The Productivity Commission (PC) of the Australian federal government has produced a number of reports in recent (and past) years on higher education. These well-researched and well-resourced studies provide an ideal foundation for exploring and explaining the history of, issues in and likely drivers for the “Disaster Down Under” … with possible lessons for the USA.
Clarity is a virtue, and if overlooking critical nuances can mean readers end up more confused after reading one’s work, that’s not very useful, to put things mildly.
The European Union’s objections to Volkswagen’s future factory in a non-EU state reveals that the Brussels bureaucracy doesn’t really want to help poor nations.
The movie “Hustlers” is generating Oscar buzz and box office cash. Words like “empowering” and “so much effing fun” are describing the JLo vehicle, based on the 2015 New York Magazine article “The Hustlers at Scores,” penned by Jessica Pressler. Ramona (Lopez) and Destiny (Constance Wu) have been described as entrepreneurial for their client fishing, drugging, and stealing exploits.
In most cultures, profit is seen as the outcome of exploitation of some individuals by some other individuals. Hence, anyone who is seen as striving to make profits is regarded as bad news and the enemy of society and must be stopped in time from inflicting damage.
Profit however, has nothing to do with exploitation — it is about the most efficient use of real savings. Profit should be seen as an indicator of whether or not real savings are employed in the best possible way, as far as promoting people’s life and wellbeing is concerned.
Argentina is a country known for its constant political-economic instability and recurrent crises. Since the return of democracy in 1983, Argentine society has gone through two hyperinflationary outbreaks (1989 and 1990), an astronomical crisis in 2001, and a foreign debt default that same year.
Twenty-five years since the election of Nelson Mandela as president of South Africa, the country remains home to some of the most market-invasive, race-based economic policies in the world. At the heart of this system are provisions for Affirmative Action (AA) and unique statutory measures for Black Economic Empowerment (BEE). These laws are suffocating the South African economy.
Elizabeth Warren is among the strongest contenders and Democratic hopefuls for the presidential election of 2020. During the fourth Democratic debate, on October 15, her “Wealth Tax Plan” received close attention as to how it could reduce income inequality in the United States.
