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Wednesday, April 30, 2008

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up of the Soviet Union. The change from communism to democracy did not occur because the people Economist Magazine: A great migration into the unknown -

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Thats a huge difference just in a gap of 1o long years. One thing leads to the other, so indirectly slowly slowly everything came to end and changed as time passed with regards from food to all the natural resources and many other things.

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People migration has always been something that has been effective for rural villages.The city of Changle, a bustling metropolis of 600,000 people where pretty much everyone has family in America, is ground zero for Fujianese emigration to the United States. I'm whizzing through town with Lin Li, a thirtysomething supermarket magnate, in her chauffeured Toyota van, which has an onboard TV-DVD system and a GPS display. Given that half the highways in Fujian look like they were laid down last week, I wonder what good the GPS does. But it doesn't seem to faze the chauffeur.

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None of these findings are particularly unexepected.

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The U.S. has made the proper adjustments. On the production side, U.S. firms became substantially more energy efficient. However, on the consumption side, there was less energy efficiency, because U.S. houses, autos, etc. became even larger. However, China has not made the proper adjustments to slow its overproduction. Instead, it continued to subsidize oil, with dollars, including shifting the flow of dollars from U.S. Treasury bonds into barrels of oil. China continues to squander its gains of trade to maintain high output and employment, while the U.S. has captured its gains of trade. The free market system has allowed the U.S. to either gain the most or lose the least, in the global economy, while Chinese economic policies created a lose/lose situation in China.

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Energy is regarded as a tiny fraction of the economy even though virtually 100 percent is vitally dependent on it.

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There are mixed effects on rural investment - new earnings from urban jobs have largely been spent on better homes and durable goods

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Don't you think China should expand religious freedom and make real the guarantees of rights that exist on paper - but not in practice.

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While I find evidence for the crowding-out of natives in the short run, in the long run there is evidence for the reverse: that skilled natives are attracted to states or occupations with skilled immigrants. The results hint that skilled immigrants innovate more than their native counterparts, especially if they are scientists or engineers. If correct, the result could reflect higher education of immigrants within skill categories, or positive selection of immigrants in terms of ability to innovate. However, the effect of natives is not as well identified econometrically as the effect of immigrants.

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Wow, this definitely is a bit of a departure from A Series of Unfortunate Events.

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Steve, over the past three years, the global economy has used roughly 85 million barrels of oil a day. Yet, real global growth has expanded much more than the supply of oil. Of course, there's less surplus oil, to meet demand, which contributed to higher oil prices. So, obviously, there was enormous energy efficiencies or substitution into energy alternatives.

People tend to be rational in every country. When oil prices rise, people find it profitable to produce more oil (increase supply) and purchase less oil (decrease demand). Titanium is used in many industries. However, without titanium, many goods cannot be produced, although it may reflect a small proportion of raw materials. So, your statement: "Energy is regarded as a tiny fraction of the economy even though virtually 100 percent is vitally dependent on it" can also be applied to raw materials that are even smaller fractions of the economy.

Of course, economies are more efficient using physical energy, e.g. in construction, transportation, manufacturing, agriculture, etc. I suspect, the quantity and quality of output will continue to rise more than the supply of all forms of energy.
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I went to China. The rural villages are unsafe. Its basically a free for all.Stay in the cities if you go there1 I am serious!

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