This article is talking about how the result of the presidential election effect the health care. Mitt Romney will probably end the health care whereas Obama will absolutely keep it. Health care is a public good, it has positive externality and should be encouraged. However, the cost of providing health care is very high. According to the article, 'Affordable Care Act won't be fully in place until 2014'. Two candidates has different solutions. Obama choose to keep it, and Romney choose to end it due to the high cost. From this article we can see the limitation of government intervention of economy, and how different parties and people have different opinions.
Abu Dhabi's two biggest developers have agreed to become one, controlling US$13 billion (Dh47.7bn) in property assets that include some of the capital's leading landmarks. The merger of Aldar Properties and Sorouh Real Estate creates the country's second biggest developer. Abu Dhabi's new property giant could breathe life into stalled projects.
this article talks about the balance of payment in china, and also explains how that for the first time in a very long time (1999) the country is experiencing more money leaving the country than enters it.
The article is talking about China which starts as for the first time since 1998 more money leaves China than enters it mainland China can now boast over 1m wealthy citizens (qianwan fuweng) each with over 10m yuan ($1.6m), says the latest edition of the "Hurun Report", which keeps track of China's capitalist high-roaders. But the mainland seems to be having trouble keeping them. According to the report, published on July 31st, more than 16% of China's rich have already emigrated, or handed in immigration papers for another country, while 44% intend to do so soon. Over 85% are planning to send their children abroad for their education, and one-third own assets overseas.
This article mainly discusses the economic policies of Representative Paul Ryan involving his concerns that continuing budget deficits will eventually lead to high rates of inflation. The author evaluates a theory regarding the importance of government policy on the price level of the economy. The view states that there is only one point of equilibrium in the macroeconomy where Aggregate Supply will equal Aggregate Demand, and the changing policies of the government play a crucial role in meeting that equilibrium by affecting not only the value of business assets but also people's expectations.