economic growth – Page 3

Bubble Trouble? China vs Japan

Dec 30, 2009

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in Asia, China, Economic News, International Affairs, Trends: Economic

The Economist: Bubble Trouble? China vs Japan China is set to overtake Japan in the world economic rankings NEXT year China will overtake Japan to become the world’s second-largest economy. Its rapid ascent has led some to question whether China will follow in Japan’s footsteps, with the bursting of a massive bubble followed by years…

Recession Elsewhere, but It’s Booming in China

Dec 9, 2009

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by

mwkruse

in China, Economic News

New York Times: Recession Elsewhere, but It’s Booming in China GUANGZHOU, China — For the first time, Chinese will buy more cars this year than Americans. Demand is so high that drivers put their names on long waiting lists for the most popular models. “I’m disappointed, but what can I do?” asked Zhang Ge Lu,…

The Poor Getting Richer?

Nov 30, 2009

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by

mwkruse

in Capitalism and Markets, Economic Development, Poverty, Technology, Trends: Economic

Carpe Diem: The Rich Are Getting Richer and the Poor Are Getting Richer; The Good Old Days Are Now Steve Horwitz at the Austrian Economists blog has a good post based on Census Bureau data that were recently released on "Living Conditions in the United States, 2005." The chart above (click to enlarge) shows the…

Go forth and multiply a lot less

Oct 30, 2009

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by

mwkruse

in Demography, Economic Development, Health and Medicine, Human Progress, Poverty, Trends: Economic, Trends: Social

The Economist: Go forth and multiply a lot less Lower fertility is changing the world for the better. SOMETIME in the next few years (if it hasn’t happened already) the world will reach a milestone: half of humanity will be having only enough children to replace itself. That is, the fertility rate of half the…

Prosperity: Introduction to the Cycle of Prosperity

Sep 2, 2008

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mwkruse

in Economic Development, Economics, Series: Cycle of Prosperity, Sociology

Every society, past and present, has an economy. Economies consist of two essential components: People and their environment. Economic questions ultimately come down to a measure of what happens to these two subjects. When I use the term economy in these posts, I refer to society's transforming matter, energy, and information from less useful to…

MEC: The Law of Salvation Through Seeking Justice

Apr 11, 2008

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by

mwkruse

in Capitalism and Markets, Economics, Politics, Public Policy, Series: Must Everything Change?, Sociology, Theology

Today we look at the response to the third law of theocapitalism as presented in Everything Must Change. Theocapitalism Law #3: The Law of Salvation Through Competition Alone: By win-lose competition alone, you have been saved. Jesus' Law #3: The Law of Salvation Through Seeking Justice When McLaren wrote about the third law of theocapitalism,…

MEC: Is There a Difference Between Theocapitalsim and Capitalism?

Apr 8, 2008

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by

mwkruse

in Capitalism and Markets, Economics, Environment, Series: Must Everything Change?, Sociology, Theology

I concluded yesterday’s post by observing that Everything Must Change suggests that theocapitalism is an errant form of some more legitimate type of capitalism. Yet McLaren’s critique suggests that capitalism, “theo” or otherwise, is objectionable. Here’s why. Capitalism “Capital” is at the heart of capitalism. The word “capital” comes from the Latin caput meaning “head.”…

The world’s silver lining

Jan 24, 2008

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mwkruse

in Asia, China, Economic Development, Economics, Education, Environment, Globalization, Great Divergence, Health and Medicine, Human Progress, Poverty, Technology, Wealth and Income, Weatlh and Income Distribution

The Economist: The world's silver lining (Note: To my Emergent friends in particular, specifically those who are enamored with Brian McLaren's Everything Must Change, and the popular video clip by the radical left Tides Foundation called The Story of Stuff. Here are the consequences of our modern economy (or as McLaren refers to it, "The…

Now, world buoys U.S. economy

Dec 18, 2007

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by

mwkruse

in Business, Economics, Globalization

Christian Science Monitor: Now, world buoys U.S. economy Rising demand for US exports has offset the domestic downturn in home-building. With concern growing about a possible recession, the United States is leaning increasingly on other nations as a source of economic growth. It's not that the export of American-made goods can single-handedly prevent a slump…

Living Simply in Abundance (3)

Dec 13, 2007

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by

mwkruse

in Economics, Great Divergence, History, Human Progress, Series: Living Simply in Abundance, Trends: Economic

From where does economic wealth and abundance come? I think there are two primary sources: Production and trade. Production is quite obvious to most folks. The earth furnishes us with abundant raw materials, but human labor transforms the resources into something useful. The most ancient form of wealth creation goes back to cultivating and herding.…

Tag: economic growth