Economy – Page 41 – Shamskm: A site to exchange knowledge and solutions

Extreme Poverty: 2.8 Million Children in the U.S. Live on $2 per Day

By Guest PostFebruary 26, 2012Economyamerican children, children, economic climate, food stamp program, gallon of milk, h luke shaefer, harvard kennedy school, households, income, kathryn edin, national poverty center, poverty, poverty trends, snap

ANN ARBOR, Mich.— One in five households with children in poverty are surviving on the cash equivalent of a half gallon of milk per person per day in a given month.

The National Poverty Center has released a new report that examines poverty trends between 1996 and 2011. The number of households with children who are in extreme poverty in a given month—living at $2 or less in income per person per day—in 2011 totaled roughly 1.46 million households, including 2.8 million kids. This number is up from 636,000 households in 1996, nearly a 130 percent increase. (more…)

Local Cops on Front Lines Against Product Counterfeiting

By Guest PostFebruary 22, 2012Economy, Politicscounterfeit auto parts, counterfeit windshields, counterfeiting awareness, counterfeiting incidents, intellectual property offense, product counterfeiting

EAST LANSING, Mich. — Contrary to common perception, state and local police are often on the front lines against product counterfeiting, yet it’s unclear how prepared they are to deal with the growing crime, according to a new report from two Michigan State University criminologists. (more…)

New Book Says Financial Model For Higher Ed is Broken, Offers Ways To Overhaul

By Guest PostFebruary 22, 2012Economy2013 budget, american society, caucasian students, david w breneman, Economy, ethnic groups, financial model, harvard education press, higher education, hispanics, james b hunt, joni e finney, k 12 leaders, patrick m callan, paul e lingenfelter, postsecondary degree, President Obama, public policy, university of pennsylvania, university of virginia, university of washington, us system, william zumeta

Higher education, a jewel of American society and an engine of its economy, is under threat, and if the nation is to remain competitive the financial model must be overhauled, says a new book.

Authors of Financing American Higher Education in the Era of Globalization say reforming the model will take a long-term, top-level coalition composed of the president, the nation’s governors, college and K-12 leaders, and leaders in the business community. (more…)

Economic Forecast

By Guest PostFebruary 19, 2012Economy2012, americans, bruce weber, ceee, charles i plosser, clayton hall, david lyons, economic forecast, economic growth, Economy, evan krape, fiscal policy, government treasuries, jay fishman, jim o neill, joan woodward, john f kennedy, jon hilsenrath, kathryn meier, lyons companies, media experts, michael k farr, monetary policy, overdraft, philadelphia federal reserve, president bill clinton, public policy, the arrogance cycle, travelers insurancy company, unemployment, university of delaware, us debt, Wall Street Journal, Washington

*No silver bullet but hope for economy remains, experts tell audience at UD*

Analogies abounded at the 2012 Economic Forecast, where speakers compared monetary policy to turnpike driving, fiscal policy to an empty toolbox and investing to “finding the least worst house on an unstable block.”

Charles I. Plosser, president and CEO of the Philadelphia Federal Reserve, was one of three featured speakers at the annual event, which was sponsored by Lyons Companies and the University of Delaware’s Center for Economic Education and Entrepreneurship (CEEE) and held Tuesday, Feb. 14, at UD’s Clayton Hall. (more…)

Decades-old Riddle in Economics — Solved?

By Guest PostFebruary 15, 2012Economyandrew schmitz, benefit cost analysis, british economist, dollar terms, economic field, kaldor hicks, kaldor hicks measure, logical loop, logical paradox, nicholas kalder, peter kelley, policy changes, practical benefit cost analysis, pros and cons, richard just, richard zerbe, scitovsky paradox, scitovsky reversals, sir john hicks, star trek, tibor scitovsky

You could say that the economic field of benefit-cost analysis has been stuck in a loop on a specific matter for 70 years — a kind of logical figure-eight that leads not forward, but back upon itself.

And you could further say that, together with colleagues, Richard Zerbe, longtime UW professor in the Evans School of Public Affairs, may have solved this logical paradox — or at least greatly clarified it. (more…)

Ethanol Mandate Not the Best Option

By Guest PostFebruary 14, 2012Economy, Environmentamerican coalition, amount of pollution, consumers value, corn based fuel, crude oil, e85, environmental economics, ethanol, ethanol price, gasoline, government mandate, michigan state university, per gallon, price of gas, protect the environment, renewable fuel, soren anderson, taxed fuel, united states

EAST LANSING, Mich. — Many people are willing to pay a premium for ethanol, but not enough to justify the government mandate for the corn-based fuel, a Michigan State University economist argues.

Soren Anderson studied the demand for ethanol, or E85, in the United States. He found that when ethanol prices rose 10 cents per gallon, demand for ethanol fell only 12 percent to 16 percent on average. (more…)

U.S. Workers Are ‘Giving Away The Store,’ Costing Firms Billions

By Guest PostFebruary 11, 2012Economycable tv, clay voorhees, ethics, florida state university, free good, groundbreaking study, hamburger, illegal practice, insurance, michael brady, michael brusco, michigan state university, ramifications of sweethearting, recreation, retail, service employees, sports, sweethearting, tit for tat

EAST LANSING, Mich. — Nearly 70 percent of the nation’s service employees give away free goods and services – from hamburgers to cable TV – costing companies billions of dollars a year, according to a groundbreaking study.

Clay Voorhees, study co-author and marketing expert at Michigan State University, said one of the best ways to combat this illegal practice – called “sweethearting” – is through better screening of job candidates. (more…)

Consumers Willing to Buy Sustainable U.S. Cotton, MU Researchers Find

By Guest PostFebruary 8, 2012Economyapparel industry, cotton apparel, cotton farmers, sustainable cotton, sustainable practices, united states consumers

Studies show importance of transparency in U.S. apparel production

COLUMBIA, Mo. – As the interest in environmentally responsible business practices grows globally, researchers are interested in how that interest translates into consumer sales. (more…)

Category Archives: Economy