"Budget of the United States Government, Fiscal Year 2018" contains the Budget Message of the President, information on the President's priorities, and summary tables. President Trump's 2018 Budget's defining ambition is to unleash the dreams of the American people. This requires laying a new foundation for American Greatness. Through…

State efforts to boost the economy--economic development--first came to Pennsylvania in the 1950s with the establishment of the Pennsylvania Industrial Development Authority (PIDA) low interest loan program used to recruit manufacturers to Pennsylvania, including devastated coal regions. Since that time, economic development in Pennsylvania and…

Conventional pundits, pollsters, and forecasters are focused on whether the economy will improve sufficiently in 2012 for President Barack Obama to gain reelection. The Keys to the White House, a prediction system that the author developed in collaboration with Vladimir Keilis-Borok, founder of the International Institute of Earthquake Prediction…

The emigration of highly-qualified academics ("brain drain") is considered an essential factor in the decline of the human capital of post-Soviet Russia. However, statistics show that the scale of this phenomenon since 2000 was minor. The Russian scientists who went abroad for permanent residence or for a contract job abroad represented…

The critical roles of entrepreneurs in creating, operating, and destroying markets, as well as their importance in driving long-term economic growth are still generally either absent from principles of economics texts or relegated to later chapters. The primary difficulties in explaining entrepreneurship at the principles level are the lack of a…

This paper presents a new index to quantify, measure and monitor the progress towards the objectives of the Europe 2020 strategy. This index is based on a set of relevant, accepted, credible, easy to monitor and robust indicators presented by the European Commission at the time the strategy was launched. The internal analysis of the index shows…

This article emphasizes the regional development in today's Russia and focuses on the current state of the system of higher education. The concept of elite professional education is used as a means of social mobility and an instrument for the formation of the social structure of a particular region. What prompted this approach was an analysis of…

The economy's need for workers originates in the demand for the goods and services that these workers provide. So, to project employment, BLS starts by estimating the components of gross domestic product (GDP) for 2020. GDP is the value of the final goods produced and services provided in the United States. Then, BLS estimates the size--in…

The logic behind international aid to development has typically centered on economics. Notwithstanding the variation in focus--from macroeconomic monetary and trade policies, to economic wealth programs aimed at creating jobs, to supply- and demand-side reforms--the central discourse on international aid has been dominated by a political…

The U.S. economy today has been in recovery since 2009. But nearly everyone agrees that the recovery is anemic--too slow to reduce the high level of unemployment. Real Gross Domestic Product (GDP)--the total value of all the goods and services produced in the United States--increased at an annual rate of 2.8 percent in the fourth quarter of 2010.…

"Budget of the United States Government, Fiscal Year 2017" contains the Budget Message of the President, information on the President's priorities, and summary tables. President Obama's 2017 Budget makes critical investments while adhering to the bipartisan budget agreement he signed into the previous fall, and it lifts sequestration in…

June 2009 is seen by many as the end of the Great Recession. Strong growth in GDP following massive monetary and fiscal responses to the collapse in housing and financial markets meant that the economy was on the mend. Yet a year later, 1.1 million "fewer" people are working, and the unemployment rate is stuck at 9.5%. Worse still, more than one…

Neoliberal policies, in spite of their considerable damage to economic equality, the environment, and education, remain dominant. In this paper, we suggest that neoliberalism has remained dominant in part because the power elite who benefit from the policies have gained control over both public debate and policy-making. By dominating the discourse…

Big changes are ahead for China, probably abrupt ones. The economy has grown so rapidly for many years, over 30 years at an average of nine percent a year, that its size makes it a major player in trade and finance and increasingly in political and military matters. This growth is not only of great importance internationally, it is already having…

In terms of political liberation and constitutional democracy, Americans cannot help but think back to 1776 and the Declaration of Independence. For the English, the mind reaches back to the English Declaration of Rights of 1689, and for those with somewhat longer historical memories, to Magna Carta of 1215. But the true origin of political…