EconWatch.com > July 27, 2006

What Is China?

[Brad DeLong's Semi-Daily Journal] Many of China's policies including EPZs, capital controls, the undervalued Yuan, the propping up of US deficits, and now its investment in strategic industries such as petroleum are mercantilist in the extreme: designed to boost economic growth from the top down by favoring large corporations and their foreign partners. Little thought is given either to income distribution or to the welfare of Chinese consumers _overall_ (as opposed to those who are simply fortunate enough to work directly or indirectly for the export industries, ie in the major cities).

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Japanese Foreign Trade narrows.

[Dismally, as it relates to the markets.] Obviously, the Japanese have been swallowing the price of energy increases in stride.  In fact, although there are signs that inflation is starting to brew, the CPI hasn't really budged all that much.  In fact, GDP for Japan is improving along the way.  Perhaps the economy in Japan is a little healthier than what some would like to think.  Perhaps there is more room for interest rate increases.  Perhaps.

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Posted at 05:55 AM

July 27, 2006

What Is China?

[Brad DeLong's Semi-Daily Journal] Many of China's policies including EPZs, capital controls, the undervalued Yuan, the propping up of US deficits, and now its investment in strategic industries such as petroleum are mercantilist in the extreme: designed to boost economic growth from the top down by favoring large corporations and their foreign partners. Little thought is given either to income distribution or to the welfare of Chinese consumers _overall_ (as opposed to those who are simply fortunate enough to work directly or indirectly for the export industries, ie in the major cities).

Read related posts for „What Is China?“.

Posted at 05:55 AM

Japanese Foreign Trade narrows.

[Dismally, as it relates to the markets.] Obviously, the Japanese have been swallowing the price of energy increases in stride.  In fact, although there are signs that inflation is starting to brew, the CPI hasn't really budged all that much.  In fact, GDP for Japan is improving along the way.  Perhaps the economy in Japan is a little healthier than what some would like to think.  Perhaps there is more room for interest rate increases.  Perhaps.

Read related posts for „Japanese Foreign Trade narrows.“.

Posted at 05:55 AM

July 23, 2006

Independence v Liberty - L’Afrique toujours mal partie

[Sardanapale] This debate arises from the acknowledgment that in purely economic terms most individuals within most African states south of the Sahara are worse off now that their parents and grandparents were under colonial rule.”

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Posted at 05:57 AM

Question about Yahoo and the Broadcasting Treaty

 [ LibrarianActivist.org] Recent news in the copyright world is Yahoo’s leaving digital rights management (DRM) off Jessica Simpson’s new song and making the download of the song playable on most platforms (my first guess was that they’re doing it because the song is so terrible that this is the only way they’ll be able to get people to watch or listen to it). So, presumably, the song can now be copied onto CDs and whatnot.

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Posted at 05:56 AM

July 21, 2006

Globalization Lessons from the World Cup

[Economist's View] Branko Milanovic, an economist at the Carnegie Endowment for International Peace, looks for lessons about globalization from the World Cup. Does globalization lead to a concentration of wealth and power?:

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Posted at 05:58 AM

First Fair Trade Town in USA

[ThingsAreGood.com] Buying fair trade is increasing in popularity, as any ThingsAreGood reader already knows, but it has taken a little longer for the World Bank to catch on. On the WB’s private sector development blog they announced today that fair trade is popular.

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Posted at 05:56 AM

July 17, 2006

Stiglitz and Rashid: Free Trade Hypocrisy

[Economist's View] America's new trade hypocrisy, by Joseph Stiglitz and Hamidur Rashid, Project Syndicate: As the current "development round" of trade talks moves into its final stages, it is becoming increasingly clear that the goal of promoting development will not be served, and that the multilateral trade system will be undermined.

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Posted at 05:57 AM

Eyes Opened

 [Pajamas Media] A delegation of U.S. cotton farmers visiting West Africa said Washington’s multi-billion dollar subsidies to its cotton industry were “worsening hardship in the world’s poorest region … “Subventions are causing problems to farmers in Mali, we have realized on the ground.

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Posted at 05:56 AM

July 15, 2006

Former USTR Zoellick Keeps Dancin

 [Lift While Climbing] Just weeks after former US Trade Representative Robert Zoellick left the State Department to go to Goldman Sachs (where the new Sec of Treasury, Henry Paulson, was last situated), he was pulled back in under who else but the new Sec of Treasury, Henry Paulson.

