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During the last two centuries, there have been many deflations throughout the world. Almost all of them have been good ones precipitated by technological innovation, rising productivity, global capital flows, and sustained economic growth. If farm mechanization cuts the price of wheat, you get a rising living standard. This is good.
The federal government's role is to establish a process whereby industry can pitch a project, and Canadians can be reassured that this project is worth the risk. That's at the heart of governments granting permits and communities granting permission. People understand we do need economic growth. We do need natural resource projects.
I'm an economic nationalist. I am an 'America first' guy. And I have admired nationalist movements throughout the world, have said repeatedly strong nations make great neighbors. I've also said repeatedly that the ethno-nationalist movement, prominent in Europe, will change over time. I've never been a supporter of ethno-nationalism.
We have a structural problem because you can simultaneously understand the medium to long-term risks of climate change and also come to the conclusion that it is in your short-term economic interest to invest in oil and gas. Which is why, you know, anybody who tells you that the market is going to fix this on its own is lying to you.
God wants us to show compassion and understanding toward the unemployed or the poor not because they are poor, but because poor people, with help from those who are already successful, can become rich. And when the poor become rich, all will benefit, because in our modern economy new unemployment is the first sign of economic growth.
Certainly, poverty and economic decline have a lot to do with the so-called rage of Islam. You've got all these young men in countries which are economically in bad shape. The idea that they might be able to make a good living and get married and have a family, a decent life, seems very remote to a lot of people in a lot of the world.
If the court strikes down the Defense of Marriage Act, is that a 'liberal' result enabling gay couples married in states where gay marriage is legal to enjoy the same economic advantages that federal laws now grant to straight couples? Or is it a 'conservative' ruling, limiting the federal government's ability to override state power?
For the Negro, Andrew Johnson did less than nothing when once he realized that the chief beneficiary of labor and economic reform in the South would be freedmen. His inability to picture Negroes as men made him oppose efforts to give them land; oppose national efforts to educate them; and above all things, oppose their rights to vote.
Without in any way minimising the economic and psychological blow that people experience when they lose their jobs, the unemployed in affluent countries still have a safety net, in the form of social security payments, and usually free healthcare and free education for their children. They also have sanitation and safe drinking water.
We've seen over time that countries that have the best economic growth are those that have good governance, and good governance comes from freedom of communication. It comes from ending corruption. It comes from a populace that can go online and say, 'This politician is corrupt, this administrator, or this public official is corrupt.'
All sectors of the national economy should make scrupulous arrangements for economic planning and guidance to boost production by tapping every possible reserve and potentiality, and work out in a scientific way the immediate plans and long-term strategies for stage-by-stage development and push ahead with them in a persistent manner.
In the early 1980s, the government of New Zealand fell into the hands of true believers, globalist believers, and they embraced the theory of inevitability perhaps more completely than anybody else. And it solved in the very short term some of their debt problems, but in the medium- and long-term, it left them in real economic trouble.
As I have shown, I will defend democracy with arms when it is threatened by violence; with firmness when it is weakened by division; with law and order when it is subverted by anarchy; and always, I will try to sustain it by wise policies of economic progress so that a democracy means not just an empty liberty, but a full life for all.
Here we have the Schengen agreement, and the truth is that for years we trusted each other and set border controls on the outer borders of the European Union. And as was the case with the economic and monetary union, with this step, regarding the management of the Schengen area, we did not go all the way in terms of political solutions.
When we reject unemployment as an economic instrument as we do and when we reject also superficial remedies, as socialists must, then we must ask ourselves unflinchingly what is the cause of high unemployment. Quite simply and unequivocally, it is caused by paying ourselves more than the value of what we produce. There are no scapegoats.
Trump's more outre economic ideas, like repealing trade bills and implementing a massive surcharge on imports, would seem like non-starters in a Republican-led House and Senate, except when you consider a second point as a kind of syllogism: Republicans fear their angry, white electorate. Their angry, white electorate chose Donald Trump.
Today's national income statistics make it appear that Goldman Sachs is productive. As if Donald Trump plays a productive role. The aim is to make it appear that people who take money from the rest of the economy without working are productive, despite not really providing any service that actually contributes to GDP and economic growth.
My friend Patsy Mink was a champion for social and economic justice, equality and civil rights for women and marginalized communities. She was a trailblazer who never backed down from a challenge and whose work in Hawaii and Congress brought positive change to the lives of women, children, and minorities in Hawaii and across the country.
But only 'rich' people by definition have the 'extra' money to buy things and invest to create economic growth. Do we really want to tax that 'extra' money away - and give it to the government to spend? Does that make any economic sense outside of politics and our emotional desire to make everyone suffer equally through these tough times?
It's all very well for us to sit here in the west with our high incomes and cushy lives, and say it's immoral to violate the sovereignty of another state. But if the effect of that is to bring people in that country economic and political freedom, to raise their standard of living, to increase their life expectancy, then don't rule it out.
I sat down in 1989 and I made up my mind at that point that I was going to spend the rest of my life assisting women and youth to gain social and political empowerment through business and education. I convinced myself economic empowerment of women was going to be key, especially in a country like this where most women didn't go to school.
For centuries, economic thinkers, from Adam Smith to John Maynard Keynes, have tried to identify the elusive formula that makes some countries more prosperous and successful than others. My curiosity about this topic spurred me, as a young professor of economics in the late 1970s, to research new ways of measuring national competitiveness.
If we are going to be able to create a new economic vision, companies will need to rethink every aspect of their operations; their bottom lines, ownership structures, demands on financial returns, how they raise capital. For example, an ethical company would say it should only take a fair share of the planet's resources and campaign on this.
