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Short-Straw Economics (NYTimes.com via Yahoo! Finance)
The former labor secretary talks about why offshore drilling won’t solve high gas prices, the cash benefits of keeping things on the small side and dating Hillary Clinton.
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WTO Lamy: World Econ Outlook Not Very Good, Doha Talks Key (Nasdaq)
BERLIN -(Dow Jones)- The world economy, in its present difficult situation, needs a positive signal from the a successful conclusion of the Doha round of world trade talks, World Trade Organization Director General Pascal Lamy said Friday.
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Evan Davis: poster boy for the Noughties (Times Online)
With his breezy BBC delivery he made economics fun and now he is the new boy on Today, so what’s all this about pierced nipples?
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One of the best places in the world (The Intelligencer)
Today's Independence Day celebrations have special meaning for some of America's newest citizens.
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As Summit Approaches, G-8 Weighs Expansion (Washington Post)
TOKYO -- The Group of Eight, holding its summit in Japan starting Monday, has always been a club for the world's biggest economies. Now a growing chorus is saying it's time that the clubhouse doors swing open to some newcomers.
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Monument to pioneering economist to be unveiled in Edinburgh (Scotland Today)
The world's first monument to pioneering economist Adam Smith is to be unveiled in Edinburgh. The 10-foot bronze sculpture stands on the Royal Mile in the heart of the city where Smith, widely regarded as the father of modern economics, worked and died.
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Ex-Chinese star puts it all on the table for the U.S. (USA Today)
Table tennis player Gao Jun won a world title in doubles in 1991 and a silver medal in doubles at the 1992 Olympics, both for China. By the end of the following year she had married an American, becoming a U.S. citizen. Now her fondest wish is to win the USA's first medal in table tennis, at China's first Olympics.
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S Asia offers good business prospects (Khaleej Times)
SEVEN hopes can make South Asia the world's growth frontier of 21st century. This is a good business news about a market of 1.6 billion people - growing at an average 1.6 per cent a year. The market will more than double to 2.285 billion in the year 2050.
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The upside of $200 oil (Canada.com)
Remembered more for his apocalyptic pessimism than his economics, 18th-century parson and thinker Thomas Malthus reasoned that too many people and too little food would eventually lead to rampant starvation. It didn't. Two hundred years later, the same rigid law of supply and demand is being applied to oil. There is only so much black gold left,
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Adam Smith will loom even larger (International Herald Tribune)
The father of modern economics, is being honored with a statue in the center of Edinburgh, the first major public monument to the 18th-century philosopher.
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