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This article discusses the need for the US economy to become more sustainable and the role of the American government in this process. The author argues that the private sector can't make the transition from a waste-based economy to a renewable one by itself. He believes that a public-private partnership is necessary. The article claims that the private sector has a more important role in the transition because it produces the goods and services that are depended on today. However, the government can implement rules to ensure that economic activity does not destroy the plant. The government can fund basic science needed for renewable energy and resource technology and uses taxes, government purchasing power, and other financial tools to steer private capital toward investment in sustainable technologies and businesses. The government can also invest in sustainable infrastructure, regulate land use, work with private or state organizations, measure society's progress toward sustainability, and transfer sustainability technologies to the developing world. It is the belief of the author that sustainability issues cannot be addressed by the private sector/free market alone and require government action. The future of the nation and the plant depends of the government's role in a transition to a renewable resource based economy.

This article, published by the Wall Street Journal on October 28, 2015, describes cash injections into the economy by the government sector. The article explores what U.S. economic growth could have been like if the U.S. government hadn't cut spending in the economy. The author wagers that if spending had continued, the U.S. economy could have grown more significantly than it has.

Market failure in the fuel market led to government intervention, in order to decrease the consumption of fossil fuels. The marginal social benefit would hopefully be reached by this, but the government intervention did not go as planned. Supporting certain biofuel producers caused a decrease in production of other biofuels, resulting in little change in the fuel market after all.

The political instability in Russia has not affected its bank rates. The Romanian central bank has not changes its main interest rate despite of the resigning of the government. The banks interest rate will stay at 1.75% and many believe that it will be able to survive the political instability in the country. Romania is the EU's second-poorest nation and the political situation could possible affect assets prices and delay making monetary policy in the country. The economy Romanian central bank keeping its intre

To battle China's decreasing economy government has decided to increase it's tourism sector hoping the increased revenue can help the economy as well as boost domestic spending. If society itself does not spend how is it expected to generate profit. However in order to make sure tourists know of the new sector they are creating advertisement would have to be paid for or else there could rise the possibility of a market failure that occurs with positive externality of production

In economy we always say food is always inelastic, diaries such as cheese, cheese, butter are considered necessity for people and the price should be inelastic with PED less than 1. As time is changing, the raise of price will cause less revenue, it's not as inelastic as it use to be. The government use to be the biggest clients and they have control over the elasticity of the product, which they aren't any more. There are also a lot more alternative to fluid milk as well. This is also relating to the FDA's view on butter, it use to be vilified and now it seem to be the best product available, people are buying butter, but as the price increase, they buy a little less. We see this change in restaurants as well, McDonald's are moving away from cheeseburger and pizza restaurant are putting less cheese on their product.

I think this shows how time also has an effect on elasticity. In the past dairy has been typically seen as an inelastic product but it is now viewed as an elastic product. There have also been growing amounts of substitutes to dairy products especially milk product substitutes.

This article looks into the reasons while dairy demand has become more elastic in recent years. In the past, demand for dairy products was fairly inelastic. However, that has changed. In the past, the US government purchased a large amount of dairy products which kept prices stable but that is no longer the case which has caused prices to destablize. Additionally, there are now many alternatives to fluid milk with more stable price. As a result, it has become the most elastic dairy product. Butter and cheese are less elastic. The article also mentions that restaurants and fast food restaurants drive the fluctuation in dairy demand.

This article discusses the sugar market in the U.S. On average, U.S. consumers pay twice as much for refined sugar as the rest of the world. This is largely due to sugar policies in the United States. In America, the federal government offers loans to sugar cane and beet processors who are to pay sugar growers a minimum price set by the USDA. The idea is that processors will obtain a market price for their sugar that is sufficient to pay back the loans. However, the loans are "non-recourse," meaning that if the market price of sugar declines, processors can forfeit to the USDA the sugar they put up as collateral. In order to prevent sugar processors from offloading sugar onto the USDA and to protect processors from lower-cost foreign competition, the federal government has imposed a two tier system of tariff rate quotas. It also restricts the total amount of sugar that domestic processors can sell by setting market allotments which are designed to drive up the price by creating artificial scarcity.

This article describes how the events in Paris affected the economic growth. This illustrates how more factors than taxes and employment can make a difference in level of economic activity. A decrease economic activity might cause the government to intervene by reducing the interest rate, creating incentives to increase consumption. A demand-side policy like this could help the economy get back on its course.

This article concerns a company's evasion of government intervention which was aimed at reducing its polution. For this reason I think it fits nicely into what have learned this week.

The Nigerian government must diversify the economy if the country is to survive falling global oil prices, said World Bank VP and Treasurer, Arunma Otteh. She said that Nigeria ranks 152 out of 188 in the HDI, and ranks below the average for sub-saharan Africa. Life expectancy in Nigeria is 53 years, 8 years lower than Ghana and 21 years lower than Brazil. Nigeria also ranked 136 out of 168 most corrupt countries in Transparency International's 2015 report. This affects the flow of FDI to the country. Nigeria's rapid GDP growth over the past decade hasn't translated to strong human development or competitiveness. Nigeria can no longer only depend on oil, which not sells for as low as $26/barrel which accounts for 95% of the country's foreign exchange.

