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Economics

Is the WTO Really Failing

Some say that the World Trade Organization or WTO is failing? Is it really failing for everyone? It certainly is not failing for China, India and other exporting countries with lots of cheap labor. We see many nations with extremely high growth rates up near 10% per year and that is significant indeed.


Baseball & Rawlings Bring New Meaning to Free Trade

It is not too late for MLB and its superstars to take a stand on workers’ rights, regardless of lax U.S. laws in the world of free trade and its agreements’ legal loopholes.


Genetically Modified Crops to Make Ethanol

There are many environmental issues that must be discussed if America is to grow her own fuel. Specifically if we grow ethanol to replace gasoline and therefore breaking our addiction to foreign Middle Eastern oil and we must consider exactly how this will be done. We will need specially genetically modified crops to make ethanol which do not use too much water.


Biofuels and Future Potential Problems Down the Road

It is quite possible that there will be future potential problems and issues with biofuels down the road. For instance if we are to break our addiction to Middle Eastern foreign oil we will need to produce 15% or more of our fuel by growing it here in the United States Midwest


Issues With Water Supply and Ethanol

If the United States of America is to remove the addiction to Middle Eastern Foreign Oil then we need to get serious about the effect of long-term droughts in the Midwest and the issues of water supply. In states such as North Dakota, South Dakota, Nebraska, Iowa and Kansas there can be serious long-term droughts, which will affect our ability to grow our own fuel.


1,600 Mortgage Jobs Lost in May

Approximately 1,600 full-time positions were lost last month in the mortgage banker and broker sector, according to the latest report by the U.S. Bureau of Labor Statistics.


Energy And The Rise And Fall Of Civilizations

Energy as the catalyst to progress in the context of human societies.


Globalization - Economic Dimension

This article will provide brief overview about the concepts of globalization, three primary strands of globalization and discussion of its economic dimension.


Re-Populate US with Mexicans to Guarantee GDP Economic Growth

The American Middle Class is not populating fast enough; that is to say we have an aging population, but we are not having enough kids to support and run our nation and insure proper capacity, output and productivity to continue to grow our GDP at this rate, but we are not alone.


Over Taxation Still Exists; Look at the Gasoline Taxes Sometime!

Sure, we have had tax cuts and this is one major great thing that the Bush administration has done, no matter how you feel about their other policies they have cut taxes. The government needs to go on a diet just like most Americans who are overweight.


Explaining The Unemployment Rate: Facts and Myths

This article explains some of the facts and myths about the unemployment rate.


Prospect And Analysis Of China's Future Economy Growth

China will become the world's safest and largest investment economy in times to come given the following factors: huge market potential, rich labour resources etc. This article gives prospect and analysis of China economy in the next 15 years.


Without Respect, Firefighters May Soon Be Gone With the Wind

Oh, look! Atlanta Mayor Shirley Franklin wants to give the firefighters a 0% raise. She likes to make these fights an annual event!


The Truth about the Economy

This morning, and in fact every morning for the past few weeks, one of the first news stories has been the state of the economy. It seems that the stock market is falling and many people are worried about this. I, on the other hand, actually see this as a good thing. So, how can I be so optimistic when everyone else is spreading doom and gloom? The answer is so simple, it may surprise you.


Monetary Outflows to China Significant

While the Bank of China prepares for an IPO and investors will be watching all those rather interesting shall we say bad loans, we see our trade deficit with China go ballistic. In May China’s finance minister noted a surge of 44% in their trade surplus with the United States.


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