List of articles for ‘Economy’
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The Occupy Wall Street Movement and the Coming Demise of Crony Capitalism
O’ brave protesters of the OWS movement, your effort will not only shape the 2012 elections, they will also end, once and for all, the brutality of the rich and powerful, who are responsible for the sorry state you are in. The change that you are about to bring will be glorified as what Abraham Lincoln did for black Americans. I hope that, with your support, Mr. Obama will be the harbinger of that change.
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America, Get Ready for the Double Dip
America, Get Ready for the Double Dip
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Weapons of Mass Exploitation
About eight years ago, there was frenzied and furious talk about WMDs, or weapons of mass destruction. Both the frenzy and the fury came from President George W. Bush and his administration, prior to the US invasion of Iraq in March 2003 and soon thereafter. The president’s poll ratings had soared in the aftermath of [...]
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Dr Ravi Batra Interview
An active PROUTist from Dallas, Apekshit Mulay, interviewed the economist Dr. Ravi Batra about America’s Debt crisis and the status quo in politics about decision on Federal Debt limit of US. This interview was recorded on May 6th 2011 afternoon at Funasia radio station in Dallas. You can listen to the interview here Ravi Batra [...]
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Krugman’s Third Depression or Collapse like 1990s Russia?
Susmit Kumar, Ph.D. According to Paul Krugman, the economy is in the early stages of a third depression and it will probably look more like the Long Depression of the 19th Century that followed the Panic of 1873 than the much more severe 1930’s Great Depression. According to him, the cost – to the world [...]
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Partners in Crime: Obesity and Poverty
Centuries ago, when obesity was a sign of wealth and power, kings and those of nobility would eat as they wished as the lower class of society struggled to find food to eat. In today’s present society these beliefs have been flipped upside down. Those with a low socioeconomic status encompass the overweight majority and [...]
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University’s international students face economic difficulties
University’s international students face economic difficulties By Shambhu Sharan The recent economic downturn hurt many university students. The students, who graduated or are graduating soon, face difficulties paying their different bills. Most students have jobs. However, the international students have many more problems. The University of Texas at Arlington’s international students makes up 10 percent [...]
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News Fom New York
Nada Khader has been invited to a forum at the United Nations on June 25th that will explore the harmful impact of neo-liberalist economics on Latin America. She has been invited by the Bolivian Ambassador’s wife and she will be meeting with President Morales of Bolivia as well as President Correa of Ecuador. Nada has [...]
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Reflections from PROUT’s 50th Anniversary
50th Anniversary Seminar Though I have a bachelor’s degree in Economics, working on my Masters in Business Administration, it was difficult for me to digest the PROUT philosophy in the beginning. I have tried to remain open and keep my patience through my initial studies of PROUT, which contradicted many of the ideas I’ve been [...]
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Small businesses affected by current economic crisis
By Shambhu Sharan Large businesses import goods from the other countries in large quantities at a lower price, but the small businesses buy their products locally, which are more expensive. That has impacted small businesses. The current economic downturn has hurt small businesses in the U.S. and also across the Metroplex. Southern Methodist University economics [...]