This article highlights how the GDP is not the only factor in measuring the development of a nation, but how corruption and business confidence can play a role. This is seen by the decreasing oil prices, which has affected the Nigerian economy greatly.

Forbes business prediction for the prices of US steel, published September 17th, 2015. US steel market is elastic, as many alternatives are available (steel from China, and other imports), causing the author to predict that US firms will reduce prices in an attempt to increase sales (and thus revenue). Also deals with government involvement in steel market.

The overall article states that China might increase its output and economists are predicting that by looking at the other four major East Asian economies. This relates to our topic because that means the firms and government are investing more and the the economy's exports are increasing

This article shows the government of Japan struggling to get Japan into a low inflation. taxes are increasing exponentially but all because of the recession. He tried to get more workers to work and reduce inflation. However, the money is losing its value because the Central Bank is printing too much currency. Therefore, the income of consumers is literally worth nothing.

This article although an opinion piece is made up of many subtitles, the one I chose to focus on is Roosting chickens and Fed Bashing, It talks about how Druckenmiller keeps predicting economic dooms due to rising interest rates since he closed his business. Personally I feel this is like the quote we got that says, "looking at statistics...to save himself from having ignorance foisted on him", this article is about Krugman using his on look on statistics to see if Druckenmiller's predictions are accurate since some can say they were and others can say they weren't. Krugman gathers his knowledge from past experiences with 2008 crash and The Great Depression; with my own knowledge of the Great Depression and things that contributed to it's solution this drives me to say that government intervention and spending are what's needed to fluctuate the economy ( hence why people argue WWII was the real solution to the Depression due to it's massive spending).

Bihar Confirms That Better Economics Is Better Politics New evidence that Indian voters are rewarding governments that deliver growth There isn't a shortage of explanations on why the BJP lost its way in Bihar - Modi's waning popularity, RSS and quotas, no strong local leader and even humble food staples like beef and dal.

Foreign unemployment fall cuts jobless rate Published on: 10 Apr 2015 09:23 CET Facebook Twitter Google+ reddit Switzerland's official jobless rate fell in March to 3.4 percent from 3.5 percent in the previous month, driven by a drop in foreign unemployment, according to government figures released on Friday. The decline marks the first time since June 2014 that the rate has fallen in a further indication that the Swiss economy is so far weathering the rise in the value of the franc, which forecasters have said will cut growth this year. The percentage of foreigners registered as out of work tumbled to 6.7 percent from seven percent, while the rate for Swiss citizens remained unchanged at 2.3 percent, the State Secretariat for Economic Affairs (Seco) said in its monthly report. The number of unemployed registered in regional job placement offices in March dipped by 4,813 from the previous month to 145,108, Seco said. But the jobless rate last month remained above the 3.3 percent level in March 2014. The rate declined or remained the same in all 26 cantons with the canton of Valais recording the biggest fall, from to 4.6 percent from 5.4 percent. Neuchâtel registered the highest rate (5.7 percent, down from 5.8 percent), just ahead of Geneva (5.6 percent, unchanged). Obwalden had the lowest rate at one percent, down from 1.1 percent. Unemployment in Zurich, Switzerland's largest job market, remained unchanged at 3.6 percent. The impact of the strong franc may not have yet affected the Swiss job market but observers believe that unless the currency weakens, jobs cuts can be expected. In January, the Swiss National Bank abandoned a policy of maintaining a euro floor of 1.20 francs and foreign exchange traders immediately bid up the value of the franc. On Friday, with uncertainty about Greece's finances lingering, the euro was trading at around 1.04 francs, making life difficult for Swiss exporters selling products into the eurozone, the biggest ma

The article describes the situation for Azerbaijan, where its currency, manats, have depreciated against the American dollar greatly. The banks have imposed limits to consumption of foreign, in order to limit the imports.

With Canada creating free trade policies with many countries in Europe and also South Korea. They left out a hole on trade policy with China. This is what they need to now fill. Although China's economy is not booming, they are expected to increase in GDP of 6-7%. This can be benefiting to Canada. Considering the benefits Australia is having, after the relations with China. Australia and Canada have similar government policies.

The Argentinian peso had been under strict currency controls for the past four years under former president Cristina Fernandez de Kirchner.The exchange rate had been going for 9 pesos per US dollar and is not going for 14 pesos per US dollar which was previously only seen in the black market. Former president Kirchner had put the controls in place in attempt to control Argentina's inflation. The new government are hoping to improve exports of agricultural commodities.

Developing economies have been trying to figure out what makes them so behind and the answer came out to be education. But education type can't be the same world wide as each place is the same and so are the focuses on the lucrative sectors ( some could be agriculture some manufacture). In one Indian village although the school had to show government they were keeping up with it's regulations they didn't have to show the parents so for five years parents would keep their kids from farm lands and let them go to school only to find out there was no change. Places like this would not benefit from education types such as that in the U.S they need one that conforms to their own styles. In Brazil another school enabled a method that the money follows the child, because if a teacher has no interest in children it doesn't matter how much you pay them the quality of education will not increase. Once the Brazilian school figured that out they were able to increase quality of education and score highest in PISA maths test 2003-2012. Economic development in education is all about quality and quantity of education; quality of the institution, teachers etc.