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Economics
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Ruined Rural Economy Of India - Neglected Preferences Part 6
The article revolve around the economic failure of Indian farmers and various factors which ruined farming sector are analyzed. It also suggest various steps to revive Indian and world agro sectors based on two theories of Som-Kalpna Spiraling Rural Economy Cycle (SKSREC) mode and Kalpna's Everlasting Economic Loop (KEEL).
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Is Mankind Outgrowing the Price System?
Some people have noted, even economists that the Price System, that we use in human societies and civilizations is outdated and unworkable. They cite the disparity between rich and poor and all the poverty in the world. To a degree one would have to admit upon thinking about it, that it is not the most perfect system, as it often rewards certain types of behavior which undermines the whole (the rest of the population) for the betterment of a few?
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Why Revitalizing Urban Slums of the World will Not Work!
For those who get a chance in their lives to visit emerging nation's urban slums it is an experience that they never forget. Most everyone who visits them feels a great deal of empathy, even the most hardcore individuals. One cannot help but think something must be done, even take up the cause themselves to push awareness, motivate volunteers, influence political will or devout their lives to aiding the sick, weak and poor.
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Supply Chain, A New Concept in India - A Success Story of the India Supply Chain Council
The Concept of Supply Chain in India is a new concept if not unofficially at least officially. India Supply Chain Council has been a pioneer in this here in India in popularizing the concept in India. The organization in its two years of existence has been very successful in its endeavor. What is supply chain all about and why is it so important in today’s global business activities. Supply Chain refers to the distribution channel of a product, from its sourcing, to its delivery to the end consumer (also known as the value chain). The supply chain is typically comprised of multiple companies who are increasingly coordinating activities via an extranet.
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When Doctors Compete - You Win
Politicians love to talk about the rising cost of healthcare in. If the trend or rising prices doesn’t change, the implications for consumers and the economy could be devastating. While many government-imposed solutions are promoted every elections cycle, maybe it’s time to allow the free market to have a chance.
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Why Folks Should Not Be Surprised of Big Stock Market Corrections
The huge market correction on February 27, 2007 should not come as any surprise to investors. If we look back at the events that led up to this market correction we see all kinds of overregulation from government regulatory bodies. The Starbase Oxley act stifled and our economy and the added cost to our corporations who were then unable to compete with foreign companies.
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Transportation and Economics in the United States
Billions if not Trillions of dollars of productivity are lost each year in our nation due to over stressed road ways. As citizens, trucking companies and government workers sit in traffic everyone loses whether it is the tax payer, consumer, employee or transportation company. Worse off we all pay by breathing in the increased CO2 that occurs due to idling cars putting out excess fumes.
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GM-Chrysler Merger Would Hurt State Budget
Auto industry is bombarded with plant closures, job cuts and vanishing confidences. And with the potential GM-Chrysler merger, it is expected that the financial system of the entire state, not only the industry, would be greatly hurt.
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The Future Super Power Struggle for World Domination
In the future both China and India with each well over one-billion in population will be vying for the top status as the great World Economic Power Houses. The United States currently has a comfortable lead with with over 3.3 times the wealth of the next closest nation in GDP. But this will change and we already see China passing Germany in the number five position.
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The Circular Flows of Economic Might
An entrepreneur is asked would he go work in China for an extremely large company there? This is an interesting question as so many recruiters are looking for folks to go to China who speak English and understand how to run a large company and have management skills. The entrepreneur thought about the incredible offer, benefits and pay and then stated;
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Can America Afford Free Health Care?
Many folks in the United States want the government to provide health care universally to all citizens and they expect the World Organizations to do this for the third world nations as well. Unfortunately, this is a huge cost and probably currently out of the realm of reality.
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A Thought I Leave With You Today on Free Markets Drifting Away
We need free-markets and we must remember the words of Adam Smith. And too that point I wish to add; Free Markets should allow winners to succeed and losers to fail, not prop up those who fail to innovate and adapt and curtail those with the innovations. Some modern day liberals say that they are leveling the playing field, yet pass legislation for raising minimum wage and regulation to create price controls.
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