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Posted at 05:57 AM

Economics Project Video

 [Youtube.com] From wongszeho: This is an economics project video that i made featuring ALEX MAAAAA... 777777777!!!! , tagged with Hong Kong economics Alex Ma

• Published: Jun 8, 2006
• Views: 182 (3 Comments)
• Rating:

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Posted at 05:56 AM

July 11, 2006

In Africa, it's now India vs China

 [The News is NowPublic.com | NowPublic.com: The News is Now Public] In Africa, it's now India vs China rediff.com: "After having wowed the West, India is now looking at Africa." trade, International, India, economics...

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Posted at 05:59 AM

A Community College Dean Looks at the Macroeconomic Situation, and Panics

[Brad DeLong's Semi-Daily Journal] Confessions of a Community College Dean: In Which I Get a Little Panicky: I'm not an economist. Readers who actually understand economics are invited to explain why I'm off my rocker on this one....

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Posted at 05:56 AM

July 09, 2006

POLITICS: No Deal on Illegal Gun Trade

 [The News is NowPublic.com | NowPublic.com: The News is Now Public] A major United Nations conference ended here Friday without agreeing on a document to push for stronger international efforts to curb the illegal trade in guns and other small weapons around the world.

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Posted at 05:55 AM

Business briefs from Latin America

 [The Latin Americanist] -Latin American stocks rose modestly over the past week with Mexico taking the lead amidst hope by investors of a presidential victory by Felipe Calderon. -The bankruptcy of Brazilian national airline Varig will cost Brazil $1.3 billion in lost revenue as 1 million less tourists are expected to visit the country.

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Posted at 05:54 AM

July 05, 2006

Federal Open Market Committee Statement 05/10/06

 [Republican National Convention Blog NYC 2004] Bernanke and Ben Bernanke or Bernanke and Federal Reserve or Chairman of the Federal Reserve and Monetary policy or Federal Open Market Committee and federal funds rate The Federal Open Market Committee decided today to raise its target for the federal funds rate by 25 basis points to 5 percent. Economic growth has been quite strong so far this year.

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Posted at 05:56 AM

Excus-a me baby. You wanting to dancing?

 [Youtube.com] From gooberdude: A short bollywood spoof featuring an Indian and Chinese cast. It's the classic tale of Indian guy meets Chinese girl. As Indian guys tend to be hairy and nerdy, we must use our totally awesome dancing skills to win our way into a girl's heart. (We made this for our econ. class in a project about the Chinese and Indian economies) , tagged with bollywood funny india china dance music economics

• Published: Jun 11, 2006
• Views: 475 (8 Comments)
• Rating:

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Posted at 05:55 AM

July 03, 2006

Liberty and Economics

 [Youtube.com] From misesmedia: What kind of man was Ludwig von Mises? As this unique film shows, Mises (1881-1973) was a man who never stopped fighting for freedom: not when the Nazis burned his books, not when the Left blackballed him at universities, not when it seemed as if statism had won. With courage and genius, he fought big government until the day he died ... in 25 books, hundreds of articles, and more than 60 years of teaching. Mises's battles against Communists, Nazis, and other socialists, are featured in this film, as are his ideas of Liberty. There is also the old Vienna he loved, the Bolshevik prime minister he dissuaded from Communism, and a cast of villains from Lenin to Hitler, as well as such supporters and students as Murray Rothbard, Ron Paul, Bettina Greaves, M. Stanton Evans, Mary Peterson, Joseph Sobran, and Yuri Maltsev. Among his many accomplishments, Mises showed that socialism had to fail, that central banking causes recessions and depressions, that the gold standard is honest money, and that only laissez-faire capitalism is fully compatible with Western civilization. Mises was the twentieth century's foremost economist, and one of its most important champions of Liberty. Here is a film that does justice to this extraordinary man, and to his equally extraordinary ideas. , tagged with Ludwig von Mises Austrian Economics Liberty Freedom Capitalism Free Market Socialism

• Published: Feb 23, 2006
• Views: 491 (19 Comments)
• Rating:

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Posted at 05:50 AM