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Posts Tagged ‘incentive’

“Exchange rate good for exports”

The Serbian dinar (RSD) exchange rate against the euro “already at the current level provides a sufficiently strong incentive for exports increase. The weakening of the domestic currency will also help with the balance of payments adjustment, Vice-Governor of the National Bank of Serbia (NBS) Bojan Marković said on Monday, stressing that only part of the incentive is visible at the moment, while its full effect has yet to be realized.

Naked Credit Default Swaps Are “Like Buying Fire Insurance On Your Neighbor’s House — You Create An Incentive To Burn Down The House”

I have repeatedly argued that naked credit default swaps should be banned. See this and this.Savvy commentators like Wolfgang Munchau and Yves Smith are saying the same thing.As I wrote last July:Obama’s regulation of credit default swaps leave loopho…

Wall Street Journal Admits Economists Were Wrong, But Fails to Discuss their INCENTIVE for Being Wrong

The Wall Street Journal admits this week that economists blew it:The pain of the financial crisis has economists striving to understand precisely why it happened and how to prevent a repeat…The crisis exposed the inadequacy of economists’ traditional…

‘Cash for Clunkers’ drives up US auto sales

The popular "Cash for Clunkers" incentive helped kickstart the US auto market in July, with Ford leading the way on Monday by registering its first increase in sales for almost two years.  Total sales hit a seasonally adjusted annualised rate of 11.24 million vehicles in July, the first timeThe popular “Cash for Clunkers” incentive helped kickstart the US auto market in July, with Ford leading the way on Monday by registering its first increase in sales for almost two years. Total sales hit a seasonally adjusted annualised rate of 11.24 million vehicles in July, the first time


GOP Rep Tiahrt Asks Whether Obama’s Mother Would Have Had An Abortion (VIDEO)

***SCROLL DOWN FOR VIDEO***

Arguing to restrict the public funding of abortions within the District of Columbia, Rep. Todd Tiahrt, R-Kans., suggested on Thursday afternoon that if such “financial incentives” were available some 47 years ago, …