99% people in any democratic nation cannot vote according to their conscience.
And capitalism is not scalable in globalized economy because...
I think the ideal GDP composition should be
Services = 40%
Agriculture = 30%
Manufacturing = 30%
At present 70% Irish are dependent on...
QE2 is a treatment. It doesn't cure.
Engineers, Doctors, Lawyers, CA etc produce stuff and MBAs sell that stuff.
You don't need MBA if you're rich and connected.
Refugees e.g. Albert Einstein & H1Bs e.g. Linus Torvalds contributed to the prosperity of America.
Why can't Americans move to developing...
Clinton successfully faced Outsourcing with Insourcing.
Obama is trying to counter Outsourcing with Protectionism.
India is destined to fail due to ZERO http://goo.gl/K8Pg
Economic mobility != Social mobility
1. Imports goods from China.
2. Refurbish those goods and export them back to China.
Imports goods from China.
Refurbish those goods and export them back to China.
I WAS sorry to hear that the Far Eastern Economic Review has closed. My colleague Banyan has a good column pondering what this tells us about...
What other options does Fed have?
Does it mean India with 17,000 cultures is destined to fail?
America is different post 1990
Chinese officials attending the G-20 summit along with President Hu Jintao said that the US proposal capping the ratio of current account balances...
I prefer a limit on market capitalization.
UNSC is incomplete without the representation of 1+ billion people.
I doubt it.
Otherwise Wikileaks would have revealed the details long time back.
With just 5% of its $215 billion budget, Govt can provide Free Health Care http://goo.gl/LXMG to all 1+ billion Indians.
But your MLAs and MPs...
Separate names with a comma.