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Economics
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The Detroit River Tunnel Partnership
The Detroit River Tunnel Partnership (DRTP) is poised to build a new, high-capacity rail tunnel under the Detroit River to provide improved freight service between the United States and Canada. The DRTP is an equal partnership between Canadian Pacific Railway (CPR) and Borealis Infrastructure Trust.
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Short Essay on Comparative Advantage and Trade
The principle of free trade is based on the law of comparative advantage. The law of comparative advantage states that if countries specialise in producing what they have a relative advantage (lower opportunity cost) then there will be a net gain to society. This essay is an explanation of the difference between absolute and comparative advantage.
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DIBC Setbacks In Detroit And Windsor
Regulatory, legal and municipal actions affecting the Detroit International Bridge Company (DIBC) are summarized chronologically from news reports and official documents.
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Economic Affects of Rising and Falling House Prices
Rising house prices increase consumer wealth and are likely to be associated with an increase in mortgage equity withdrawal. Mortgage equity withdrawal means people remortgage and take out a bigger loan against the value of their house. It means they have more money that they can spend and this leads to an increase in consumer spending and therefore Aggregate demand.
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Ruined Rural Economy – Frog Vision Part-10
The article debates about the narrow approach with which most of the third world countries leaders are working. They are managing national economies from one crisis to another with out realising long term effect on common man.
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Foreign Ownership - Does It Matter?
There is an overwhelming tidal wave of hot investment money roaming the Globe in search of instant gratification. This money wants to buy your country's infrastructure, industry, businesses, homes, and assets. The Globalists insist that this will be for your own good, leading to lower costs for services, better services, greater variety, and more choice. Whatever may be the general effects of Globalization, the personal effects will impact directly on you, the individual, and your family.
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Why We Can Learn from Crude Oil Prices History
Just as it is a good idea to learn from the past, we can glean some lessons from looking at crude oil prices history. Here one key example of how understanding the trends involved with this history can help us to be prepared for future situations as oil prices rise and fall periodically.
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Ruined Rural Economy - Renaissance of Farmers Part - 12
The article revolves around new concept of Debt Loan Economy (DLE) being advocated by trio and economist. The article analyses various facets of DLE - and its effect on farmers. An endeavor has been made to suggest measures to check loans and various policies forcing farmers committing suicide.
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We Chopped Up The Golden Goose That Layed The Golden Eggs. Who Said We Had To Compete Like This?
Who said we had to compete in a global economic arena? The American Workers are the ones who really won World War 2 and the industrial success story of all of history followed. Through the Marshall Plan, we helped restored local value added economies in balanced geopolitical settings in Europe and Asia. We gave others the Golden Eggs from the Golden Goose to duplicate the American Dream but then someone said we all must compete against each other.
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The Workers are Endangered Species
Who will rescue workers, made up of rank and file of society? Free trade policies, greed, corruption, very high salaries for private sector managers and senior civil servants conspire to take the stink out of the unions and leave them powerless and disoriented. Christopher J.H Wright, in his book, The Message of Ezekiel, wrote that economic dominance is moving beyond countries and being achieved by companies, some of them controlled by incredibly wealthy individuals - and that real power has shifted from national political communities to transnational economic giants, frighteningly free from serious political, democratic or moral constrains. The transnational economic giants are setting the agenda, and the worker and the unions are being relegated to the backyard of events and times. Perhaps the unions should evaluate their relevance and their strategies and move fast to be relevant in the world where layoffs is the reality of the market, the lean, ideal company, and mechanization the in-think. And even where an industry is labour intensive without option, it still has desperate poor people knocking at their doors. To the transnational and multinationals, the unions and the workers seem to speak unintelligent language.
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Technocracy Wishes to Change the Price System
Some advocates of Technocracy claim as a point of contention in the debate over the current price system, that humans will always want more under conditions of scarcity. Now then in considering this debate, can we say that this is true in the absolute? We know that oil for instance will become more valuable a commodity as demand exceeds supply, yet at some point there will be a price at which fewer will buy.
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