Gerdau is a big exporter, but Johannpeter says the company always prioritizes the domestic market and that he is confident the local
economy will improve this year.
Sachs urges his fellow economists to undertake "clinical economics" to alleviate poverty, diagnosing social ills and prescribing the medicines that address the particular symptoms of a particular
economy (and society).
Israel's experience with an
economy on a permanent war footing also offers a cautionary tale for the U.S.
In fact, no economic model can begin to address these issues, and there may never be a suitable mathematical methodology to describe the 21st century
economy. But there may be an approach possible through a different model, such as the theory of complexity.
Economists generally agree, however, that better economic policies, such as quicker government action to stimulate the
economy after the Crash, could have prevented the Depression.
As a consequence, the NAPM-NY non-manufacturing diffusion index, which measures the industry breadth of expansions and contractions, rose from a reading of 57.5 in March to 69.8 in April--since levels above 50 are generally indicative of expansion, the April result clearly suggests that the services side of the
economy has put the past recession behind it.
Political scandals and a faltering
economy result in the end of LDP leadership.
These shortcomings notwithstanding, this monograph makes a useful and important contribution to our understanding of the fifteenth- and early-sixteenth-century Florentine
economy. One now wishes that Tognetti would use his considerable knowledge of the sources and historiographic problems to tackle broader, more complex, and ambitious issues regarding the course of Florence's
economy in the late-medieval and early modern centuries.
Some have referred to this new form of political
economy as a "commonwealth of information," suggesting the emergence of new political and economic boundaries and new sources of identity, as the Australian IPAC report noted.
In order to pump some money into the
economy today, it would require hundreds of billions of dollars in long-term revenue loss." He cited a study by
Economy.com that showed that Bush's original proposal of eliminating the tax dividend would have produced "a pitiful nine cents of growth for every dollar in revenue loss."
In consequence, he envisioned a more positive and extensive role for the state, as rule-maker, enforcer of competition, and provider of temporary relief from the hardships and dislocations inflicted by a dynamic, competitive
economy. He saw competition and a freely-operating price system as the "core" of a free
economy; provided state interventions did not disrupt these, Ropke deemed them "compatible" with capitalism.
The social
economy includes non-profit organizations, voluntary and third sector; community based and social solidarity
economy.