Business Economics articles from October 2008

Business Economics archives from October 2008

From the editor.(Editorial)
October 1, 2008... One of the basic principles of Business Economics' editorial policy is that articles have shelf life: analysis and conclusions concerning events must be interesting and important for at least a year or two after the events take place. A...

Current economic and financial conditions: extraordinary times have required extraordinary measures.
October 1, 2008... Good afternoon. I am pleased to have once again the opportunity to address the National Association for Business Economics. My remarks today will focus on recent developments in the financial sector and the economy and on the challenges we...

Reforming mortgage finance: five basic principles are critical.
October 1, 2008... I'm most honored to be here today. Thanks for inviting me to speak at your 50th annual meeting. For 50 years, NABE has worked to make the discipline of economics more accessible and more useful to its members. And your advocacy over the last...

Encouraging growth and stability: flexible labor and capital markets, low and efficient taxes, and openness to trade are essential.(Statistical table)
October 1, 2008... Good Morning. It is a pleasure to be able to address this group again, especially at this crucial point for the world economy. Given the events of the past few weeks, it is surely the expectation that 1 talk about the recent financial turmoil,...

The Baltics: Continuing boom or bursting bubble? A rocky short-run should not obscure a promising long-run.(Company overview)
October 1, 2008... Since the late 1990s, Estonia, Latvia and Lithuania (the Baltics)--three small countries to the northwest of Russia--have experienced unprecedented annual growth, reaching double digits in some years. Naturally, this boom has attracted foreign...

The economics of private business jet travel: new ownership models expand available choices.
October 1, 2008... Private aircraft, especially jets, account for a growing share of the premium business travel market. Since jets account for the bulk of this market and their share is growing at the expense of turboprops (see Table 1), the discussion that...

Globalization and the U.S. defense industrial base: the competition for a new aerial refueling tanker: what are the real issues?
October 1, 2008... The growth in the global economy and the trend toward outsourcing have given rise to concerns over the composition and strength of the U.S. industrial base, as well as the degree to which the United States is dependent on other countries for...

Economists in a world of financial ruin.(ECONOMICS AT WORK)
October 1, 2008... "If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid." --JM Keynes With the global financial system in a shambles, it is a good time to consider the role...

The global management consulting sector.(FOCUS ON INDUSTRIES AND MARKETS)
October 1, 2008... While other practices or professions trace their roots back several centuries, management consulting is less than 150 years old. However, this sector has made giant strides in the West, especially in the United States, from the 1930s to the...

Economic Facts and Fallacies.(Book review)
October 1, 2008... By Thomas Sowell. 2008. New York, NY, Basic Books. Pp. 272. $26.00 hardcover. In this book, Thomas Sowell, the well-known conservative African-American economist, marshals volumes of facts from statistics, history, and economics and...

Predictably Irrational: the hidden forces that shape our decisions.(Book review)
October 1, 2008... By Dan Ariely. 2008. New York, NY: HarperCollins. Pp. 304. $25.95 hardcover. Written in a lively style by a leading behavioral economist, Predictably Irrational is perhaps the most enjoyable economics book around. It draws on material from...