Economy

Economy on aldianews.com

[OP-ED]: Who’s afraid of the ‘administrative state’?

 03/07/2017 - 15:28
It’s time to make the administrative state a mainstream concept, through the creation of a regulatory budget. The point is not to justify the instant repeal of most rules, as Bannon’s critics fear, but to improve understanding and accountability.

Just what White House chief strategist Stephen Bannon meant when he recently suggested “deconstructing the administrative state” is unclear. To critics, he would gut the whole superstructure of social and environmental safeguards, starting with the Environmental Protection Agency (which, say news reports, may face a staff cut of one-fifth). But regardless of Bannon’s meaning, the relentless growth of the administrative state is a reality that we can’t escape.

Tuesday, March 7, 2017 - 2:59pm
Plain Text Author: 
Robert J. Samuelson

[OP-ED]: ¿Quién le teme al ‘estado administrativo’?

 03/07/2017 - 15:25
Ha llegado el momento de que el estado administrativo sea un concepto dominante, mediante la creación de un presupuesto regulatorio. La cuestión no es justificar la revocación instantánea de la mayoría de las reglas, como temen los críticos de Bannon, sino mejorar la comprensión y la responsabilidad. 

No está claro lo que quiso decir el estratega en jefe de la Casa Blanca, Stephen Bannon, cuando sugirió recientemente la “deconstrucción del estado administrativo”. Según sus críticos, desmantelaría toda la superestructura de salvaguardas sociales y del medio ambiente, comenzando por la Agencia de Protección del Medio Ambiente (EPA, por sus siglas en inglés, la que, según informes noticiosos, podría enfrentar un recorte de un quinto de su personal).

Tuesday, March 7, 2017 - 2:59pm
Plain Text Author: 
Robert J. Samuelson

Mexican Gov' Gave Free TVs to Poor, but Defects Wasted Taxpayers’ Money

 03/07/2017 - 12:05
An image of "El libro anticorrupción" (The Anti-Corruption Book), a new comic book published in Mexico to teach the public about the different kinds of corruption and tools to fight them. EFE/ETHOS.

Mexico’s congressional audit office has ruled that a controversial government program to give away some 10 million flat-screen TV sets to the poor wasted an estimated $39 million of taxpayers’ money, as reported The Wall Street Journal.

Tuesday, March 7, 2017 - 11:49am
Author: 

[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.

Thursday, March 2, 2017 - 2:46pm
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.

Thursday, March 2, 2017 - 2:46pm
Plain Text Author: 
Esther Cepeda

Pages

Latest Stories

US Republican presidential candidate Donald Trump (R) speaks during a press conference with President of Mexico Enrique Pena Nieto (L) in Los Pinos, Mexico City, Mexico, 31 August 2016. EPA/JORGE NUNEZ

The President of the United States Wednesday agreed with his Mexican counterpart and Canadian Prime Minister to immediately begin renegotiations on the North American Free Trade Agreement and not terminate it.