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World News. World's troubles solved by wise men and women at . Numerous drinks plus the canapes were fantastic also! Summary on the conclusions (properly, mine anyway):Deregulate, innovate, federalise and economise (quit wasting dollars). And the .

Posts with the week. Stephen Hicks on .

There are nine countries using a minimum wage (Belgium, Netherlands, Britain, Ireland, France, Spain, Portugal, Greece, Luxembourg) patek philippe best replica . Their unemployment prices range from 5.9% in Luxembourg to 27.6% in Greece. The median nation is France with 11.1% unemployment.

There are nine nations with no minimum wage (Iceland, patek philippe fake Norway, Sweden, Finland, Denmark, Austria, Germany, Italy, Switzerland.) Five in the nine possess a lower unemployment price than Luxembourg, the ideal of the other group imitation watches . The median country is Iceland, with a 5.5% unemployment price. The largest country in Europe is Germany. No minimum wage and five.2% unemployment.

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Too many superior posts on existing affairs to even believe about listing them.

Education. Introducing a .

Today the Liberals introduced legislation for Labor's conversion of the Student Start-up Scholarship into a brand new income-contingent loan, the Student Start-up Loan.

Overall, its design is closely linked to the Higher Education Loan Plan (Assistance). On the other hand, folks who take out SSLs won't have to start off repaying till following they've repaid their Assistance debt. Potentially, that is definitely not to get a really lengthy time.

Experience with all the former Student Monetary Supplement Scheme, below which students could trade in $1 of revenue support for a $2 loan, suggest that there's considerable adverse selection with earnings support loans.

From figures provided in the course of discussion of closing the SFSS down in 2003, I estimate that about $2.7 billion was lent in between 1993 and 2003. The Department's annual report for 2016-13 says that $1.eight billion is still owed, of which they class 63% as doubtful debt. Doubtful debt for Help is estimated at 23%.

Around the town: The notice board for the ATA:

Gerard Henderson's . Renewed on Friday afternoon.

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For nerds.

The Guardian reports now on a movement within the UK to address "the crisis in economics teaching, which critics say has remained largely unchanged since the 2016 financial crash regardless of the failure of several inside the profession to spot the looming credit crunch and worst recession for 100 years." For those who think this refers to a movement to discredit orthodox Keynesianism, which dominates monetary theory and practice in all countries, and its view that discretionary fiscal and (especially) monetary policy are required to steer the economy on a smooth course, with unique focus to asset markets exactly where prices has to be increasing at all times, you'd be wrong. No, the reformers are calling for "economics courses to embrace the teachings of Marx and Keynes to undermine the dominance of neoclassical free-market theories."

The major in the world. Exactly where does Bill Gates stand in this ranking?

For truly critical nerds, a new journal for research on .

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