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anonymous

Why No Streaming Service Will Ever Be Perfect - 0 views

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    This article states that no streaming service will ever be perfect because of the intense competition between these services. They are trying to join together with cable networks in order to gain more consumers.
Nehir D

Public Goods and why we need them - 0 views

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    The article is talking about the changes in Public goods in different generations.The writer is comparing privatisation and public goods and services.These days, however, the distinction between 'public' and 'private' has become blurred.In Britain, for example, the railways were privatised and an 'internal market' was created within the National Health Service on the grounds that this improved the efficiency of service delivery for 'customers'. There are some circumstances in which it is sensible to privatise, there are many good reasons why wholesale privatisation should be shunned.
anonymous

Is Education a Public Good or a Private Good? - Innovations - The Chronicle of Higher E... - 0 views

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    Education is both a public good and a private good. A public good is defined by two characteristics: non-excludability and non-rivalry. Public goods are for everyone and there is no competition for the good. Most people believe that a higher education is a pure public good but it is not. Society benefits when people get a higher. education. Statistically people with a college education tend to be more active citizens and their volunteering.with their volunteering and other activities benefiting those around them. Also statistics have shown that more new products and services are available to society because of the contributions of college graduates. These are the positive externalities of education. The negative aspect of education is  that even though the benefits of higher education are shared the costs for higher education are not shared. A higher education benefits society but the cost of a higher education proves a problem for those that want a higher education. Students themselves do reap some benefits: they are likely to be better off- both financially and otherwise-than their compatriots who do not go to college. However, students do not benefit as much as society. Therefore education is both a private and a public good.
Nehir D

US Airways posts higher quarterly profit - 1 views

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    US Airways Group Inc announced that fourth quarter profits more than doubled as revenue costs increases. The carrier with bankrupts improved on time arrivals and baggage handling and this ties up with revenue of the airways. Because according to the service that airways provide people impress them and make them to fly with the same airways all the time just because of kind and on time services and increase revenues f the airways company.
Xinmian H

Laura D'Andrea Tyson: The Sequester and Fiscal Policy - NYTimes.com - 0 views

  • sequester. It is the wrong medicine for what ails the economy now and the wrong cure for its future budgetary challenges.
  • deep and lingering deficiency in aggregate demand
  • The gap between the actual and potential level of output means about $900 billion of forgone goods and services this year alone. This tremendous waste of productive potential is reflected in an unemployment rate of 7.9 percent,
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  • The economy needs less rather than more deficit reduction in the near term.
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    The article is talking about the economy of US right now. The aggregate demand is far lower than potential and government is cutting expenditure rapidly. However, the author thought that's not the right way of doing it. Although the money is short, government is still supposed to take necessary actions to induce recovery.
Nehir D

City Officials Say School Bus Strike Would Be Irresponsible - 0 views

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    The School Bus strikes are turning into disrespectfuk and irresponsible incident by New York bus Drivers. The tensions are rapidly increasing and causing a great problem for parents and students. The city provided parents and students MetroCards and paid to taxis and car services for access to public transportation.
Christopher P

Mica to introduce legislation to end Amtrak 'monopoly' - 0 views

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    House Representative John Mica of Florida, my home state, is planning to introduce legislation to Congress to address what he considers to be Amtrak's monopoly over passenger-rail service. The legislation would aim to increase competition in this industry, not end Amtrak itself. Mica is a member of the House Transportation and Infrastructure Committee and hopes that Congress will consider federal rail policies later this year.
Christopher P

Wallet woes: Students see 3.7 percent increase in prices - 0 views

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    The annual "Student Price Index" released yesterday by the Kansas State Economics Club shows that the prices for common goods purchased by students has increased by about 3.7% in the past year. However, not all goods have been affected equally. For example, prices for textbooks have actually decreased while the prices for internet services have risen 8%. These differences are due to primarily to elasticity. Daniel Kuester, the director of undergraduate economics at the university, explains that for products like pizza, the availability of many substitutes makes the good elastic, making it less likely to be affected by inflation.
Elnara H

Obama's concern about Chinese products. - 0 views

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    American president, Barak Obama enforces trade laws to maintain their countries products and services . This news seems like there's going to be big conflict in between two countries, United States and China.
Adil R

