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The policy an solutions for the U.S. and Europe offered by Pearlstein (on the economy), Krauthammer (for deficit reduction), and Nye (for defense).
08/04/2011
The sensible solutions for attacking problems the U.S. and Europe face on the economy, debt and deficit reduction, and on defense needs. Nye uses ideas from U.S. President Eisenhower, Krauthammer uses efficiency anf fairness and ideas of the Bowles-Simpson Commission , and Pearlstein uses a grounded approach. Nye in the New York Times, Pearlstein and Krauthammer in the Washington Post, on August 5, 2011, in the midst of considerable uncertainty and anxiety about the future.
Linked Articles
The Right Way to Trim Military Spending
New York Times 08/04/2011
Steven Pearlstein: The global economy comes to the end of its string - The Washington PostWashington Post 08/05/2011
Small spurts in U.S. real estate markets from foreign or out of state buyers that fizzle out- S. Florida and Phoenix, Arizona
07/26/2011
Sporadic bursts of activity in real estate markets first in Miami in 2011 and then in Phoenix. The surge in activity is from buyers from Brazil for S. Florida, and buyers from Canada for Phoenix, as well as out of state buyers looking for speculative or rental properties to rent out to homeowners who go into foreclosure. The buyers from Canada and Brazil are in these markets because of a real estate bubble of their own in their home countries and is hardly the basis for a dependable recovery on housing prices, as the IMF has signalled a warning light for economies such as Brazil.
Linked Articles
Rise in Phoenix Housing Shows Path for Other Cities
Wall Street Journal 03/13/2012
Affluent Buyers Reviving Market for Miami HomesNew York Times 07/26/2011
The politicizing of the 2011 budget process- Obama, Cantor and McConnell (1)
07/14/2011
The negotiations taking place for the U.S. budget behind closed doors is against the spirit of the Budget Act of 1974, says a former CBO assistant general counsel and Stanford professor of constitutional law. The law requires transparency and accountability and sets forth a process for public scrutiny of the budget in Congressional hearings. This has not happened and in its place both political parties are seeing this as a start to the 2012 presidential election, with the public sorely left out of the process.
Linked Articles
Budget Shell Games Are Contrary to Law
Wall Street Journal 07/14/2011
Top Democrats laud GOP debt-ceiling move - The Washington PostWashington Post 07/14/2011
Deficit reduction talks between the Obama White House and Republicans in July 2011.
07/07/2011
The talks are part of an effort to reach agreement on raising the debt ceiling by an August 2011 deadline. Skepticism among Democrats about the talks and the deep cuts proposed that could lead to a setback for the economy.
Linked Articles
Negotiating the Debt Ceiling on a Knife's Edge
New York Times 07/07/2011
What Obama WantsNew York Times 07/07/2011
The June 2011 European Union plan for Greece faces strong criticism for being unworkable
07/01/2011
This plans doubles the interest rate for Greece debt owed to French and German banks under a French banking proposal. Sharp spending cuts and tax increases face opposition inside Greece and their negative impact on economic growth may leave Greece with a much larger debt to GDP ratio in 2011 than in 2010.
Linked Articles
Greece and the euro: The abuses of austerity
Economist 07/02/2011
Move Buys Time for Greece, But Growing Debt LoomsWall Street Journal 07/01/2011
The Wall Street Journal calls the June 2011 E.U. plan for Greece "the French deception," and the Economist says it is doomed to failure
06/30/2011
Doubling the interest rate on loans owed by Greece to French and German banks is called "the French deception" by the Journal . The Economist sees the sharp spending cuts and tax increases having enough detrimental impact on economic growth to make the debt load larger than before.
Linked Articles
Greece and the euro: The abuses of austerity
Economist 07/02/2011
The French DeceptionWall Street Journal 06/30/2011
Lawrence Lindsey says the Fed has got itself boxed in with little choice but to keep interest rates low
06/15/2011
Federal Flow of Funds Report for 2011 by the U.S. Federal Reserve shows 61% of net Treasury issuance was purchased by the Fed. Lindsey points out that the Fed has itself boxed in to keep rates low for years because for the U.S. government to borrow at more normal rates of 5.7% rather than the 2.5% at which it borrows today, would mean an addition $800 billion in interest costs by 2021.
