It seems that to move forward, we need a consensus definition of economic development and a vision for the type of world we would like to live in and leave to our children. In work with the Economic Development Administration, US Department of Commerce, we have defined economic development as the expansion of capacities that contribute to the advancement of society through the realization of individual, firm, and community potential. Economic development can be measured as a sustained increase in prosperity and quality of life realized through innovation, lowered transaction costs, and the utilization of capabilities toward the responsible production and diffusion of goods and services. Economic development requires effective institutions grounded in norms of openness, tolerance for risk, appreciation for diversity, and confidence in the realization of mutual gain for the public and the private sector. Economic development is essential to creating the conditions for economic growth and ensuring our economic future.
The investment and expertise of local business and community leaders fund initiatives that fuel growth for existing industry and prepares the region for future employment opportunities, helping the Chamber achieve its mission of driving regional economic prosperity.
Still, B.C. stopped well short of blind optimism. He concluded: "Now that the speculative orgy has ended, many who have been neglecting their legitimate business will return to their knitting. ... This will be a good thing for the country. It cannot be expected, however, that prosperity will entirely escape the stock panic's aftermath."
As owner of baseball's Los Angeles Angels, William Wrigley, the chewing-gum titan, annoyed his fellow owners with a unique strategy: letting women attend games for free as a way to draw more (ticket-purchasing) men into the stands. His peers quieted down only when he "agreed not to accept any portion of the admission fee charged women in the other parks of the league." (Wrigley, of course, also owned those perennial disappointments the Chicago Cubs.)
This exhibition features a selection of large-scale photographs made from the more than five-hundred original transparencies, providing a view of the optimism and prosperity of certain segments of American society during the second half of the twentieth century.
A second point often missing from the discussion is this: prosperity depends upon efficiency (e.g. mass production), which generally requires large investments. So, unless those with the means to invest have some hope of being able to keep their profits (since most will fail, and lose their investment), the system will not work.
Footnote: the war did not lead to economic prosperity in the United States. Yes, GDP soared because we spent a lot of dollars killing other humans, but that is not the same thing as economic prosperity.
We know what it comes from and we fought tooth and nail to combat the privileged few who are eligible for prosperity by forming unions. We forced the prosperous, wailing and gnashing their teeth, into the 20th century. Some, like you, are still fighting it.
Mexico can be used as an example. A lot of hard working people who could build a nice economy yet nothing like this is going on and many come to the US seeking a better life. What is wrong here? It is not a lazy and unmotivated population. It is the other enemy of prosperity that is not often discussed in conservative circles. Greed. That is the risk taker believes he is entitled to all the money not just a portion and leaves none for the rest.
Now the global shift is to find the poorest most desperate people to work in factories and pay them next to nothing yet charge regular high price for all the goods made. It is not sustainable and is not generating true prosperity. Our economy is already shot and will probably collapse soon, nothing is sustaining it.
I absolutely agree that hard work and effort on the part of all are the path to prosperity. But answer the question. Why would a person want to work super hard, get minimum reward so that some super billionaire can have even more? This is not a equation that will work. What motivates the worker now? In time the Chinese workers will tire of their long hours and low pay.
Narrator: Polaroids have had a bit of a resurgence lately as a retro product, but that's actually not the same company that made the originals. That Polaroid is long gone. See, there are two sides of creative destruction. Entrepreneurs inventing new products or ways to save money are how we improve our standard of living. These improvements are the foundation of prosperity, and positively impact generation after generation. But the flip side can make jobs or even whole industries go extinct.
Unlike the games, that pain typically subsides. People usually find new jobs. Most of those thousands of employees at Polaroid and Kodak went on to other types of work. When you take the long view, these job changes have historically been beneficial. In the 1800s, more than half of the United States was employed in farming. Because of time-saving inventions like the tractor, farmers now make up less than 2% of the workforce.
Now the senior safety and his teammates are staring at the possibility of a 6-6 record in Mark Richt's sixth season unless they can upset No. 5 Auburn or No. 19 Georgia Tech in their final regular-season games.
"It's hard to fathom," Battle said. "We're a traditionally winning program in the Richt era. We're all guys that are used to winning. I haven't even lost this many games in high school. I haven't lost this many games as long as I can remember. This is a new experience for me."
At Florida State, Richt was on the staff for all but one year as the Seminoles finished with a top-five ranking from 1987-2000. Now he's trying to prepare a team that has lost four of its past five games to go on the road and beat a top-five team.
Standing at 9 feet high x 12 feet wide, The Warmth of Other Sons is loosely based on historic photographs of Black families that migrated from the South to the North looking for economic prosperity. The title is a reference to the critically acclaimed book by Isabel Wilkerson, The Warmth of Other Suns, chronicling the Great Migration.
We've stripped the dignity from work. We've undermined our capitalist system, to now make it a system that benefits overwhelmingly, not shared growth and shared prosperity, but more and more concentrations of power. We're using that power to undermine our politics in Washington.
Cory Booker: A couple things. One is, we know stock buybacks, in the '80s were illegal. It was called stock manipulation, and we should start having conversations about the structural things that have changed our economy, that have concentrated power in the hands of the few, and undermined the shared wealth and prosperity of a vibrant entrepreneurial society that values the labor and the cost of labor. These are larger conversations that we need to have.
Disney cashed in on the happy days of the 1950s. He benefited from post-war prosperity, the baby boom and the creation of interstate highways that put Disneyland within reach of the rest of the country.
This momentous sponsorship is included in an initiative of the global sponsorship called by Banco Santander Football Can. It is based on the idea that football is the most popular sport in the world because it is capable of helping people to prosper in a unique way. The goal is first assuming and then boosting the dominant role of football as engine of prosperity and social change. 2b1af7f3a8