- published: 15 Feb 2017
- views: 4585
An economy (Greek οίκος-household and νέμoμαι - manage) is an area of the production, distribution or trade, and consumption of goods and services by different agents in a given geographical location. The economic agents can be individuals, businesses, organizations, or governments. Transactions occur when two parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency.
Economic activity is spurred by production which uses natural resources, labor, and capital. It has changed over time due to technology (automation, accelerator of process, reduction of cost functions), innovation (new products, services, processes, new markets, expands markets, diversification of markets, niche markets, increases revenue functions) such as that which produces intellectual property and changes in industrial relations (child labor being replaced with universal access to education).
A given economy is the result of a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure and legal systems, as well as its geography, natural resource endowment, and ecology, as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions.
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.
Stockman was born in Fort Hood, Texas, the son of Allen Stockman, a fruit farmer, and Carol (née Bartz). He is of German descent, and his family's surname was originally "Stockmann". He was raised in a conservative family, and his maternal grandfather, William Bartz, was a Republican county treasurer for 30 years. Stockman was educated at public schools in Stevensville, Michigan. He graduated from Lakeshore High School in 1964 and received a B.A. in History from Michigan State University in 1968. He was a graduate student at Harvard University, 1968–1970 studying Theology
He served as special assistant to United States Representative and 1980 U.S. presidential candidate John Anderson of Illinois, 1970–1972, and was executive director, United States House of Representatives Republican Conference, 1972–1975.
The stock market is soaring and the jobs report gives a rosy outlook. Are we in for good times...or are the hard times just around the corner?
Economics 101 -- "How the Economic Machine Works." Created by Ray Dalio this simple but not simplistic and easy to follow 30 minute, animated video answers the question, "How does the economy really work?" Based on Dalio's practical template for understanding the economy, which he developed over the course of his career, the video breaks down economic concepts like credit, deficits and interest rates, allowing viewers to learn the basic driving forces behind the economy, how economic policies work and why economic cycles occur. To learn more about Economic Principles visit: http://www.economicprinciples.org. [Also Available In Chinese] 经济这台机器是怎样运行的: http://www.youtube.com/watch?v=-ZbeYejg9Pk [Also Available In Russian] Как действует экономическая машина. Автор: Рэй Далио (на русском ...
Recorded on September 8, 2016 The American economy’s biggest problem is growth. To achieve growth, Hoover Institution fellow John Cochrane argues, America needs to simplify the tax code and deregulate the economy. He discusses how government agencies must conduct serious, transparent, and retrospective cost-benefit analyses, get rid of special interests, and remove disincentives if they want businesses to flourish. Cochrane notes that the US economy needs more innovation, deep tax reform, and better regulations to unleash growth. When business owners can depend on good policy and not pay for play, they will start and invest in their companies and the economy will expand. Cochrane discusses the future of American economic growth and how he believes it can be fixed. Cochrane encourages u...
L'excédent budgétaire de l'Etat Allemand a atteint un niveau record en 2016, s'élevant à 23,7 milliards d'euros (0,8% du PIB), du jamais vu depuis la Réunification du pays en 1990, a affirmé ce jeudi l'office des statistiques. Le solde des dépenses publiques de l'Etat allemand est positif pour la troisième année de rang. Avec +1,9% de croissance du PIB (produit intérieur brut) en 2016, l'Allemagne devance le Royaume-Uni (+1,8%), la zone euro (+1,7%) et les États-Unis (+1,6%) et s'adjuge la pa… LIRE L’ARTICLE: http://fr.euronews.com/2017/02/23/allemagne-croissance-solide-et-excedent-budgetaire-record-en-2016 Aujourd'hui dans l'actualité : les titres en vidéo https://www.youtube.com/playlist?list=UUW2QcKZiU8aUGg4yxCIditg euronews : la chaîne d'information la plus regardée en Europe. Abo...
Warren Buffett says the U.S. economy is not weak, but it is softer than many people believe. He also says the country needs to do a better job distributing its vast wealth across the population.
