Carpio gets nominated as CJ for 4th time If the problem is too much inequality, then the government focuses on programs and projects that have higher re-distributional functions in favor of the lesser members of society that may even include taxing the rich, based on the ability-to-pay principle, to pay, for services directed at the poor because the free market economy does not guarantee equity and elimination of poverty. In the US, for example, much of the government budget goes to programs intended to help the downtrodden members of their society that Democrat President Barack Obama wants to maintain but which his Republican detractors want to reduce, if not abolish by defunding. Necessarily, government intervention in this aspect of governance must also include providing opportunities for all young people to get good education because its role in levelling the field in the job market and making them more responsible citizens by voting with their heads this time, for example, instead of exchanging their votes for a measly sum.If the problem is economic instability as seen, for example, in high government deficit, high inflation rate, or high unemployment rate (internal imbalance) or high trade deficit, distortions in the balance of payments and the exchange rate, etc. (external imbalance), then the focus of government action is stabilization measures that reduce these imbalances. To achieve internal balance, these may involve changing the level of government revenues and expenditures, which depending on the state of government finance, may require the budget to be in balance, surplus or deficit. In addition, the government’s central bank may inject or take out money from the system that could lead to easy or tight credit, depending again on whether the economy is overheating or cooling. To achieve external balance, some measures may be undertaken to control the trade deficit and the wild fluctuation in the exchange rate. It may also include counter measures to mitigate the impact of financial and economic shocks coming from outside or the inflow of hot money that will easily disappear with the minuteness of change in the economic policies of their country of origin.FEATURED STORIESNEWSINFOSenate to probe Tolentino’s ‘novel legal theories’ on oral agreementsNEWSINFOLocsin wants to drop ‘visas upon arrival’ privilegeNEWSINFOPalace open to make Dengvaxia usable again as dengue cases spikeIf everything is done well by the government that involves careful balancing of its different roles and objectives that are also often conflicting, then the economy functions smoothly. This now assures faster economic growth with higher employment rates, low inflation, stable exchange rate, a more or less balance trade and budget regimes and hopefully with more equity and lower poverty with the majority of the people finally contributing to and partaking of what the nation produces as a whole. As we can see, the many roles that the government must play, the conflicting objectives that it must meet, and the myriad of things that it must look into for the nation not to go astray makes governance not a relaxing past time for people running the country. Unfortunately, many countries in the world, especially poor ones like the Philippines, do not have the luxury of having an efficient, effective, and honest people in government. In our country, many of our public officials, high and low, are concerned mainly of their own personal interest and continued stay in power and operate alongside vested interest groups in business and other sectors that are more concerned only with getting more favors from their friends in government, in winning fat government contracts, protection of their business from competition, and other shenanigans to profit more their investments.If we find our economy unproductive and uncompetitive that leaves many workers unemployed, underemployed or disguised employed, it is not only because our corrupt and inept officials in government bungle our economic policies but also due to the actions of many other key players in national development in the private sector that thrive on the corruptibility and ineptness of our decisions makers in government. I am not saying the free market system (less government) is bad. It is proven superior already by the result of the competition between the free market western economies and the command economies in the iron curtain in the last century. Free market admittedly is good but having plenty of capitalists in our midst does not necessarily make our country a fully working free market even if our government accounts only for less than 20 percent of the GDP measured by the type of expenditures. This is due to the fact that in many so called capitalistic countries, especially poor countries like ours, their capitalism is just