Linked Articles
Demand for U.S. Debt Is Not Limitless
Wall Street Journal 03/28/2012
Notable & QuotableWall Street Journal 06/15/2011
The signs of slower growth in China in 2012-2015 and what this means for commodity producer countries and producer countries of high tech machinery
06/09/2011
How the slower growth will affect commodity exporters Australia, Canada, Chile, S. Africa and high tech machinery exporters like Germany and the U.S.
Linked Articles
What a China Slowdown Means for the World
Wall Street Journal 06/09/2011
In China, Sobering Signs of Slower GrowthNew York Times 03/05/2012
Hope and reality in Nigeria (1)- Goodluck Jonathan, president of Nigeria, 2011-2015, and president Muhammadu Buhari 2015-2019
05/28/2011
There is hope in Nigeria in 2015 with the election of Muhammadu Buhari as president. There was hope in Nigeria in 2011 with the election of Jonathan Goodluck as president. Are too many young people in Africa and Asia seeing their hopes dashed and their dreams vanish? Will the demographic dividend be wasted in corrupt systems and inefficient management of the economy and resources? These are questions on so many young people's minds as two of the largest populated countries on the planet face new administrations and new hope for the future.
Linked Articles
Nigeria Is a Case Study in the Curse of Oil
Wall Street Journal 04/03/2015
Nigeria's prospects: A man and a morassEconomist 05/28/2011
Basic misunderstanding- (1) one point in the Israel- U.S. relationship on May 20, 2011, with president Obama's call for a return to pre-1967 borders
05/20/2011
When Ambassador Oren says Obama abandoned Israel, he refers to the "surprises" and "no daylight" or open disagreements that marked the relationship during the two terms of the Obama administration. One such point was on May 20, 2011, with Obama's call for pre-1967 borders.
Linked Articles
Wall Street Journal 06/16/2015
Netanyahu Rejects Obama Compromises on TalksNew York Times 05/20/2011
Contrasting approaches of Germany and Japan after the Fukushima nuclear plant disaster in Japan
05/11/2011
Linked Articles
Panel Urges Germany to Close Nuclear Plants by 2021
New York Times 05/11/2011
Japan's Ex-Premier, Naoto Kan, Condemns Nuclear PowerNew York Times 05/28/2012
Pfizer's focus on its core pharmaceutical business in 2011-2015
05/02/2011
Rockoff's interview with Pfizer CEO, Ian Read, in which Read describes his strategy of focussing on new drug development and locating closer to hubs with large universities and research centers such as La Jolla, Cambridge, Massachusetts, and Cambridge, England. Pfizer sold its infant nutrition business to Nestle as part of this plan.
Linked Articles
Pfizer Profit Declines 19% After Loss of Lipitor Patent
New York Times 05/01/2012
Life Beyond Lipitor for Pfizer ChiefWall Street Journal 05/02/2011
How U.S. student debt of over $1 trillion in 2011 can delay a recovery in the U.S. housing market and have serious implications for the U.S. economy
04/11/2011
Linked Articles
Student-Loan Debt Tops $1 Trillion
Wall Street Journal 03/22/2012
College Loans Weigh Heavier on GraduatesNew York Times 04/11/2011
As Republican leaders shift strategy to allow debt limit increases in 2014 - (1) the Tea party position was not what it was thought to be
08/01/2011
Linked Articles
GOP Backs Off Fight on Debt Limit
Wall Street Journal 02/12/2014
That Monolithic Tea Party Just Wasnât ThereNew York Times 08/01/2011
Black people in the U.S. and declining economic advancement in 2008-2016
07/26/2011
Black people see fewer opportunities in the public sector in 2015. The black community has hardly recovered from the damaging effects of foreclosures and higher unemployment following the financial crisis of 2008, and the gap between whites and black people has widened during the last ten years.
Linked Articles
Public-Sector Jobs Vanish, Hitting Blacks Hard
New York Times 05/24/2015
Wealth gap widens between whites, minorities, report says - The Washington PostWashington Post 07/26/2011
The closed door budget negotiations between Republicans Boehner and Cantor and the Obama White House
07/12/2011
The closed door negotiating sessions puts the budget process outside the public scrutiny that is required by law. The lack of accountability and transparency. The use of the budget and competing claims to turn this into the first phase of the 2012 U.S. presidential election.
