grow the economy

washingtonpost.com
The economy grew at sluggish 0.7 percent in first quarter of 2017
By coincidence, the new estimates were released on President Trump's 99th day in office and offer some of the first data on how the economy is performing in his new administration.
By https://www.facebook.com/max.ehrenfreund
How to make America Great in 16 easy steps

1. I M P E A C H. T R U M P. self explanatory

2. Stop 👏🏾letting 👏🏾billionaires 👏🏾rig 👏🏾elections


Overturn Citizens United, ban campaign contributions and let one voice equal one vote


3. Stop spending 50% of all our tax money on war.

Stop killing civilians in the Middle East, and use the extra trillion dollars to reinvest in the Arab world, America’s urban and rural schools, and make college free.

4. LET REFUGEES AND IMMIGRANTS IN!

Refugees and immigrants are usually skilled, open businesses, create innovation and grow the economy. They are also HUMAN BEINGS fleeing war and death and need us to be there for them.

5. Stop putting (black and Latino) kids in prison for nonviolent drug offenses.

Start weakening gangs by legalizing drugs and offering addiction and job training programs.

*bonus: this also greatly reduces gun violence everywhere, especially in large cities*

6. don't👏🏾let👏🏾cops👏🏾get👏🏾away👏🏾with👏🏾shit👏🏾

Put murderers in jail, whether they have a badge or not. Demilitarize police forces, and train officers deescalation tactics. Make sure officers come from the communities they serve. Rebuild trust through human contact with police.

7. end the mass shooting™ Era.

Castrate the NRA. Create an Australia style gun buyback program. Stop letting 14 year olds buy AKs at guns shows. Mandate “safe gun” tech.

*hidden bonus: kindergarteners, churchgoers and the general public will no longer be murdered en masse on a monthly basis. How wacky is that?!?*

8. stop allowing people to go bankrupt because they got sick or hurt

Create a single payer health care system like those in Norway, New Zealand, Japan, the U.K.,
Kuwait, Sweden, Bahrain, Brunei, Canada, the Netherlands, Austria, The UAE, Finland, Slovenia, Denamark, Luxembourg, France, Australia, Ireland, Italy, Portugal, Cyprus, Spain, South Korea, Hong Kong, and Singapore.

9. pay👏🏾women👏🏾the👏🏾same👏🏾amount👏🏾of👏🏾money👏🏾as👏🏾men👏🏾 yea like wtf? It’s 2017. 10. LET WOMEN HAVE CONTROL OVER THEIR OWN BODIES. Again, wtf?!?

11. Don’t let oil and gas companies destroy the Earth for profit.

Implement a carbon tax, and use the money to invest in renewables, and climate change research.

12. Create 25 million jobs, and revive the American Dream.

Spur a National WWII style mobilization to build renewable energy, manufacture electric cars, invest in organic vertical farming, and clean up our polluted oceans, Lakes and rivers.

*secret bonus: this also keeps our kids from having to live in a dystopian hellscape lol*

13. PAY REPARATIONS to African and Native Americans, just like you did to settlers and slaveowners before/after the Civil War.

14. Close Guantanamo bay, and amend the constitution to ban torture

15. Get Involved(cliche but immensely important) protest, call your representatives, and get involved with organizations like moveleft, Indivisible, and Justice Democrats that push for real and radical improvements to our country.

16. Don’t let cynicism and pessimism cloud your judgement.

If you’re reading this right now and thinking; “okay but nahhhhhhh, none of this can happen in America”, your brain is tricking you. Human evolutionary psychology makes it hard for people to envision a future that is radically different from the past or present, but change can happen fast and is often more radical than you expect. Don’t sit on the sidelines and let the future be decided by the likes of Trump, Bannon, and oil companies. speak up. ACT.

and most importantly,

VOTE

forbes.com
Spain Has No Government For 10 Months - Economy Grows, Unemployment Falls To 18.9%
We are continually told that every country must have an activist government. No economy nor society can be allowed to just bumble along by itself, the firm smack of political control is necessary for the world to continue to turn on its axis. This is not really what the empirical evidence tells us of course.
By Tim Worstall

the-libertarian-transhumanist  asked:

Have you ever considered that when the government injects itself into the economy by mandating public student loans and healthcare, it not only kills off small businesses but also drives premiums and interest rates up due to a lack of competition?

Government mandates for coverage bought from private companies is exactly what drives up costs. The essential part of a capitalistic economy is that all transactions need to be voluntary in order for it to function optimally. 

I am fairly sure those are statements that you agree with. 

I bet our conclusions to that premise is wildly different, though. 