New Age values are conscious evolution, a non-sectarian society, a non-military culture, global sharing, healing the environment, sustainable economies, self-determination, social justice, economic empowerment of the poor, love, compassion in action, going beyond religious fundamentalism, going beyond nationalism-extreme nationalism, culture.
While big business gain subsidies and political access, small businesses drown in red tape, and individuals now risk being classified as terrorists for complaining about it. Economic globalisation is about homogenising differences in the worlds' markets, cultures, tastes and traditions. It's about giving big business access to a global market.
The Gilded Age robber barons - the Goulds, the Vanderbilts, the Morgans and Rockefellers - did quite well under laissez-faire. Most of the rest of Americans were still stuck in the ditch, with little to no economic security, life expectancy of roughly 45 years, and horrific infant mortality rates that claimed 300 babies per 1,000 in the cities.
In France, President Francois Hollande is leveraging the next wave of the Internet to jumpstart economic reforms and create jobs for hundreds of thousands of citizens. A historically socialist government, France has had the courage to quickly implement unique partnerships with the business community to drive entrepreneurial spirit and thinking.
My grandfather was originally from the south of China before he emigrated to Malaysia pre-World War II. And I wanted to learn more about the history of the country of my ancestors. I knew I wanted a narrative set in contemporary Beijing. I was really interested in the effect of the rapid social and economic change on ordinary citizens in China.
American intelligence and military agencies have a huge footprint in terms of how the world works, but they're largely invisible. I'm interested in exploring those 'geographies' of secrecy from many different angles: political, legal, economic, spatial, etc., because I am fundamentally just interested in how the world works and how societies work.
It isn't only Republicans, it seems, who traffic in alternative facts. Since Donald Trump's shock election victory, leading Democrats have worked hard to convince themselves, and the rest of us, that his triumph had less to do with racism and much more to do with economic anxiety - despite almost all of the available evidence suggesting otherwise.
Even before the economic crisis in Greece there was no structure for making films - no proper industry, and the structure didn't help filmmakers at all. So filmmakers had to help each other, and make very, very low-budget films. Now with the crisis, things got a bit worse, but filmmakers are still going to be making films. It didn't change that much.
The problem right now, which I've been pointing out very bluntly to American officials in Washington, is that the U.S. has no economic presence in Afghanistan. The Afghans can't point and say, "Oh, the Americans built that road. They built that telecommunications facility. They built that electricity powerhouse," because nothing has been built so far.
There are many ways to create economic suicide on a national level. The major way through history has been through indebting the economy. Debt always expands to reach a point where it cannot be paid by a large swathe of the economy. This is the point where austerity is imposed and ownership of wealth polarizes between the One Percent and the 99 Percent.
We need to reorganize our entire system of retirement plan investing and to develop federal standards of fiduciary duty for pension trustees and fund managers. These require "top down" intervention. But we also need investors to look after their own economic interests, a bottom up approach to our problems that is well within our individual power to undertake.
A majority of Trump's voters were in favor of staying in the Paris Agreement. And if you look at what's really happening in the economy, the economic argument actually is very strongly in favor of the Paris Agreement. There are now twice as many jobs in the solar industry as in the coal industry. Solar jobs are growing 17 times faster than other jobs in the U.S.
Love can't flourish in a "society" based on money and meaningless work, but rather requires complete economic, as well as personal, freedom, leisure time and the opportunity to engage in intensely absorbing, emotionally satisfying activities which, when shared with those you respect, lead to deep friendship, but which our "society" provides practically no opportunity to engage in.
You know, even in the economic downturn in Alberta, there are restaurants in Calgary, and even in Canmore up the mountain, that cannot open for lunch because they cannot find staff. And they cannot find staff because there's nowhere for those people to live. And so safe and decent housing, market housing, subsidized housing, the whole bit, we really, really need to have our heads on straight on this, and we don't yet.
I think capitalism will not disappear, but it's going to increasingly not be the exclusive arbiter of economic life. It's going to have to find value in interacting with the sharing economy on many levels. And this hybrid system that's already emerging among millennials is going to be a mature system where, by midcentury, part of the day will be in the capitalist market, part of the day in the sharing economy, depending on your marginal costs.
This new economy that's just emerged has a new central economic actor. It's not the worker, the person who produces, nor the person who consumes, the purchaser. It's a new actor that does both things at the same time, call them a creator. They both create and consume in the same single act, and we're just beginning to see the shape of this new economy and it changes not just the economy itself, it's going to change the whole nature of the work relationship.
My one concern is that Hu Jintao may overestimate how much power China has in Pyongyang. They have - they do have influence, and they do have companies, and they do have economic relationships that could make life much more difficult in the north. Their balancing act is, "How much worse can we make it in the north without creating that which scares us more than anything, which is a collapse in the north." And then what happens to all those nuclear weapons. So they're going to work very hard to avoid that.
Mike Pence came out and said this was a courtesy call, then Donald Trump a few hours later went on Twitter, as is his wont, and essentially linked the call to Taiwan with a whole series of things he doesn't like about Chinese economic and foreign policies and implied that the U.S. views of the status of Taiwan are now up for negotiation, that he wants them to be part of a broader negotiation with China about a whole series of economic and foreign policy issues. So, we just don't really know what exactly they're planing to do with this.
Most Turkish Kurds want a quiet life and improved economic conditions. But the Kurdish regions of Turkey are mountainous; they're ill-favored climatically; they're poor; and there's a limit to what the government can do there without wasting a lot of resources. Developing the south east may mean decamping a large part of its population. But the thing that will improve the lot of the Kurds more than anything else will be the stabilization of Iraq in the first place, because then the Turkish southeast stops being a dead end. It can become a bridge, with trade flowing in both directions.