Linked Articles
Budget Shell Games Are Contrary to Law
Wall Street Journal 07/14/2011
Cantor emerges as key player in debt negotiations - The Washington PostWashington Post 07/12/2011
The emphasis on broader education, broader perspective and culture in business education- 2010-2015
07/07/2011
Interdisciplinary learning and intercultural capabilities will be needed to prepare managers to take on responsibilities in the business world for the next decade.
Linked Articles
Columbia's Business Dean on Disclosure, Leading, Ethics
Wall Street Journal 07/07/2011
IE's Entrepreneurial Focus Shields It From a ShakeoutWall Street Journal 12/01/2011
Risks in emerging markets in 2012-2013- Turkey (1)
07/01/2011
A sea of liquidity is undermining the economy in Turkey and Brazil in 2012-2013.
Linked Articles
Turkey's Economy Surged 11% in Quarter
Wall Street Journal 07/01/2011
Turkey's Credit-Card CrunchBusinessWeek 10/27/2011
Increasing domestic consumption in Saudi Arabia will diminish reserve supplies and put pressure on oil prices in 2012-2013
06/23/2011
Saudi domestic consumption increasing at 10% a year will diminsh the Saudi role as a reserve supplier. Estimates are for zero reserve supplies by 2020 and oil imports by 2038, so large is the effect of growing use of oil at home. The Arab Spring means subsidies and social spending will increase, supporting continuing use of oil at current levels for a rapidly growing population.
Linked Articles
The End of the Saudi Oil Reserve Margin
Wall Street Journal 04/03/2012
Rising Saudi Thirst for Oil Drives Plans to Go NuclearWall Street Journal 06/23/2011
Declining demand for gold in China by 2014-2015 and the future for gold prices
06/14/2011
Linked Articles
Cooling Chinese Demand for Gold Adds to Metal’s Gloomy Global Outlook
Wall Street Journal 11/04/2014
Investors Going for the Gold in China May Want to ReconsiderWall Street Journal 06/14/2011
Impact of a slowdown in China and a global slowdown on different countries
06/08/2011
A slowdown in China will affect commodity exporting countries such as Australia, Brazil and Chile, and exporters of machinery such as Germany and Japan. A global economic slowdown will make it harder for troubled eurozone countries such as Greece, Ireland, Portugal and Spain to reduce their debt burden. It will affect U.S. exports which are increasing in 2011, and are the one bright spot for a economic recovery.
Linked Articles
What a China Slowdown Means for the World
Wall Street Journal 06/09/2011
Euro-Zone Cuts Face World of PainWall Street Journal 06/08/2011
Brazil's uneven economic development with growth focussed on export based mining and agriculture
05/21/2011
As the commodities boom fades Brazil's growth slows to 1% in 2012 after the rapid growth in the years under president Lula. Stiglitz and Sen pointed to this kind of uneven development with the neglect of education, healthcare and other public services. This is true also of economic development in China focussed on export industries, with the added cost of environmental degradation. Street protests in June 2013 in many Brazilian cities from Porto Alegre and Curitiba to Rio and Sao Paulo showed popular discontnet with the situation under president Rouseff.
Linked Articles
Brazil's north-east: Catching up in a hurry
Economist 05/21/2011
Anger Spills Onto Brazil's StreetsWall Street Journal 06/18/2013
Contrasting approaches of Germany and France after the Fukushima nuclear plant disaster in Japan
05/11/2011
Linked Articles
Panel Urges Germany to Close Nuclear Plants by 2021
New York Times 05/11/2011
France's Election Heats Up over Nuclear PowerBusinessWeek 12/01/2011
The contrasting approaches of China and Germany after the Fukushima nuclear plant disaster in Japan
05/11/2011
Linked Articles
China Nuclear Firm Plans Up to $27 Billion IPO
Wall Street Journal 06/06/2012
Panel Urges Germany to Close Nuclear Plants by 2021New York Times 05/11/2011
Pfizer and Merck organize R&D using international innovation hubs- 2011-2015
05/02/2011
Efforts to tap into the latest external science at universities and research centers outside company labs is leading pharmaceutical companies to try a different approach to R&D. Pfizer closed its R&D facility in Sandwich, England and opened one in Cambridge. It opened hubs in Boston, La Jolla. Merck has followed this approach with a decision to setup innovaton hubs in Boston, San Francisco, London and Shanghai.
Linked Articles
Merck Plans Radical Overhaul of Drug R&D Unit
Wall Street Journal 12/28/2013
Life Beyond Lipitor for Pfizer ChiefWall Street Journal 05/02/2011
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