In order for a transaction to be voluntary, it must not be for something necessary to live. A transaction for an essential good is someone literally holding a ransom over one’s life. That is why I support a Universal Basic Income (UBI) and single payer healthcare.

A college education, on the other hand, is a public good and should be treated as such. Many more people benefit from someone attending college than just the person attending. 

I don’t think there is anyone that can argue against lower crime rates, increased governmental economic security without raising taxes and a faster growing economy. 

And that is why we should not have mandates but make college free for everyone.

- @theliberaltony

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“Crown Princess Mary  speaks to students at Copenhagen Business School (CBS) on February 22, 2017 in Copenhagen, Denmark. The Crown Princes spoke at CBS’s so-called ‘Case Competition Debate2017 - Opportunities in Crisis’. She particularly addressed the issue with women in developing countries and focused upon gender equality as a corner stone in growing the economy and the great resource women represents in this process, but often difficult to realize. In order to integrate women on the labor market employers must understand that women have a dual role, as working within the family as a mother and as a possible wage earner and the more conflicts between these two roles, the more likely would women stay at home, she said.”

Photo by Ole Jensen - Corbis/Corbis via Getty Images

anonymous asked:

The Nazi government was one of the least sustainable in history, and lost so badly that its Fuhrer killed himself in shame, and then his ashes were presumably flushed down a toilet. National Socailism doesnt exist anymore, and youre like the Wehrmact soldiers who died for a lost cause. Weak nation run by weak men. Even the Soviets somehow lasted longer than Nazis. Weaker than communists you folks are.

Okay, this one is funny to me. Because first off, Do you know how much improved under leadership of Adolf Hitler? Crime was eliminated, he brought brought back jobs for the people and got Germany out of a depression, provided housing units for the workers, fast growing economy, free healthcare and financial support to mothers expecting, 40 hour work week..

Germany was the strongest and most efficient nation back in the day and you’re telling me that the Nazi government was the least sustainable?

Now, as for National Socialism.. it still exists today because people continue to believe in it. If people continue to believe in National Socialism, it will continue to be alive.

It was a strong nation led by strong men and Hitler did not kill himself “in shame” but he would rather die by the ones he was familiar and trusted and loved by than die in the hands of the Allies if they were to get a hold of him. And that is exactly what he did.

me: dude calvin coolidge had a pet raccoon in the white house

he: ya i know. i know most raccoon trivia.

me: what about this

he: that is not a regular trash panda, you cannot fool me

me: look at it just look

my name is panda

do not confuse

with trashy panda

in the news

i secret panda

red fur so rich

and sveltest figure

i classy bitch

he: yes is panda, but is not real TRASH PANDA. has not adapted to new world. lazy and unresourceful soon to be extinct wild panda.

wild panda sleeps, chills, and plays all day in wooden suburbia.

trash panda evolve, adapt, grow smarter, integrate into new economy.

trash panda toils, accrues skills and capital, and creates smart pandas in inner city

trash panda do math

trash panda attend society events

contrast with wild pandas, who engage in white collar crime and illegal market manipulation

vote for trash panda

theguardian.com
Move Fast and Break Things review – Google, Facebook and Amazon exposed
Jonathan Taplin reveals how three companies subverted the internet’s utopian ideals
By John Naughton

Taplin’s book ranges widely over the digital landscape and ventures where most commentators rarely go. He looks, for example, at the economic impact of the digital giants and argues convincingly that they are, basically, just engines for increasing inequality. Even as the tech sector booms, we have stagnant living standards, rising inequality and a growing “precariat” in the gig economy. The revenues of Google and Facebook are colossal, and yet they employ very few people in comparison to normal companies: tech firms represent 21% of the 500 largest American firms, but employ only 3% of the workforce.

Similarly, these companies have huge mountains of cash, but invest only a fraction of these reserves in ventures that might create new industries (and jobs). Instead, their executives sit and watch their stockholdings grow exponentially, with the result that only three of the 10 richest men in the Forbes 400 list (Warren Buffett and the two Koch brothers) have not made their money from digital technology.

Move Fast and Break Things is a timely and useful book because it provides an antidote to the self-serving narrative energetically cultivated by the digital monopolies. They have had an easy ride for too long and democracies will, sooner or later, have to rein them in. The first step down that road is to stop viewing them through rose-tinted spectacles and see them for what they really are: enormously powerful corporations that move fast and break things, while minimising their tax bills and shirking the responsibilities that come with their media power.

