The Age of Oversupply: Overcoming the Greatest Challenge to the Global Economy, Author: Daniel Alpert.
By Daniel Alpert – Present-day economic imbalances — particularly those stemming from the rapid emergence of the post-socialist nations over the past 15 years, with their associated supply of excess labor, productive capacity and global capital, relative to demand — have hamstrung the economies of the advanced nations. Such economic dislocation can no longer be resolved by any one power, or even by two or three.
Indeed, there is enormous risk today of unilateral or bilateral actions being viewed by players left out of such actions as economically threatening or even hostile, leading to economic countermeasures. The issue is compounded by the complexity of the relationships among and between developed nations on the one hand and emerging ones on the other. more> http://tinyurl.com/p727l5l
Posted in Book review, Business, EARTH WATCH, Economy, Leadership
Tagged Economic growth, Government, Industrial economy, International Monetary Fund, Leadership, Organization, Super regions, United States, World economy
English: DOE EA Capital Planning and Investment Control (Photo credit: Wikipedia)
By Mark Spitznagel – Amid all of this messy thinking we miss the simple truth behind our material wealth: It has been achieved through the accumulation, by us and inherited from our forefathers, of a stock of highly configured and embedded tools that make human effort more effective and things possible that never were before. And we turn our backs on this truth when we turn more and more of these tools over to government bureaucrats.
Profits are but an intermediate end of capital investment. Its ultimate end, in fact, is the material progression of our civilization. more> http://tinyurl.com/aemha5t
Posted in Banking, Business, Economic development, Economy
Tagged Business, Capital, Economic growth, Government, Industrial economy, Investment, Mark Spitznagel, Super regions, United States, Wealth
By Charles R. Schwab – The answer to that question is a simple test: can they ignite economic growth?
Economic growth is the only ingredient that will help pull the country out of its present funk and allow us to solve our pressing issues.
Growth is not complicated. It is a force of nature. But when it stalls, as it has for the last four years, it will not return without effective leadership. A great leader understands and applies the power of incentives to encourage growth. Incentives appeal to a basic human instinct and motivate productive choices. They are used throughout our lives from grades in school that encourage learning and higher performance, to the incentives we use at work through pay, bonuses and promotions to recognize and encourage accomplishment. Incentives are the most powerful tool a government and its leaders have to spur economic growth. more> http://tinyurl.com/97zw5yd
By Charles Kadlec – The U.S. economy has slipped into a growth recession.
The economic consequence will be either higher unemployment, a further decline in the labor force participation rate, or a combination of the two. The political consequence will be increased scrutiny of each Presidential candidate’s economic program during the debates and through the final days of the campaign. more> http://tinyurl.com/8s6ljyz
English: Cumulative Current Account Balance from 1980 till 2008. (Photo credit: Wikipedia)
By Martin Crutsinger – The deficit in the current account jumped 15.7 percent to $137.3 billion in the January-March quarter. That’s up from $118.7 billion in the final three months of last year, the Commerce Department reported Thursday.
The current account is the broadest measure of trade. It tracks the sale of merchandise and services between nations as well as investment flows.
U.S. exports of goods increased 1.6 percent to $388.5 billion. But imports rose a larger 2 percent to $583 billion. more> http://tinyurl.com/6ugd346