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Inflation Remains a |
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| Many Americans assume that inflation is rising. They fear that the recent increase in commodity prices will lead to higher finished goods producer prices and then higher consumer prices. This fear is intensified because people tend to notice when prices go up for products they buy most often.
As economist A. Gary Shilling points out in a recent commentary, such ��쐗idespread fears of inflation are understandable. Historically, inflation is a wartime phenomenon when government spending is huge, while deflation reigns in peacetime. Still, the nation suffered a uniquely long 60 years of war, which started with rearmament in the late 1930s, was followed by World War II, which promptly gave way to the Cold War that was augmented by the War on Poverty. So, most Americans have never experienced anything but inflation, which they believe is the way God made the world.��� |
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The Media Transforma |
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| To understand where we��셱e going, it helps to understand where we��셶e been. If you bought a new car 10 years ago, it came standard with a cassette deck, but a CD player was a somewhat expensive option. If you buy a new car today, it comes standard with a high-end CD player, but a cassette tape deck is an expensive and almost useless option. The cassette tape, which revolutionized the way we listen to and share music with others, is dead. |
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Stocks Are Headed Hi |
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| With Social Security reform in the air and the election behind us, all eyes are on the stock market: Will it rise or fall as 2005 unfolds? For one perspective, we can look at what most of the big-name gurus are saying: |
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The 40-Hour Work Wee |
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| Futurists 50 years ago were projecting a 20-hour work week in the United States and Western Europe by the dawn of the 21st century. In most developed nations, their predictions have proven directionally correct: total work time has moved downward. |
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�쉶�쓽�쟻 �솚寃쎌＜�쓽 |
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| 吏��궃 50�뿬 �뀈媛�, �꽭怨꾨뒗 �냼�쐞 ��섎��移⑥껜���, 利�, �깮�궛�꽦 �몦�솕 湲곌컙�쓣 二쇨린�쟻�쑝濡� 寃れ뼱�삤怨� �엳�떎. �겕寃� �씠寃껋�� 湲곗닠怨� 寃쎌젣媛� �엫怨꾩젏�쓣 �꽆�뼱 �깉濡쒖슫 寃쎌젣瑜� 李쎌텧�븷 �븣 諛쒖깮�븯�뒗 �쟾�솚�쓽 �뿬�뙆����떎. �삉 �떎瑜� �썝�씤��� 1973�뀈遺��꽣 �떆�옉�맂 �뿉�꼫吏� 鍮꾩슜 利앷���뿉 �엳�떎. �떎�뻾�뒪�읇寃뚮룄 �삤�뒛�궇 遺곷�� �썝�쑀 諛� 媛��뒪 �봽�옒�궧怨� 4�꽭��� �썝�옄�젰 湲곗닠濡� �씤�빐 ����졃�븳 �뿉�꼫吏��뿉 ����븳 �젒洹쇱꽦�씠 �젏李� �뜑 �넂�븘吏�怨� �엳�떎. 洹몃윭�굹 �솚寃쎌뿉 ����븳 怨쇱엵 諛섏쓳��� �씠�윭�븳 �뿉�꼫吏��쓽 �깮�궛怨� 遺꾨같瑜� 諛⑺빐�븯怨� �엳�떎. �솚寃쎌뿉 ����븳 吏꾩떎��� 臾댁뾿�씪源�? �뿉�꼫吏�媛� �븘�슂�븳 �쟾 �꽭怨� 怨녠납�뿉 �겮移섎뒗 �쁺�뼢��� 臾댁뾿�씪源�? |
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[184]권 