ersatz capitalism in reality.MORE STORIESnewsinfo‘Aquaman’ Jason Momoa visits protesters blocking new Hawaii telescopenewsinfoCourt: Non-native Guam residents can vote on status with USnewsinfoAngkas says sorry for tweet likening service to sexMORE STORIESnewsinfo‘Aquaman’ Jason Momoa visits protesters blocking new Hawaii telescopenewsinfoCourt: Non-native Guam residents can vote on status with USnewsinfoAngkas says sorry for tweet likening service to sexIn ersatz capitalism, economic gains are highly privatized but economic losses are socialized. This happens when the power of the capitalists is so strong that they also control government policies for their own good. And the power of the capitalists becomes very strong when the market they are in is highly characterized by oligopoly, if not pure monopoly, that restricts free competition in the real sense of that word. Competition means not just having many competing buyers but also many competing producers and sellers. And I do not think that the second half of that equation is true in our beloved Philippines at the moment.Read Next PBA: Rain or Shine overcomes San Miguel, McCullough’s 51 to avert sweep Senate to probe Tolentino’s ‘novel legal theories’ on oral agreements PM Boris Johnson visits Belfast as Brexit woes hurt UK economy What’s new in town: Eggplant parmigiana deep-dish pizza, tofu ‘kakigori,’ ‘kamias’-date sticky toffee pudding PCSO to focus on improving transparency of gaming activities PLAY LIST 03:26PCSO to focus on improving transparency of gaming activities01:39Sotto open to discuss, listen to pros and cons of divorce bill06:02Senate to probe Tolentino’s ‘novel legal theories’ on oral agreements01:50Palace open to make Dengvaxia usable again as dengue cases spike01:49House seeks probe on ‘massive corruption’ in PCSO01:37PCSO estimates P250M in Lotto revenue loss due to suspension Pagasa: Rain expected as LPA enters PAR SMC bags Bulacan airport project LATEST STORIES An adobo upgrade: Add rosemary MOST READ Don’t miss out on the latest news and information. I had been reading many books in economics and I could never remember reading a line which says that government is there to create jobs. What is the role of government in the economy? Is it to create jobs? It depends on the problem the nation faces.If a country suffers low productivity or inefficiency, then the government will focus on its efficiency enhancing role or objective. This will require moving resources from areas where their value or contribution to gross domestic product (GDP) creation is little into areas that give greater value per unit of investment and greater contribution to the GDP. This also includes building up the infrastructure of the country and providing basic support services to make business profitable and the whole society function smoothly, including changing the basic law of the land and other laws when necessary to make the country more investment friendly.ADVERTISEMENT View comments
Month: August 2019
Get a compelling long read and must-have lifestyle tips in your inbox every Sunday morning — great with coffee! 7/10/2017, 11:30 a.m. Print Sign up for Boston Daily. News. Commentary. Every day.* By Spencer Buell· 000 PHOTO BY LLOYD MALLISONTwo weeks after one of its panels was smashed with a rock, Boston’s Holocaust Memorial has been fixed. It will be rededicated in a ceremony on Tuesday, officials say.On June 28, city and state politicians, along with Jewish community leaders condemned the act of vandalism targeting one of the city’s most iconic memorials, which is dedicated to the millions of victims of the Nazis and designed to evoke imagery of crematorium smokestacks.A suspect, 21-year-old James Isaac, of Roxbury, has been charged. His lawyer has said he suffers from mental health issues.Officials said backup glass panels had been kept in storage since the memorial was erected in 1995, just in case any needed to be replaced. In more than 20 years, until now, that’s never been necessary.The rededication ceremony on Tuesday is open to the public and scheduled for 1-1:30 p.m., rain or shine, the Combined Jewish Philanthropies, which oversees the memorial, wrote on its website. The act of vandalism, the CJP says, caused “both physical damage as well as great pain to our local community.”Gov. Charlie Baker, Boston Mayor Marty Walsh, and others are expected to attend, and speakers will include Holocaust survivors. “Together, they will echo the sentiments expressed by so many last week: our community is strong, we stand together to help each other, and we reject hatred,” the CJP says.“Hatred may have destroyed the first memorial, but we won’t let it stop us from remembering,” Mayor Marty Walsh’s campaign wrote on Twitter. News Boston’s Holocaust Memorial Has Been Fixed A rededication is planned for Tuesday.
