*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…)
COLLEGE PARK, Md. – A weak housing market, tight credit for small businesses, no significant growth in the banking sector, anemic consumer spending, and modest sales for retailers – that’s the outlook for 2012 according to experts at the University of Maryland’s Robert H. Smith School of Business.
“Several important dynamics frame the 2012 economic outlook,” says Cliff Rossi, Tyser Teacher Fellow and executive-in-residence. These factors include:
Massive financial leveraging across the board by sovereign countries, state and local governments, banks, businesses, and individuals;
Fear and uncertainty among consumers and investors, despite faint signs of optimism at times;
Political self-interest and brinksmanship increasingly interfering with effective policy making. (more…)
*Jaron Lanier has spent decades thinking about technology and the ways we use – and misuse – it. He also has been thinking long and hard about using avatars to access the untapped potential of our brains.*
REDMOND, Wash. – Nov. 9, 2011 – One evening last November, Jaron Lanier queued up outside a video game store in California and counted down the minutes until he could buy Kinect for Xbox 360. Lanier – a technologist, computer scientist, composer, and one of Time magazine’s “100 Most Influential People of 2010 – was just as excited to get his hands on Microsoft’s motion-sensing camera as the other gamers in line, most of whom he quickly realized were half his age. He was only slightly embarrassed by the observation.
“As a grownup and as a father I can’t believe I did that,” said Lanier, a partner architect for Microsoft Research. “But I was just so amazed it was really happening.” (more…)
In the next ten years, prices for agricultural products in the world will grow in real terms by 15-40%, say experts from the Organization for Economic Cooperation and Development and the Food and Agriculture Organization of the UN. The reason for it is the increasing demand for food in developing countries and production of biofuels.
It can be true for the 78 years old News Corp.’s ‘Big Boss’ Mr. Rupert Murdoch. If his plans produce ‘golden eggs’ then undoubtedly he is the ‘Hero’ – a revolutionary. OK, Capitalist Revolutionary. 🙂
Theme is: Twitter. Everyone knows what Twitter is or what’s a Twitter.It’s a micro-blogging platform, more precisely a real-world conversation, open, public. So events, merchandising, opinions ranging from latest political hot-bots to any topics (of course, hot) can be found swimming on Twitter. 🙂
Long-awaited ‘M-Y’ deal is going to happen soon. It looks like so. M-Y is the abbreviated form of ‘Microsoft ‘n Yahoo!!’ (let’s say a suggestion from BlogArena).