The idea is there, locked inside.
All you have to do is remove the excess stone.
Michelangelo
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The whole concept seems to infer that GDP might have underestimated the extent of the current economic recession but, in the long run, GDI and GDP have similar levels and percent movements.    It does not change, however, the fact that the U.S. economy is currently in its worst condition since the Great Depression. ... Read more
The European Commission and national governments are designing programs and, at times, sophisticated strategies to minimize the pain of job losses (and the social disorder it inevitably engenders), yet coming up with the strategy able to restore employment remains a very distant goal.    In order to minimize today‚Äôs pain, governments will think and act nationally, will direct funds to less-productive activities and, worst of all, will delay reforming the labor market and other major economic ... Read more
In Focus:  ARGENTINA,  CZECH REPUBLIC,  IRAN
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