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Noah F

The Housing Market: Is it Time to Rent or to Buy? - 0 views

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    This article discusses how the prices of renting or buying condos, houses, apartments is determining the markets in different cities. It brings up the point of how prices are allocating capital goods; houses, apartments, condos, etc.
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.
Konstantin Z

THE INCOME ELASTICITY OF DEMAND FOR HOUSING1 - 0 views

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    THIS ARTICLE DESCRIBES INCOME ELASTICITY CONNECTED WITH HOUSING. IN THIS ARTICLE IS VIVIDLY SHOWN extensivy literature on the demand for housing and problems of estimating income elasticity of demand
Noah F

It\'s not over yet: foreclosures dominate local housing market - 0 views

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    This article is interesting since it not only brings up the housing market failure in 2010 but also brings up the negative effects of all the foreclosures happening. With foreclosures comes a lot of crime, including people breaking into foreclosed homes to live in and use as shelter.
Deniz K

UK house prices falling, government figures show - 0 views

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    This article talks about how the house prices dropped in the three months to September.
Sondos 2

Global economy faced with a new recession - 1 views

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    Japan's struggle to avert a nuclear disaster and prepare for a reconstruction of epic proportions is one more risk for a global economy already grappling with mounting risks. The threats to the fragile recovery were already rising before the devastating earthquake and tsunami brought the world's third-largest industrial economy to its knees. And they span the globe - from conflict and oil disruptions in the Middle East and rising inflation in China and other high-growth emerging economies to continuing debt woes in Europe and persistent weakness in U.S. housing and employment, whose recovery is essential to any sustained U.S. rebound. Adding to the wall of worry, governments have pulled the plug on massive stimulus programs, which played a crucial role in turning around economic fortunes in the wake of the 2008 financial meltdown and ensuing recession. Are these symptoms of an upcoming recession?
Manuel R

Manufacturers Commend White House for Action on Export Agreements - 0 views

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    The Association of Equipment Manufacturers (AEM) celebrate the policies taken by the American congress which will help them compete in new markets and will create employment thanks to the bennefits from this expansion.
Jaewan H

http://www.nytimes.com/2010/07/06/technology/06iphone.html - 1 views

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    manufacturing in China is about to get far more expensive.Soaring labor costs caused by worker shortages and unrest, a strengthening Chinese currency that makes exports more expensive, and inflation and rising housing costs are all threatening to sharply increase the cost of making devices like iphone
Manuel R

Home sales show slight decrease - 1 views

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    As I understand this article tlaks about a recession at the sales of houses due to the global crisis. Is a case of YED
Jaewan H

Setting sale price in a slow market - 1 views

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    This article is talking about the setting prices of houses in a town.
Abhinav S

The true cost of smoking - 1 views

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    The article quantifies the external costs of smoking in addition to the private costs imposed upon the smoker. It cites a cost of $150 for cleaning costs (for cars dirtied by ash), with up to $1000 for high-end models. Cleaning a house plagued by smoke is estimated to cost up to $2000. This does not include the costs associated with healthcare payments that need to be paid to employees as part of coverage plans. Furthermore, it is estimated that $96.7 billion is spent on private and public healthcare pertaining to smoker-related illnesses. These negative externalities are not accounted for in the price of a pack of cigarettes (the article states a price of $4-$5 for a single pack) and thus results in an allocative inefficiency - smoking is grossly overconsumed by society.
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    This is a great article. It covers no only the firsthand costs of smoking, but also the long term effects on costs.
Wonwoo C

Land of Hope - How Climate Change Could Be a Boon for Africa - 0 views

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    Excel Energy Inc. in Denver Colorado decides to transfer switch one of its coal-fired power plant units to run on natural gas as part of its plan to cut emissions. By this, they attempt to decrease the negative externalities, or, on other words, the colossal amounts of pollution and green house gases emitted by coal-fired power plants. The question is; will this switch be effective in reducing the pollution negative externality?
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    Global warming, the "mother of all negative externalities", may be a substantial opportunity for development for Africa. Pavan Sukhdev and other prominent economists claim that monetization of natural assets by "rediscovering" economics may bring great wealth to Africa.
Sondos 2

India on the move... - 0 views

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    In India, new cars are being registered at a rate of nearly two million per year. The Indian auto industry has become the world's seventh largest, now having overtaken every European country except for Germany. This exponential rate of production comes at an opportunity cost however. A mixed externality takes place. The stimulation in the auto industry increases the demand, and therefore the possession of cars in the country, which will hence increase the amount of green house gases released by general motor transport, aggravating atmospheric pollution.
Deniz K

Brazil landslides: Military steps up rescue operation - 1 views

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    The tragic landslides in Brazil highlight the importance of public goods. Although, it certainly was a natural disaster the government has been criticised for not alerting people to the dangers. It was well known that this mountain in this area has a lot of rocky ground, which is impervious to water. Furthermore, rapid population growth causing the building of new housing did not improve the situation. The government failed to provide basic public goods, such as monitored flood control, efficient public drainage. "The Science and Technology Minister, Aloizio Mercadante, said five million people lived in some 800 areas considered at risk of mudslides and floods. He said it would take at least four years for a nationwide alert system to be in place."
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    More than 13,000 people have lost or abandoned their homes because of the disaster, government has already responded to this disaster by sending extra troops, ambulances , helicopters, first aid, food, water etc. this expenditure will be covered by tax payers money, if disaster was bigger i think government wouldn't have been able to help their people, the vivid example was the earthquake in Haiti,
Nabil E

Inflation Pressures Grow in China As Consumer Prices Increase 4.9% - 1 views

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    China's fast growth may be a contributor towards higher inflation rates. If high Inflation rates persist it is believed that the leadership will come under pressure. High food and housing prices are the measures of inflation.
Mitchell B

US House, Senate pass spending cut plan; Obama promises to sign - 0 views

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    This article discusses Obama's plan to use fiscal policy in order to stimulate the economy. He plans on cutting taxes based on the income group people are in.
Eleonora B

Social tenants to miss £120 solar savings - 0 views

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    A pioneering project to provide 22,000 tenants of social housing schemes with solar panels generating free electricity is in jeopardy.
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