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In July 1945, Vannevar Bush wrote the treatise that outlined federal science policy for the next 50 years: Science-The Endless Frontier. Given that the government had not financed in any significant way any non-agricultural research prior to WWII, Bush's report fundamentally altered the federal government's approach to scientific research. The report also… (More)
Murray Weidenbaum discusses the role of the United States in the international economy.
The spine is a common site of bony metastasis. To date, studies have not identified the initial site and pattern of vertebral metastasis in a homogeneous group of patients. Twenty-seven magnetic resonance imaging studies performed on 25 patients with metastatic vertebral breast cancer were reviewed retrospectively. The location and extent of metastatic… (More)
At one time, risk management meant buying corporate insurance, implementing procedures to avoid lawsuits and accidents, and installing safety equipment. The new risk management uses financial markets to hedge different sources of risk within the firm. Trading in financial markets can hedge companies against the risk of changes in interest rates, input… (More)
This paper discusses the need for society to examine excessive government regulation and find ways to reduce cost and waste.
The author recommends that government policy should encourage saving and investment, which would increase productivity and improve the standard of living for society.
A comparison showing the pros and cons of different tax plans: the USA Tax Plan, a Flat Tax, Value-Added Tax, and Retail Sales Tax.
Government planning is a centralized process in which economic decisions are made in the form of governmental edicts; business planning is a decentralized process where the individual consumer makes choices. The author states that adopting a form of centralized planning could result in society moving away from market freedoms and toward greater governmental… (More)
This paper suggests that if government offers proper incentives instead of increasing regulation, business and individuals would be more liable to alter their economic behavior in a way that is more beneficial to society as a whole.
The European Community and the Asian Rim conduct the majority of their trade within their own regions. But international commerce is having more and more impact on the global economy.