Successful Entrepreneurs Do Six Things When Their Business Is In A Rut

Starting a business can be difficult, but sustaining and growing a business is an entirely different effort. When your business is in a rut, and you begin to sense that you are losing ground and growth momentum because you are not paying close enough attention to the details, the following six actions will serve you well as an entrepreneur – and get you back on track:

1. Critically evaluate your existing products/services.

2. Apply strategic focus.

3. Market to the right clients.

4. Be a better business person.

5. Build strong strategic partners.

One more tip for entrepreneurs.

collapsedsquid said: I believe the idea is that we want to encourage savings instead of consumption

if you put your money in the bank (in Australia) the interest you earn is taxed at the same rate as any other income, but if you buy bank shares and the economy grows and they increase in value and you sell them later you only pay tax on half the increase thanks to the capital gains tax exemption.

Violet Spotlight: Nana Apraku

“I’m very results-oriented and focused,” says Nana Apraku, a junior at Stern studying international business and management with a minor in social entrepreneurship.And if you’d asked her about her about her dream career a year ago, she would’ve had a ready answer: a goal to build a business in Ghana, where her family is from, in an effort to grow local economies and help wealth generated in Africa stay there. But now there are days when she finds herself looking at law school applications, or wondering whether she should run for office some day.

Why the sudden interest in politics? It started when Nana earned a scholarship that allowed her to study away at NYU Florence, where she got a job helping out with events for the La Pietra Dialogues. “Race was something I’d been battling, because I grew up in the Bronx, and was used to predominantly spaces of color. Manhattan is very different demographically, and sometimes I’m the only female of color in the room. I didn’t know how to have productive conversations about it—sometimes I wondered if I should even be bringing it up,” Nana reflects. “But La Pietra Dialogues encourages those types of conversations, and hearing about the different ways civilizations come together to formulate race really opened my eyes. I wanted to have a voice.”

Nana was so inspired that she and another student ended up organizing their own conference, called Black Femininity. Back in New York, she’s active within Stern’s Supporting Excellence and Advocating Diversity club, and also sits on the student committee for the 1831 Fund (from which she received a scholarship when she was a sophomore). To unwind, she plays volleyball and watches Korean dramas.

As for the next steps? “I’m not sure I’ve decided yet,” Nana says. “But I’m expanding my mind, and I know that I want to be a person who positively impacts the world.”

Know someone you’d like to see featured here? Send suggestions to nyustories@nyu.edu

Germany: economy growing but so is inequality

For all its economic success, Germany has a growing problem with inequality and poverty. As Sonia Legg reports, it even has a greater proportion of working poor than Britain, France, Hungary and Cyprus.

When we were fighting over minimum wage in BC, I did a shit ton of research on raising wages and inflation.

The difficulty over and over again in the research was it was almost impossible to tell if inflation was occurring because of minimum wage or other factors, and as we’ve seen, inflation clearly goes up steadily while wages stagnate. There are many hypotheses for this from what I’ve read, though it’s usually attributed to the credit and debt economy.

This is actually one of the major flaws in Keynsian economics called stagflation. It’s where inflation continues to grow while the economy is slow and unemployment is high. It’s a huge problem because policies that are usually used to decrease inflation increase unemployment and vice versa. We’ve been unsuccessfully grappling with this issue since the 1970s with almost no success, and the results of the neoliberal answers are stark - productivity has gone up while wages remain stagnant (the productivity wedge), the middle class is shrinking or pretty much gone, there is intense pressure on social services and it has created massive instability in traditionally stable markets, like housing.

None of these arguments are good enough to inflict so much suffering on our deskilled service workers, who are the 21st century analogs to factory workers. Once factory workers unionized, the American economy got significantly better, and it’s difficult to argue that living wages and benefits for deskilled service workers wouldn’t do the same. If we are going to do this capitalism thing, we might as well do it right for now, by supporting and creating healthy consumers for the long term, not exploiting the poor for short term profit of share holders.

anonymous asked:

So exo is having a hard time selling tickets for their american concerts. What do you think is the main reason for this? Bad timing? American fans losing interest? Not enough promotion? Bad planning? Also will the bad sales affect their future decisions for touring in America? May not be worth it when they can sell out shows in Asia.

I’ve not really looked into it, but it was my impression that sales are roughly the same as last time 1.5 years ago and it’s the same promoter as then.

And you basically answered your own question… Even if the China issue would continue for years, I’m sure SM would rather prioritize south-east-Asia as their economies grow rather than care about US/EU.