For Sale/Rent On the Market: The Home Where Lizzie Borden Spent Adulthood After she was acquitted of brutally murdering her parents, Borden moved to Fall River’s Maplecroft. 9/11/2017, 10:08 a.m. Sign up for our weekly home and property newsletter, featuring homes for sale, neighborhood happenings, and more. 000 Photo courtesy of Mott & Chace Sotheby’s International Realty306 French Street, Fall RiverPrice: $849,900Size: 3,935 square feetBedrooms: 8Baths: 3.5From the street, this impressive Queen Anne Victorian looks like many of the other antique homes that make up Fall River’s historic Highlands District. But the house for sale at 306 French Street comes with a sinister twist—it’s the home Lizzie Borden lived in following the murder of her parents.Borden and her sister Emma moved into the palatial home in 1893, after Borden was acquitted of brutally murdering her father and stepmother with an ax. The duo inherited a large fortune upon the death of their father—worth about $7 million dollars today—which allowed them to purchase the manse. According to the Herald News, Borden named the house “Maplecroft,” and had the moniker carved into its front step around 1909. Borden lived a quiet life in the house until her death in 1927.Today, Maplecroft is poised to operate as a bed and breakfast. Its current owner carefully restored the interior to its 1893 splendor, but her plans to open the home as bed and breakfast fell through. The home is now being sold fully furnished; each room is outfitted with furniture and decor of the period. The place also boasts eight bedrooms, six fireplaces, walnut wainscoting, and inlaid parquet flooring. It’s listed for $849,900 by Mott & Chace Sotheby’s International Realty. History buffs beware, they’re asking for serious inquiries only.For information, contact Taylor & Associates, Mott & Chace Sotheby’s International Realty, mottandchace.com.Photo courtesy of Mott & Chace Sotheby’s International RealtyPhoto courtesy of Mott & Chace Sotheby’s International RealtyPhoto courtesy of Mott & Chace Sotheby’s International RealtyPhoto courtesy of Mott & Chace Sotheby’s International RealtyPhoto courtesy of Mott & Chace Sotheby’s International RealtyPhoto courtesy of Mott & Chace Sotheby’s International RealtyPhoto courtesy of Mott & Chace Sotheby’s International RealtyPhoto courtesy of Mott & Chace Sotheby’s International RealtyPhoto courtesy of Mott & Chace Sotheby’s International RealtyPhoto courtesy of Mott & Chace Sotheby’s International RealtyPhoto courtesy of Mott & Chace Sotheby’s International RealtyPhoto courtesy of Mott & Chace Sotheby’s International RealtyPhoto courtesy of Mott & Chace Sotheby’s International RealtyPhoto courtesy of Mott & Chace Sotheby’s International RealtyPhoto courtesy of Mott & Chace Sotheby’s International RealtyPhoto courtesy of Mott & Chace Sotheby’s International RealtyPhoto courtesy of Mott & Chace Sotheby’s International RealtyPhoto courtesy of Mott & Chace Sotheby’s International RealtyPhoto courtesy of Mott & Chace Sotheby’s International RealtyPhoto courtesy of Mott & Chace Sotheby’s International RealtyPhoto courtesy of Mott & Chace Sotheby’s International RealtyThe Boston Home team has curated a list of the best home design and home remodeling professionals in Boston, including architects, builders, kitchen and bath experts, lighting designers, and more. Get the help you need with FindIt/Boston’s guide to home renovation pros. Sign up for Home & Property newsletters. Design, real estate, and pretty things for living.* Print By Madeline Bilis·
1/2/2019, 5:06 p.m. Screenshots via Instagram LiveWhen Elizabeth Warren more or less launched her 2020 campaign on New Year’s Eve, the world was watching. So plenty tuned in to watch as the Senator flipped on an Instagram Live stream from the kitchen of her Cambridge home later that evening, and, in a totally natural and cool way, cracked open an ice cold brew.“I’m gonna get me, um, a beer,” Warren said into the camera before retrieving a glass bottle from a fridge, as viewers pelted her with questions and pounded the Insta button that makes hearts show up on the screen. The video—reminiscent of the popular livestreams hosted by a certain soon-to-be-inaugurated Millennial—also featured cameos from her husband, Bruce Mann, and their dog, Bailey (who will supposedly be a fixture of the campaign).As you might have imagined, not everyone was exactly buying the cracking-a-cold-one shtick (see: the Herald‘s front page, et cetera). The tweets, as they often are, were unkind. And in a moment where top Democrats and pundits seem fixated (fairly or not) on the question of whether she’s likable enough to be president, there were plenty of people primed to get an insincere vibe from a live video of an allegedly chill night in.Still, asked about the video by reporters on Wednesday, Warren suggested there may be some more Instagram-side chats in the future as the campaign gets underway. “It’s one more way to be able just to invite people into your home,” Warren said. “I wish I could just open the door and let lots of folks in, but this is a way to do it so that we get a chance just to kind of talk about whats going on. What matters to me is that everything in this campaign