Obama Needs to Learn "Opportunity Cost" - 1 views

    • Adil R
       
      This article asses Obama's stimulus plan. It talks off how congress passed the ARRA stimulus package which injected $787billion into the government sector. Obama stated that this package wouldnt allow the unemployment rate to pass 8% however it reached 10%. Obama said that the depth of the recession couldnt be foreseen however there were many people who predicted it.
  • that unemployment with his bailout would likely reach 10 percent.
  • he also doesn’t understand basic economic concepts such as “opportunity cost.
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  • experts promised that unemployment rates wouldn’t pass eight percent
  • creates money out of thin air via the Federal Reserve
  • as the cost paid when something is given up to get something else.
  • The federal government can’t spend money on “stimulus” projects without siphoning the money out of the economy as a whole
  • resulting inflation of the money supply dimishes the purchasing power
    • Adil R
       
      The article then goes on by stating Obama does not know the concept of opportunity cost. $787billion was taken out of the federal reserve to pay for federal programs resulting into the weakening of the current dollar value and inflation. This had an impact on everyone, nearly $7000 per household. Government jobs do not make a salary and therefore do not stimulate the economy. This can also lead to an increase in taxes whilst still barely benefiting the community. Opportunity cost kicks in here as the obama administration thought that this was the next big thing as apposed to injecting it to private sector. The article too talks about how private businesses contribute to the economy even if the company is failing as it still receives services and eventually the more efficient company will take over. Moreover they can make profits and they can better the economy by hiring or purchasing consumer goods.
  • taxpayers would likely spend or invest nearly all of that money taken from them
  • dollars with more valu
  • nvest more in their company, or pay higher dividends to investors
  • save the money and invest it in business growth
  • more consumer goods
  • $7,000 per household
  • defined
  • teachers, police officers,
  • irefighters on state
  • payrolls doesn’t stimulate the national economy
  • hurts
  • Government jobs
  • do not make a profit
  • Governments
  • hire employees and build overpriced buildings and roads
  • money is gone.
  • putting more funds into the hands of government is not efficient
  • reinvest those profits in the manufacture of new goods, jobs, and more efficient factories.
  • businesses employ people for a profit
  • replaced with more efficient businesses
  • allowed
  • to fail
  • government entities subsidize inefficient private corporations
  • allowed to fail
  • hey should
  • free market inefficient businesses
  • inefficient governments
  • never happens
  • government jobs require constant transfusions of taxes
  • static number of people employed
  • private sector is the only area of the economy that can lead to self-sustaining job growth and economic recovery
  • He should know that opportunity costs under ARRA demonstrate that the “stimulus” bill tipped the unemployment figures higher and worsened the economic recession.
Christopher P

China January foreign direct investment rises in sign of confidence - 0 views

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    Although the rate of economic growth in China has slowed recently, a high amount of Foreign Direct Investment in China shows that there is still a large amount of confidence in the economy. Investment increased 16.1% over last year, up to $10.76 billion. Growth has shifted away from manufacturing towards services, partly due to an effort by the government to restructure the economy. In addition, the FDI by China to foreign countries has increased by nearly 50% to $7.23 billion, showing that the country receives nearly the same amount in FDI as it provides to other countries, reflecting balanced investment,
Christopher P

Fall in imports curbs Lebanon's balance of payments deficit - 0 views

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    A combination of lower imports and increased exports have led to an improvement in the balance of payments of the country of Lebanon. The country has in past years imported several times more the amount that it exports, which had led to a great deficit of trade. Due to a slowing economy, imports have decreased enough to begin to improve the deficit. In addition, an emphasis placed on the service export sector (health care, education, etc.) has contributed to the improvement.
Nehir D

The balance of payments BoP until you drop - 0 views

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    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.
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    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.
Tony L

Aircel Launches New Mobile Internet Tariff Plans - 0 views

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    Aircel, a private telecom operator, is implementing a mobile internet tariff plan. This plan will allow its users to use 2G/3G services in the same package. The article states that this plan is targeted towards those who use their data for applications, music, and games.
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