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[OP-ED]: Should the Fed run the economy ‘hot’?

 03/14/2017 - 17:44
The recovery, though encouraging, is certainly no economic panacea. Mounting inequality remains a big issue. From 2000 to 2016, the best-paid 5 percent of men achieved a 30 percent wage increase, according to Bureau of Labor Statistics data analyzed by Gould. For women, the comparable gain was 24 percent.

Toward the end of 1942, Winston Churchill, in announcing a rare victory over the German army, uttered one of his more memorable phrases: “This is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” The same might be said today of the American economic recovery. Progress, though real, is incomplete.

Plain Text Author: 
Robert J. Samuelson

[OP-ED]: ¿Debería la Fed administrar una economía ‘caliente’?

 03/14/2017 - 17:35
La recuperación, aunque alentadora, sin duda no es una panacea económica. La creciente desigualdad sigue siendo un gran problema. De 2000 a 2016, el 5 por ciento mejor pagado de los hombres logró un aumento salarial del 30 por ciento, según los datos de la Oficina de Estadísticas Laborales analizados por Gould. Para las mujeres, el avance equivalente fue del 24 por ciento.

Hacia fines de 1942, Winston Churchill, al anunciar una inusitada victoria sobre el ejército alemán, pronunció una de sus frases más memorables: “Éste no es el final. Ni siquiera es el comienzo del final. Pero quizás sea el fin del comienzo.” Lo mismo podría decirse hoy sobre la recuperación económica norteamericana. El progreso, aunque real, es incompleto.

Plain Text Author: 
Robert J. Samuelson

[OP-ED]: What happens when you pay entrepreneurial teenagers $100,000 to not go to college?

 03/02/2017 - 15:06
Wall Street Journal reporter Alexandra Wolfe tells us how it all panned out for the first class of “Thiel Fellows” in her deliciously detailed book “Valley of the Gods: A Silicon Valley Story.”

In 2011, billionaire Peter Thiel made headlines when he announced that he would pay 20 teenagers $100,000 each to drop out or delay college and start businesses in biotechnology, finance, energy and education.

Thiel, the co-founder of PayPal, a venture capitalist and early investor in Facebook, wanted to underscore his belief that college costs too much, isn’t as intellectually rigorous as it once was, and leaves recent grads burdened with student loans that keep them from taking the entrepreneurial risks needed to spur the economy.

Plain Text Author: 
Esther Cepeda

[OP-ED]: ¿Qué pasa cuando se les paga 100.000 dólares a adolescentes para que no vayan a la universidad?

 03/02/2017 - 15:02
La reportera del Wall Street Journal, Alexandra Wolfe, nos cuenta cómo resultó la experiencia de la primera clase de “Fellows de Thiel”, en un libro deliciosamente detallado titulado: “Valley of the Gods: A Silicon Valley Story”.

En 2001, el multimillonario Peter Thiel hizo noticia cuando anunció que pagaría 100.000 dólares a 20 adolescentes, si abandonaban sus estudios universitarios o los retrasaban para iniciar empresas de biotecnología, finanzas, energía y educación.

Thiel, co-fundador de PayPal, capitalista de riesgo e inversor temprano de Facebook, quería recalcar su creencia de que la universidad cuesta demasiado, no es intelectualmente rigurosa como lo era antes y deja a los graduados con la carga de préstamos universitarios que les impiden asumir los riesgos necesarios para activar la economía.

Plain Text Author: 
Esther Cepeda

Rutgers University Launches Black and Latino Tech Initiative

 02/28/2017 - 04:31

Less than 2 percent of all technology start-ups are led by black or Latino individuals, according to a Rutgers University report. The reasons are two-fold: black and Latino entrepreneurs have difficulty securing capital and they also have challenges building business teams that get accepted into top tier accelerators.


La empresa de pan más grande del mundo es mexicana, y está en Filadelfia

 02/24/2017 - 06:57

Con sede en Horsham, PA, Bimbo Bakeries USA, filial de la multinacional mexicana Bimbo, es la compañía de pan y bollería más grande de los Estados Unidos. Da empleo a más de 3,000 personas de la región y comercializa marcas tan conocidas como Entenmann’s, Sara Lee, Arnold's Bread o Thomas English Muffins.


[OP-ED]: The TPP lives -- maybe!

 02/16/2017 - 10:32
The US trade deficit of goods and services rose by 0.4% in 2016 to 502.3 billion dollars, which is the highest figure since 2012. The figure corresponds to the last year of government of the former president Barack Obama, who had promised to double the number of US exports by the end of his term in 2010, which has proven to be unfeasible.

Among President Donald Trump’s first acts was an order withdrawing from the TPP. This fulfilled Trump’s campaign promise to torpedo the high-profile agreement between the United States and 11 other Pacific Rim countries, led by Japan and Mexico. As important, it symbolized Trump’s conviction that ineptly negotiated trade agreements are at the core of America’s economy’s problems.

Plain Text Author: 
Robert J. Samuelson

[OP-ED]: Meaningful work need not be ‘fun’

 02/16/2017 - 10:21
Snagging a decent paying job as an accountant, lawyer, engineer, doctor or any sort of analyst takes an awful lot of time and intellectual effort, none of which could accurately be described as “fun.”

My students know I care deeply about them. They know I love to joke around and keep things interesting as we investigate topics they might find dry. But they also know I am waging a one-woman crusade against “fun.”

It’s not that I don’t like to have fun, it’s just that young people moving from high school to college and, ultimately, into adult life have to understand that achievement -- be it academic or career-related -- is hard work. And hard work is many things, like character-building, but rarely is it giggles-all-day fun.

Plain Text Author: 
Esther Cepeda

[OP-ED]: El TPP está vivo--quizás

 02/16/2017 - 07:50
El déficit comercial de bienes y servicios de EEUU se elevó en 2016 un 0,4 %, hasta los 502.300 millones de dólares, en lo que se supone la cifra más alta desde 2012. La cifra corresponde al último año de Gobierno del ya ex presidente Barack Obama, quien había prometido duplicar en 2010 la cifra de exportaciones estadounidenses al fin de su mandato, algo que se ha mostrado inviable.

Entre las primeras medidas del presidente Trump estuvo la orden de retirarse del TPP. Eso cumplía la promesa de la campaña de Trump de torpedear ese acuerdo de alto perfil entre Estados Unidos y otros 11 países de la Cuenca del Pacífico, liderados por Japón y México. Igualmente importante, simbolizó la convicción de Trump de que los acuerdos comerciales negociados con ineptitud constituyen la esencia de los problemas económicos de Estados Unidos.

Plain Text Author: 
Robert J. Samuelson