Tesla sieht sich für den Beginn der Massenfertigung seiner neuen Model-3-Reihe bis September in der Spur. Der Model 3 spielt eine zentrale Rolle bei Konzernchef Elon Musks Plänen für den Einsteig in die Massenfertigung. Viele Investoren und Zulieferer haben den Zeitplan als zu ehrgeizig bezeichnet und eine Verzögerung bis 2018 vorhergesagt. Tesla vehicle production rose 77% from a year earlier, but slipped slightly from third-quarter levels $TSLA pic.twitter.com/iGtk6UQgHK— Anne Riley Moff… LESEN SIE MEHR: http://de.euronews.com/2017/02/23/tesla-sieht-sich-in-der-spur euronews: der meistgesehene Nachrichtensender in Europa. Abonnieren Sie! http://www.youtube.com/subscription_center?add_user=euronewsde euronews gibt es in 13 Sprachen: https://www.youtube.com/user/euronewsnetwork/cha...
Le très attendu iPhone 8, dont le lancement est prévu cet automne à l'occasion des dix ans de l'iPhone, pourrait ne pas être révolutionnaire. Pourtant, le titre Apple a la faveur des investisseurs. Si l'on se fie aux rumeurs de la presse spécialisée, l'appareil présentera plusieurs innovations : un capteur 3D, un écran AMOLED haute résolution ou encore un chargeur sans fil... dont la plupart sont déjà présentes sur le marché ou devraient bientôt l'être. Si l'entreprise à la pomme n'a pas été s… LIRE L’ARTICLE: http://fr.euronews.com/2017/02/23/la-perspective-d-un-iphone-8-plait-aux-investisseurs Aujourd'hui dans l'actualité : les titres en vidéo https://www.youtube.com/playlist?list=UUW2QcKZiU8aUGg4yxCIditg euronews : la chaîne d'information la plus regardée en Europe. Abonnez-vous ! h...
Check Out The X22 Report Spotlight YouTube Channel – https://www.youtube.com/channel/UC1rnp-CySclyhxyjA4f14WQ Get economic collapse news throughout the day visit http://x22report.com Report date: 02.01.2017 UK Parliment authorizes Theresa May to proceed with Article 50. Italian youth unemployment surges to 40%. US adds unexpected 246k jobs in January. Manufacturing CEO says Obamacare hurt business and cost increased dramatically. US construction declines as housing declines. Mortgage application decline after a small bump up. Another economic indicator is flashing a depression is coming. IMF reports that Europe is in trouble to much debt, high unemployment. The FED does not increase interest rates. All source links to the report can be found on the x22report.com site. Most of artwo...
Subscribe to our Free Financial Newsletter: http://FutureMoneyTrends.com With Trump about to take office we wanted to contact again an expert and author of a book on this very subject. David Stockman goes over Trump's cabinet picks, the state of our current ecnonomy and his fascinating predictions; for instance that the crash will begin in early 2017 right after the new President takes office! TOPICS IN THIS INTERVIEW: 01:00 Trump's Team contacted David Stockman about Book 03:00 Trump unlike any candidate in mordern times 03:45 Stock Market rally last call to slaughter sheep 05:00 Spring & Summer 2017 will be Incredible Crash 06:30 Trump won't solve problems but will bring light 07:50 Trump may prevent next Cold War or World War 3 09:00 Trillions of Waste in Wall Street Financials 12:30 ...
TIME White House reporter Zeke Miller joins CBSN to discuss President Trump's immigration policy and economic plans. The president is meeting with CEOs at the White House about bringing "millions" of jobs back to the United States.
economy
In this economy?
Raise your voice
Chase away the ghosts
The pain that haunts a heart
The things we fear the most
The entropy of life
The slow decay of time
that wars against our bones
All these sinking ships
Are ruled against the wave
The raging of the tide
The tyranny of days
And sleep would chase us down
Sleep would have its way
And night would fall upon us all
But I believe you can overcome my economy
You can dig me out of the grave
I believe you can overcome my economy
You can dig me out of the grave
The weight of love
It rests upon us all
The people we’ve become
The people that we’ve known
Longing for a day
Arrested by a hope
That death could not foreclose upon
I believe you can overcome my economy
You can dig me out of the grave
And I believe you can overcome my economy
You can dig me out of the grave
I believe you can over come my hearts economy
Yeah you can dig me out of the grave
And I believe you can over come my economy