But it’s not as if “only” selling 9k tickets in arena where you can fit 13-14k is terrible… On the contrary, that’s kind of normal for US artists doing concerts. If you find it annoying that people make a huge fuss of such things, then welcome to the world of being an SNSD fan and consider it a certification of EXO’s relevance. If you want to see some hilarious stuff, then you should look up the attendance of for example JYJ (2011) and 2PM (2014) in Prudential Center or Rain’s concert in Tokyo Dome (2007). But nobody bothers to make fun of them.

yes-siree-dodd  asked:

What are some good books to read on economics?

Here is my ‘economics’ shelf. I recommend all of these.

I apologize for the long post, and I hyperlinked when possible to the tag for my blog for each book (where I’ve posted excerpts and quotes so you can get an idea of the book). I think basically your question is answered in this first paragraph I’ve block-quoted. Everything else just just extra.

Books on Economics in General:

How an Economy Grows and Why It Crashes and Economics in One Lesson are good introductory overviews about economics and economic principles in general. The former can be read in like an hour. The Bastiat Collection brings together essays from the great economist Frederic Bastiat which, despite being well over a century old are extremely easily read and impart a lot of economic wisdom. A lot of his stuff can be found online for free as well. Also Economic Controversies, while intimidating in it’s size (about 900 pages) and admittedly more difficult than the previously mentioned books, is still highly readable and will teach you an immense amount of economics. The economic journal articles contained in it cover the method of economics, the nature of economics, taxation, money, and just about every other controversy of economics. 

*

The rest are on more specific topics. Are the Rich Necessary? teaches a good deal of basic economic concepts in a very easily readable way by going through policy and popular economics issues. The kind of stuff you hear in everyday life and on tv a lot.

The Economics of Liberty and Making Economic Sense are both collections of very short Op-Ed sized pieces dealing with various economics and policy topics (trade, taxes, regulations, etc). There’s a ton of good stuff in there and they both cover a wide range of economic issues and questions.

Books on money and monetary policy I recommend are End the Fed, What has Government done to Our Money? (which is an essay really), The Gold Standard: Perspectives in the Austrian School (which is a collection of essays), The Inflation Crisis and How to Resolve It, and The Ethics of Money Production. Again, all of these are very easy. Nothing intimidating about them, but you’ll learn a lot.

Economic Facts and Fallacies uses economic concepts and statistical data to bust a lot of economic myths we hear these days (gender pay gap, income inequality stats, etc) . Markets and Minorities and Race and Economics do the same with regards to racial issues in economic policy (affirmative action, discrimination, the economic lot of minorities, etc). Depression, War, and Cold War is a collection of scholarly essays which again do a great deal in the way of dispelling common myths–the main myths busted in these essays are about the efficacy of the new deal and world war two in ending the great depression.

The Government Against the Economy and all of the books pictured above by Ludwig von Mises are all excellent and highly profitable reads about the market process and the destructive nature of various kinds of government intervention in the market.

The Conquest of Poverty and Man Vs. The Welfare State are great books using economics to examine how best to help the poorest in a given society, and how government programs have hindered that effort.

Where Keynes went Wrong and The Failure of the New Economics both are refutations of ‘Keynesian Economics’, which is currently the most influential brand of economics in all the central banks and government bureaus of the Earth. The former is a much easier read than the latter, but both are still no problem and very profitable reads.

Meltdown explains the ‘Austrian’ theory of the business  cycle and specifically applies it to the 2008 housing boom and bust. This is another one that you can read in a day and you’ll learn a lot from it.

Thanks to the Mises Institute a lot of these books are available free online through a google search and in print for very cheap. Thanks so much for asking for my input I appreciate that more than you know.

Fed Model Says `Neutral' Interest Rate Dips Back to Zero: Chart

The so-called neutral U.S. interest rate fell in the final three months of 2016, according to a widely-cited estimate produced by Fed economist Thomas Laubach and San Francisco Fed President John Williams. The theoretical rate – which is adjusted for inflation and would neither stimulate nor restrict an economy growing on trend – declined to roughly zero from 0.2 percent. The drop, which reverses a slightly rising trend in the last three quarters, suggests the Fed may not be providing as much stimulus as officials previously thought. Its benchmark rate, adjusted for core inflation, is currently -0.8 percent.

More from Bloomberg.com

Read Fed Model Says `Neutral’ Interest Rate Dips Back to Zero: Chart on bloomberg.com

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Here is something cool!

Across China, where new developments are keeping pace with the rapidly growing economy, reports continue to surface of so-called “nail houses.” These properties, standing alone amid the ruins of other buildings, belong to owners who have stood their ground and resisted demolition. Defiant property owners say the compensation being offered is too low. Some of them have remained in their homes for years as their court cases drag on and new construction continues all around them.