IMF: Income inequality is terrible for economic growth As the Occupy Wall Street protests swell in size and people pay closer attention to the gap between the wealthiest Americans and everyone else, one question is why this divide even matters. One way to look at income inequality, after all, is that it’s no big deal. If a country is growing at a healthy clip and everyone is steadily getting richer, then it’s hardly an outrage that a few titans at the very top are doing freakishly well, right? But a recent study from the International Monetary Fund suggests that this conventional view is misguided. Excessive income inequality, the authors find, can actually inflict a lot of harm on a country’s long-term economic prospects.
- Article of the Future Resulting from the Article of the Future project innovations, we are now able to announce the SciVerse ScienceDirect redesigned article page, with a new layout including a navigational pane and an optimized reading middle pane. The Article of the Future project- an ongoing initiative aiming to revolutionize the traditional format of the academic paper in regard to three key elements: presentation, content and context. Learn what we are doing and why by viewing the video below. Last year, we introduced you to the Article of the Future project along with prototypes in 7 scientific areas.
Council on Spiritual Practices - Code of Ethics Code of Ethics for Spiritual Guides [Preamble] People have long sought to enrich their lives and to awaken to their full natures through spiritual practices including prayer, meditation, mind-body disciplines, service, ritual, community liturgy, holy-day and seasonal observances, and rites of passage. "Primary religious practices" are those intended, or especially likely, to bring about exceptional states of consciousness such as the direct experience of the divine, of cosmic unity, or of boundless awareness. In any community, there are some who feel called to assist others along spiritual paths, and who are known as ministers, rabbis, pastors, curanderas, shamans, priests, or other titles. We call such people 'guides': those experienced in some practice, familiar with the terrain, and who act to facilitate the spiritual practices of others. A guide need not claim exclusive or definitive knowledge of the terrain.
Intergovernmental organization An intergovernmental organization (or international governmental organization; IGO) is an organization composed primarily of sovereign states (referred to as member states), or of other intergovernmental organizations. Intergovernmental organizations are often called international organizations, although that term may also include international nongovernmental organization such as international nonprofit organizations or multinational corporations. Intergovernmental organizations are an important aspect of public international law. IGOs are established by treaty that acts as a charter creating the group. CUBA – poorest of the healthy A decade ago I lectured to the staff of the Ministry of Health in Cuba. After my talk the Minister happily said, this graphs showed that Cuba is the healthiest of the poor countries! On the way out a young staff member whispered in my ear:
Is inequality bad for economic growth? - The Washington Post On Wednesday, just as President Obama was giving his big speech on inequality and the economy, the Center for American Progress, a liberal think tank, released three new papers on this very topic. U.S. one dollar bills are arranged for a photograph in London on Wednesday, Feb. 23, 2011. (Chris Ratcliffe - BLOOMBERG) Perhaps the most interesting paper here is economist Jared Bernstein's exploration (pdf) of whether rising income inequality in the United States is bad for economic growth.
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The Peoples Voice Greg Hunter· Economist Dr. Paul Craig Roberts says, "The physical stock of gold in the West to meet delivery demand is diminishing rapidly. So, one day the Chinese will buy 100 tons of gold, and we won't be able to make delivery.