By Brian Sussman
Exorbitant strength costs, rolling blackouts, acute foodstuff shortages, severe water deficiencies, and personal estate rights usurped: this is often America's destiny as estimated by way of the environmental movement's well-honed eco-friendly schedule. with a purpose to de-develop the U.S., the Left is utilizing phony environmental crises to demonize capitalism and liberty, and purposefully withhold America's monstrous usual resources-and the Obama management is piloting the plan.
Eco-Tyranny, via best-selling writer Brian Sussman, provides a rational technique to responsibly harvest our nation's monstrous assets for you to satisfy the longer term wishes of a quickly growing to be inhabitants.
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Extra resources for Eco-Tyranny: How the Left's Green Agenda will Dismantle America
A a The transformation curve is concave because goods x and y use inputs in different proportions. Source: Author. 8 Downloaded from University Publishing Online. 005 What Is the Main Constraint that Developing Countries Face? 2. The Growth Diagnostics Methodology During the late 1980s, international institutions started recommending to developing countries a reform package that became known as the Washington Consensus. The reform package was based on three key concepts, namely, stabilization, liberalization, and privatization, and included fiscal discipline, reorientation of public expenditures, tax reform, financial liberalization, unified and competitive exchange rates, trade liberalization, openness to foreign direct investment, privatization, deregulation, and secure property rights.
However, toward the end of the 1990s, it became clear that the reform package advocated by the Washington Consensus could not work without being supplemented by a solid governance and institutional foundation. Then, the initial reform list advocated by supporters of the consensus was augmented with a series of socalled second-generation reforms that emphasized institutions and governance. The augmented Washington Consensus reform package did not work either, as countries that adopted and implemented comprehensive reform packages reaped small benefits.
It is in determining the volume, not the direction, of actual employment that the existing system has broken down (Keynes [1936, 379]; italics added). It is important to note, however, that increasing productive capacity does not guarantee full employment. See chapter 4 in this book. One could visualize this chain through the following two identities for income per capita (Y/P ) and labor productivity (Y/L) : (i) (Y/L) = (Y/K ) x (K/K *) x (K*/L), where (Y/K ) is capital productivity measured in terms of the actual or utilized level of capital (K), (K/K*), denotes the level of utilization of the existing capital (K * is the trend of the capital stock), and (K*/L) is the trend of the capital-labor ratio; and (ii) (Y/P) = (Y/L ) x (L/P ), where (L/P ) is the employmentpopulation ratio.