is about the people who are out there every single day, work hard, play by the rules and just want a government that’s on their side.”WARREN TO IOWA: Sen. Warren emerges from state House chamber to talk to reporters, responds to questions about Iowa, Instagramming her beer#mapolihttps://t.co/pOWUwzakSm— Gintautas Dumcius (@gintautasd) January 2, 2019She also revealed that her brew of choice is a Michelob Ultra, which she dubbed “the club soda of beers.” Which in case you were wondering is not a phrase in wide use, but is frankly a not bad way to describe the low calorie, low flavor stuff.It’s an open question whether the Instagram beer is a good or bad thing in terms of likability and so on. These things are an art, not a science. Donating her salary during the partial government shutdown, as she has pledged to do, might also help. But for what it’s worth, she has been on record as a beer drinker before, telling us last year that her “go-to order” at Paddy’s Lunch in Cambridge is “a light beer and a bag of Doritos.” So, checks out. Sign up for Boston Daily. News. Commentary. Every day.* 2930293 Print Politics Elizabeth Warren Drank the “Club Soda of Beers” on Instagram She celebrated her big announcement with an ice cold Michelob Ultra. Get a compelling long read and must-have lifestyle tips in your inbox every Sunday morning — great with coffee! By Spencer Buell·
Read all about the latest gym openings, healthy events, and fitness trends in our twice weekly Wellness newsletter. 1/9/2019, 6:08 p.m. 70174 Print By Asia Bradlee· Sign up for Health & Wellness newsletters. Everything you need to stay healthy and fit.* Photos via Fragrant Vanilla Cake / Mowellens / Hello Glow / MowellensCBD can be found in everything now, from mascara to lotions to cocktails. And it’s no wonder we’re adding the cannabis compound to everything—there’s increasing research that shows that CBD has many health benefits, such as pain relief, decreased anxiety and depression, and better sleep. CBD comes in a variety of forms, such as oils, food and beer, and body care products. The oil allows the most flexibility—you can drop some in your mouth before bed or create different recipes and infusions with it.Because of increasing popularity and hundreds of products on the market, make sure you do your research and buy a high quality, reputable brand of CBD oil to use in these recipes.1. CBD Oil Golden Milk RecipeVia Real Nutritious LivingThis anti-inflammatory drink is a great way to relax before bedtime, especially with the added benefits of turmeric and ginger. The amount of oil you use in the recipe depends on your desired dose, so it’s better to start small and work your way up.2. CBD-Infused GuacamoleVia Creating Better DaysFor a healthy snack that will also relieve some anxiety, make this guacamole. For a sweet and salty twist, try adding chopped mangoes. Serve with baked chips or fresh vegetables.3. CBD Hemp Honey and Matcha LatteVia Wake and Bake CBD-infused honey is used in this recipe, but if you don’t have any, just mix together honey and your desired dose of CBD oil. To make the tea, all you have to do is blend the ingredients together in a blender or Nutribullet.4. CBD Bliss BallsVia Hello GlowHaving a crazy day? Have one of these as your afternoon snack for some natural stress relief. These little bites are vegan and made with a base of macadamia nuts and almond flour.5. CBD Peppermint Chocolate CupsVia Fragrant Vanilla For a healthy dessert, try these chocolate cups. Instead of using artificial dyes, these cups get their green color from spinach or matcha powder. Make a big batch and store it in the freezer to have on hand whenever you’re craving something sweet.6. Berries and Chamomile CBD Cashew CreamVia Mowellens This simple cashew cream is made by blending chamomile tea and cashews until they form a cream. Once the cream is chilled, CBD oil and maple syrup are stirred in as the final touch. Serve the cream over berries or your favorite fruit.7. CBD Turmeric Ginger SweetsVia Nest and GlowAgar agar powder gives these gummies their gelatin-like texture. Instead of using a sweetener, carrot juice provides natural sweetness and gives the gummies their color.8. CBD Oil Salad DressingVia Living Freely Gluten Free Drizzle the next salad you make with this strawberry and CBD-infused salad dressing. If you’re not big on fruit-flavored dressings, feel free to leave the strawberry out and add some mustard or spices such as garlic and basil.9. CBD Oil Gummies for SleepVia Real Nutritious Living This gummy recipe uses tart cherry juice as the primary ingredient. Tart cherries contain melatonin, which is the hormone that helps regulate sleep. Use silicon molds to easily release the gummies when they’re done.10. CBD Fresh Mint TeaVia MowellenAnother common form of CBD is in teas, which is what this recipe uses to make this refreshing drink. If you don’t have CBD tea available and just have the oil, combine regular mint tea with a couple of drops of the oil for the same effect. Wellness Turn Your Self-Care Routine Up a Notch with These CBD Recipes The cannabis compound can be added to things like guacamole and chocolate to aid in pain relief, decrease anxiety, and help you get better sleep.