Grasping Reality with Both Hands Evil HR Lady Wall Street Sees World Economy Decoupling From U.S. Wall Street economists are reviving a bet that the global economy will withstand the U.S. slowdown. Just three years since America began dragging the world into its deepest recession in seven decades, Goldman Sachs Group Inc., Credit Suisse Holdings USA Inc. and BofA Merrill Lynch Global Research are forecasting that this time will be different. Goldman Sachs predicts worldwide growth will slow 0.2 percentage point to 4.6 percent in 2011, even as expansion in the U.S. falls to 1.8 percent from 2.6 percent. Underpinning their analysis is the view that international reliance on U.S. trade has diminished and is too small to spread the lingering effects of America’s housing bust. “So long as it doesn’t turn to flu, the world can withstand a cold from the U.S.,” Ethan Harris, head of developed-markets economic research in New York at BofA Merrill Lynch, said in a telephone interview. ‘Partially Decoupled’ China Manufacturing Accelerates Even so, emerging markets are showing more strength.
Beat the Press Glenn Kessler, the Washington Post fact checker, gave President Obama two Pinocchios for saying that women earn on average just 77 cents for every dollar that men earn. Kessler makes some valid points as to why this number overstates the gap. First it is an annual number that doesn't take account of the fact that women are more likely to work part-time and part-year. It is also true that women typically have less work experience because they take time out of the paid labor force. These and other factors (some of which go in the other direction) would be important items to take into account in a full examination of gender inequality. Context is always great, but unfortunately President Obama's use of the Census pay gap number hardly stands out as an out of context statement by a politician. Unfortunately, making comparisons that don't convey the full context is a practice that extends beyond politics into the policy world.
Become a Young Successful Entrepreneur and Live the Startup Life The Cost of Theoclassical Economics and Economists Hernando de Soto is an extremely interesting Peruvian economist who is simultaneously deeply conservative and highly innovative. He published a column in the Washington Post on October 7, 2011 entitled “The Cost of Financial Ignorance” that caused me to reexamine “The Washington Consensus” [TWC]. I agree with de Soto, but his title would have been more accurate if it read: “The Costs of Theoclassical Economics and Economists.” The nature of the TWC is itself highly contested, so I will hold off providing “the” definition of TWC other than to warn that its originator and its proponents are engaged in historical revisionism to try to hide the damage TWC has done. I agree with de Soto's criticisms of financial deregulation. John Williamson is a deficit hyper-hawk with the Peterson Institute for International Economics. Privatization Deregulation 8. 9. “I looked around. Property Rights “10.
Rortybomb WATBlog.com - Web, Advertising and Technology Blog in India! New Deal 2.0 The Australian Small Business Blog An Interview with Dr Greg Chapman on taking time off for small business owners. The interviewer was Donna Page of Nett Magazine. Q. The experts say taking a break is essential for mental well being and family life- how difficult can this be for small business owners? Most small businesses depend on their owner's being there- when they are not nothing happens. The staff look to the owner to solve all the problems and the owner brings in the business. Q. Most business owners are micro managers- if they give someone else the work, they mess it up, and the owner spends twice as long fixing things. This is the owners fault as they don't have systems in their businesses so their staff can run things when the owner is absent. Q. If the owners don't take breaks, they end up burning themselves out. Q. If owners put in place systems in their business, they can give much of the work they presently do to others. Q. Q. Q. 1. 2. 3. 4. 5. Q. Don't be afraid to ask for help.
www.pensitoreview.com Calculated Risk Lawyers, Guns & Money