Letter to the Marquis de Lafayette 25 July As the complexion of European politics seems now from letters I have received from the Marqs. My first wish is to see this plague to mankind banished from off the Earth, and the sons and Daughters of this world employed in more pleasing and innocent amusements, than in preparing implements and exercising them for the destruction of mankind:
Some people continue to defend trickle-down theories, which assume [? This opinion, which has never been confirmed by the facts [! Pope Francis IEvangelii Gaudium, "The Joy of the Gospel," November 26,exclamations and questions added, The European Dream, with its emphasis on collective responsibility and global consciousness Jeremy Rifkin, "The European Dream," Europe is an economic success, and that success shows that social democracy works.
Guess a Nobel [i. Toomas Hendrik Ilves, President of Estoniaa graduate of Columbia University, in response to a blog post by the Keynesian Paul Krugman about the "incomplete recovery" of Estonia from the European recession, June 6, Now, what we're doing, I want to be clear, we're not trying to push financial reform because we begrudge success that's fairly earned.
I mean, I do think at a certain point you've made enough money. Like them, he has driven the U. Then again, neither of his predecessors had such visible evidence of where social democracy ultimately leads.
What's this president's excuse? Referendum on Europe," The Wall Street Journal, Tuesday, January 3, Economists agree that a large capital stock is a key ingredient for prosperity, as it expands our productive capacity and raises worker productivity, which in turns increases wages and consumer purchasing power.
Our capital stock is comparatively much smaller today than it was before the Great Depression.
This isn't complex economic theory; it's something we all know from our personal experience. Where there is investment -- a new factory or distribution facility being built, a new store about to open, new software being installed -- that is where new jobs are created. It is no coincidence that during this period of subpar growth, private capital investment as a percentage of our economy is at post-World-War II lows.
A19 Capital goes where it's welcome and stays where it's well treated. Walter WristonCiticorp Chairman, All economic problems are about removing impediments to supply, not demand. But Keynes, unlike many of his followers, was not a man of the left. Barro Harvard"Keynesian Economics vs.
Regular Economics," The Wall Street Journal, Wednesday, August 24, regarding the demand side "multiplier" The principle of Keynesian economics is to stimulate demand. This done by distorting the labor market through artificially inflating wages or actually fixing wages.
Price manipulation and price fixing always result in either surpluses or shortages of what is manipulated. This part of Keynesian strategy thus increases unemployment, which is the surplus of labor. The other part of the strategy is public spending, which always ends up being done for political rather than economic reasons, in part because governments cannot successfully engage in macroeconomic calculation.
This was predicted by von Mises and Hayek and demonstrated, not just by the economies of the Soviet block, but by almost every government spending program that has ever existed.
Government spending also siphons off capital from the private economy, which inhibits hiring, production, and investment. The whole Keynesian program is thus grotesquely counterproductive, except to the privileged and often connected few to whom the inflated incomes and government money actually flow.
Enklinobarangus They've already pumped endless amounts of money into the economy The results are dismal. And so suddenly businesses are doing well, the economy is doing well, and we get into a virtuous cycle. And we go up We believe that when a CEO pays his auto workers enough to buy the cars that they build, the whole economy does better.
The real job creators are the vast middle class and the poor, whose spending induces businesses to create jobs. That is why raising the minimum wage, extending overtime protection, enlarging the Earned Income Tax Credit, and reducing middle-class taxes are all necessary.
Robert Reich, Secretary of Labor,Mar 10, -- so how does a new business hire people before selling anything? Hillary Clinton, at a Democratic rally in Massachusetts, October 24,There is no alternative to strong economic growth.
The missing piece is a global growth agenda led by a U. The natural or default minimum wage is not any positive number.
If an employer cannot afford to pay the legal "minimum wage" for the work that an employee does for him, the worker's wage reverts to the natural minimum -- zero.Essay on Franklin D. Roosevelt: an Influential Leader Words | 6 Pages. Franklin D. Roosevelt: An Influential Leader Franklin Delano Roosevelt (FDR) was a man of unusual charm and great optimism, which he was able to communicate to others.
President Franklin D. Roosevelt Essay Sample. Also, this essay was originally written as a DBQ essay. I tried to sift through and change things accordingly, but be sure to keep an eye out for references to documents that I may have missed.
Franklin D. Roosevelt Presidential resources including biography, election results, family information, speeches, historic sites and more.
ALEXANDER HAMILTON was born a British subject on the island of Nevis in the West Indies on January 11, His father was James Hamilton, a Scottish merchant of St. Christopher. Hamilton's mother was Rachael Fawcette Levine, of French Huguenot descent.
In this lesson, students gain a sense of the dramatic effect of FDR's voice on his audience, see the scope of what he was proposing in these first two "Fireside Chats," and make an overall analysis of why the series of speeches were so successful.
Not many people know this, but the day before the Japanese attacked Pearl Harbor, President Franklin D. Roosevelt wrote to Japanese Emperor Hirohito.