But three years later a new economic development began.
The increased economic viability of smaller countries.
The decline of military alliances and the rise of economic ones.
I think no matter what, energy costs will fall dramatically in the future, probably to near zero, because the economic incentives to unlock that technical puzzle are so overwhelming.
Or these jobs can be divorced from economic realities, as the struggling painter or actor decides simply to do what he loves and live off the minimum income afforded by this planet-wide prosperity.
After speaking about the economic costs of war, the burden it places on the economy, and the toll this takes on the people, Eisenhower closed by describing the peace proposals he was offering Russia and China.
As long as these states were to share a currency, a military, provide for interstate trade, and have a single foreign policy, they could retain the economic advantages of being a large nation while maximizing individual liberty and self-determination.
The fact that small nations can adopt standard treaties, laws, currencies, and international practices of larger countries means that a small economic unit can be viable.
In 1901-1902 the social economic condition of Italy was a matter of grave concern.
The year 1903, although not free from strikes and minor disturbances, was quieter, but in September 1904 a very serious situation was brought about by a general economic ~ and political agitation.
The economic and moral condition of the peasantry was little improved by freedom, and in many districts there were signs of positive impoverishment and demoralization.
Trans., 1896), an admirable account, partly historical, partly based on personal observation of the government, religion and the social and economic conditions of Russia; Combes de Lestrade, La Russie economique et sociale (Paris, 1896); " Nikolai " (pseudonym of Danielson), Histoire des developpement economique de la Russie depuis l'abolition du servage (Paris, 1899).
Taken together, those findings suggest that almost all economic growth in the last 120-plus years was from technology.
My relative definition of poverty is "the state of being unable to reliably purchase a bundle of goods that allow one to participate in the economic norms of one's society."
Such radical redistribution attempts are dangerous games, for the rich are creators of economic opportunity, not just for themselves, but as employers, for society.
In a world of economic superabundance, people will no longer tolerate poverty.
Is there a logical end to that—a physical or economic law of some kind that says only 10 percent or 20 percent or 30 percent of people can ever be this wealthy?
But eventually, all of humanity will get there for the simple reason that compounding exponential economic growth fueled by technological advances will produce vast abundance for all.
The Communist system eschewed political liberties in favor of economic ones.
Roosevelt is saying that freedom itself cannot exist apart from some amount of economic liberty.
What good is our high economic standing in the world if we do not use it for good purposes?
We will begin with the economic factors I believe will help end war, eleven in all.
MAD is now back, but in economic form.
What I am saying is that as more factors align toward peace, peace becomes ever more the better economic option.
All this together means that our economic fates are more intertwined than ever.
Roughly a quarter of the way through our list of factors that will end war, we have reached the end of the economic ones.
Economic alliances hold benefit for countries that military alliances don't: They remove barriers, more than erecting them, and an alliance with one nation doesn't preclude striking the same agreement with others.
Rathenau published various books, pamphlets and articles, on social and economic questions, some of which attracted world-wide attention, especially his Von kommenden Dingen (1920).
The strikes and other economic agitations at this time may be divided roughly into three groups: strikes in industrial centres for higher wages, shorter hours and better labor conditions generally; strikes of agricultural laborers in northern Italy for better contracts with the landlords; disturbances among the south Italian peasantry due to low wages, unemployment (particularly in Apulia), and the claims of the laborers to public land occupied illegally by the landlords, combined with local feuds and the struggle for power of the various influential families.
This act liberated the serfs from a yoke which was really terrible, even under the best landlords, and from this point of view it was obviously an immense benefit.2 But it was far from securing corresponding economic results.
In 5878 he founded a weekly economic review, La Rassegna Settimanale, which four years later he converted into a political daily journal.
But economic laws are often too strong for civil vagaries or sectarian fanaticism, and as the commerce of Austria suffered by the absence of the Jews, it was impossible to exclude the latter from the fairs in the provinces of from the markets of the capital.
In Italy these railways are called " economic railways," and are divided into five types.
Thus the cultivators, whether noble or peasant, have not profited much from the change in their economic circumstances brought about by the social emancipation of 1861.
The economic development of Uruguay was retarded by the corruption of successive governments, by revolutionary outbreaks, by the seizure of farm stock, without adequate compensation, for the support of military forces, by the consequences of reckless borrowing and over-trading in 1889 and 1890, and also by the transference of commercial undertakings from Montevideo to Buenos Aires between 1890 and 1897, on the opening of the harbour and docks at that port.
He visited Russia in order to collect documents on the political and economic organization of the Slav nations, and on his return published in the Revue des deux mondes (1882-1889) a series of articles, which appeared shortly afterwards in book form under the title L'Empire des tsars et les Russes (4th ed., revised in 3 vols., 1897-1898).
Amber and certain similar substances are found to a limited extent at several localities in the United States, as in the greensand of New Jersey, but they have little or no economic value.
By the beginning of February the agitation had spread all over Italy, and the government was faced by the possibility of a strike which would paralyse the whole economic life of the country.
While engagements contracted by Depretis in regard to public works had more than ~n1anciaj neutralized the normal increase of revenue from taxation, the whole credit of the state had been affected by the severe economic and financial crises of the years 1889-1893.
As my professors told me the first day I started studying economics in college (and never tired of repeating), scarcity is the central underlying assumption of all economic theory.
My purpose is to explain the net effect of free trade, technological advance, and outsourcing on the overall economic system of the planet.