Archive for July, 2011
Choose: Incentives Or Freedom
For all of us living in the so called “free world” (a concept that was very clear a few decades ago but becomes largely blur now), it is very hard to gain conscience that we are not, in fact, entirely free, even if that is our objective or understanding. Let me put it in other words: we are free to make (most) of our choices, but “someone” is giving a hand in making those choices, influencing us to go in a certain direction.
This introduction seems rather negative, but in fact it is not. The influence on the choices is given by the incentives we receive for making them. These incentives are not necessarily good or bad, they just are what they are, and meant to make people decide to go one way instead of the other way. Here’s a very simple and recent example: I’ve tried to write a post title to get interest from more readers. That is the incentive. The success of the incentive, only you will know, each of you individually.
Machine Tool After Crisis
2010 “World Machine Tool Production and Consumption Survey” shows that the overall global metal processing manufacturing industry out of recession. Over the past two years, the growth of production fluctuations. In 2009, the world’s 28 major countries and regions in the output value production was down 32%. In 2010, the major producing countries and regions, economic recovery, the global machine tool manufacturing industry output value reached 66.3 billion U.S. dollars, an increase of 21%. The “World machine tool production and consumption survey” includes a manufacturing industry and has statistics of 28 countries and regions, the production is cover 95% of world output and consumption.
According to the European Machine Tool Industry Council (CECIMO) statistics, in 2010, CECIMO production in the Member States Total 166 million euros, compared with the same period in 2009 declined slightly by 1%. In this regard, CECIMO Economic Committee Chairman Frank Brinken that with the release of production orders, industrial output in 2011 is expected to double-digit growth, the European market will enter a stable and sustainable growth phase, 2013 will likely reach a new peak.
Why Present Economic Strategies Are Dangerous!
This article will look at present economic strategies influenced or enforced by IMF on European countries as a result of the recent bank crisis suggesting that such tactics represent economic dogma and will cause serious problems to the respective economies. It will propose that:
1) such measures are traditionally employed to combat inflation,
2) such methods will stagnate economies,
3) economies require stimulation not repression,
4) public spending has a wealth creation agenda that has been overlooked,
5) governments, influenced by IMF and America, are ignoring this fact,
6) the lessons of the Chinese economy are not being learned,
7) the importance of local government direct wealth stimulation to British economic environment.