
Abhinav S

Verizon shifts supply - 0 views

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    The article states that Verizon's revenue dropped 2.9% in the third quarter of 2010 to $26.5 Bn. Although this surpassed analysts expectations, it was poor in comparison to AT&T's (Verizon's rival) earnings for the third quarter. The success of AT&T in this quarter was attributed to sales of the iPhone in the wireless mobile devices market. Verizon has therefore opted to shift supply to concentrate more on the growing smartphone market, investing heavily in 4G data transmission infrastructure to compete with AT&T. A new tiered pricing model is also being introduced to entice customers to purchase smart phones from Verizon. This aptly demonstrates the price mechanism as a signal to producers in a market economy - if competitors are supplying a profitable product/service, other firms in the industry will also shift supply to produce that product/service to attract high profits.
Sondos 2

An Exclusive 'Path to Prosperity' - 0 views

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    "The chain of logic for supply-side policies to work requires the following. Lower tax rates on savings (or on those who save more) leads to higher saving rates. Higher saving leads to more economic investments and greater capital accumulation. Finally, more capital leads to greater economic growth. At each of these steps, however, there is reason to doubt the theory-there are other possible outcomes and conflicting theories. Rep. Ryan's plan is supply-side economics on steroids. His budget for fiscal year 2012 beginning in October would curtail spending, end Medicare as we know it, and reduce taxes on the wealthy while keeping overall tax revenue constant. This can only mean taxes will go up on the "nonwealthy." Ryan boasts that all this pain will be for good. And he is backed by the Heritage Foundation, which predicts-among other fantastical claims-that his budget will add an estimated additional 1 million jobs in 2012. Those 1 million jobs, however, are fictional."
Manuel R

Coffee Futures Jump to 13-Year High in N.Y. on Supply Concern - 1 views

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    This article talks about how the estimations of the biggest coffe producers are going dow as well as their supply of this food
Maria B

Radiation oncologists will be in short supply, study finds - 0 views

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    This article is about how a study shows that people in a decade will be more likely to have cancer, this will create a demand which can't be met. This meaning that there will be a need for oncologists, and the supply isnt enough.
Wonwoo C

Money Can Grow on Trees - The Economist - 1 views

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    In Indonesia, where the land was once seemed to be covered by endless dark waves of treetops, almost indiscriminate logging is taking place - both legal and illegal. The irony is, this deterioration of forests in the country is actually recorded as progress. This is because the land which is cleared is used for other purposes which are considered less 'scarce'. Logically, in a country with plenty trees, the scarcity of trees will not be very high. Thus, by reducing supply of something which they have an ostentatiously an 'infinite' supply of and acquiring more scarce means of economic production, this economic phenomenon is recorded as progress in Indonesia.
Deniz K

Rubber Reaches 27-Month High as Floods Raise Supply Concerns - 2 views

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    This article states that China will increase purchases to replenish stockpiles over declining supplies from floods and heavy rains.
Nabil E

Macroeconomic indicators - Address supply side issues to tame inflation - ASSOCHAM - 0 views

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    This article is about the advice of leading industry body ASSOCHAM to the government of India. ASSOCHAM says that the most effective way to bring down the inflation rate is to address supply-side issues, rather than to mess with monetary policy. India's inflation rate has increased from 8.31% to 8.98% from last month.
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    This industry speciifc article discusses the demand by the Steel manufactures for supply side policy in india to combat rising inflation. They also want an end to monetary policy which they feel is not working. The government has stated that inflation is falling and there is growth.
Sondos 2

Congressman Jack Kemp pioneered supply-side policy - 0 views

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    Kemp, a former quarterback for the Buffalo Bills, represented western New York for nine terms in Congress, leaving the House for an unsuccessful presidential bid in 1988. Eight years later, after serving a term as President George H.W. Bush's housing secretary, he made it onto the GOP's national ticket as Bob Dole's running mate. With that loss, the Republican no longer ran for office, but he stayed in politics. In speaking engagements and a syndicated column, he continued to advocate for the tax reform and supply-side policies -- the idea that the more taxes are cut, the more the economy will grow -- that he pioneered. He also formed a Washington strategic consulting firm, Kemp Partners, after leaving office.
Jackson Mote

Natural Gas Supply and Demand - 0 views

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    This article is an overview of the supply and demand of natural gas. It describes instances where natural gas has increased demand such as in the winter when it is cold. It also refers to the future projections of the natural gas demand.
Noah F

Local food pantry low on food supplies - 2 views

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    This article gives a good example of where the demand for food at a food pantry is greater than the supply which is a problem during these times of economic difficulties.
Jackson Mote

The US Energy Conundrum: Keeping the Supply Side of the Equation Read more: http://tec... - 0 views

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    This article is about how the supply side within the United States has changed since the Deepwater Horizon incident last year and the recent earthquake in Japan. These two disasters that occurred within 1 year of each other are estimated to affect the US economy for over 10 years at the least.
Michael M

BoJ Nishimura: Supply-side Constraints To Ease After Autumn - 0 views

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    In Asia, supply-side constraints were going to ease up after last Autumn. The government is aiming to "rebuild the demand", because it is painfully lacking.
Merab K

Scheme to improve water supplies in Hindhead area - 0 views

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    This article talks about creating a water reservoir in Hindhead area. ( A small village in England). About 12,500 customers from different areas will benefit from this scheme. Creating of the scheme will cost £2m and it will be done by late November
Mitchell B

How the Increase in the supply of GE Salmon will affect Salmon's demand - 0 views

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    This article talks of the problems that will be caused if and when the FDA accepts genetically engineered salmon.
Abhinav S

Buttonwood - A Special Case - 0 views

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    The article discusses the price mechanism as a signal for allocation of resources in two markets - consumers goods and stock market. A rational perspective would assume that as demand rises, suppliers are attracted to the particular product as they see incentive for profit and thus supply extends and prices rise. This then has the opposite effect as since prices are high, demand contracts. This self-correcting mechanism is in place for the market of consumer goods, as the article discusses. Eventually, price will return to equilibrium. However, in the case of stocks, as prices of stocks rise, investors are more attracted to the stock as they see incentive for capital gain. Thus demand extends, contrary to the rational model observed in the market for consumer goods. Nevertheless, the article provides supports the notion that as demand rises, prices rise and more of that particular good/service is supplied to the market.
Constance D

Canada ready to rule on Potash takeover by BHB Billiton - 0 views

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    This article is about an important bid proposed by BHB Billiton, an Australian mining company, to takeover Canada's Potash Corporation in order to secure global commodity supply against growing demand and population growth in developing countries.
Michael M

Crop Prices - 3 views

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    This is about the odd crop prices as of late that have baffled economists because they go against what would be expected given the present economic conditions. It is interesting and pertinent because it has heavily to do with supply factors.
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