If the past three months have been any indication of what Japan has to look forward to from Abenomics, we have a feeling his tenure will be as short, if not shorter, than all of his recent (and numerous, among which he, himself) predecessors. Because while the stock market may have risen in lock step with the plunge in the Yen, what has also soared are costs. And while a [...]
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From FT: Politicians at last seem to be getting serious about the need to address the lamentable failings of vocational education in England – shortcomings that mean up to a third of young people today get little or no benefit from education after the age of 16. The government has started the ball rolling with some mostly sensible plans for reform, and now Ed Miliband has outlined how a Labour government [...] An open-ended round of quantitative easing that could be adjusted to suit economic conditions should be considered if the Fed launches a fresh round of monetary stimulus, a top policy official in the Federal Reserve said in an interview with the Financial Times. There is “pretty significant” downside risks to the U.S. economy from the euro zone crisis, John Williams, president of the Federal Reserve Bank of San Francisco, said in [...] By: The Daily Telegraph SYDNEY – Children are being lumbered with hours of school homework every week — but the extra slog does not do them any good, according to an Australian study. Research reveals elementary school homework offers no real benefit — and only limited results in junior high school. Only senior students in grades 11 and 12 benefit from after-school work, said associate professor Richard Walker, from Sydney University’s Education Faculty. “What [...] From Gonzalo Lira: Suppose that I promised to give you free chocolate for the next three years: How much chocolate would you eat today? A pound? Half a pound? A few ounces? Or would you not eat any chocolate at all, once I made the announcement? After all, you’re going to have free chocolate for the next three years — seems silly to gorge on chocolate today, when you can have as [...] |
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