Climate change is something that we cannot fix alone - it is the original collective action problem - it will not work unless almost all the large economies of the world act together.
Most economies have a fair amount of tax evasion, depending on how their data systems are.
Economics is not a discipline that comes to correct answers - economies are too complex.
If God is not sending earthquakes, destroying economies and inflicting pain upon human beings, what is God doing? God works through people, calling them to help their neighbors in need. God comforts His people, walking with them even 'through the valley of the shadow of death.'
I'm a little bit nervous for us with all of this electronically generated new hyper-space that we've moved into, where not only people but also economies and systems, like banking, are left to zeros and ones. I want to be more than a zero or one.
Corruption, embezzlement, fraud, these are all characteristics which exist everywhere. It is regrettably the way human nature functions, whether we like it or not. What successful economies do is keep it to a minimum. No one has ever eliminated any of that stuff.
At the outset of the creation of the euro in 1999, it was expected that the southern eurozone economies would behave like those in the north; the Italians would behave like Germans. They didn't. Instead, northern Europe fell into subsidizing southern Europe's excess consumption, that is, its current account deficits.
Business cycles lengthened greatly during the 20th century, as central banks learned to manage national economies by raising and lowering interest rates.
In Modiji, we have given India a 'mazboot' leader under whom India has emerged among the top economies.
On a regular basis, I conduct work in the Amazon, establishing trade for medicinal plants, and working with small communities to improve their economies and to help protect forest acreage.
