Word: modernizing
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Applying Smith's teachings to the modern world, then, is a much more complex and doubtful endeavor than it's usually made out to be. He certainly wouldn't have been opposed to every government intervention in the market. On financial reform, it's easy to imagine Smith supporting the creation of a Consumer Financial Protection Agency and crackdowns on giant financial institutions. He might have also favored the just-passed health care reform bill, at least the part that requires states to set up exchanges to ensure retail competition for health insurance...
...fossils of early modern humans have been discovered alongside artifacts - such as bracelets and necklaces - that indicate they had culture. And Krause says the location of the Denisova hominin - among artifacts assumed to be human - raises the possibility that the Denisova hominin was similarly advanced. "The fossil was found with modern technology and ornaments, including a very beautiful bracelet," he says. "It's a big step to argue that the Denisova hominin created them - if you find a Coca-Cola bottle near a mummy's tomb, you don't assume that the mummy invented Coke. But the coincidence is tantalizing...
From owners of the smallest mom and pop shops to executives of the mightiest corporations, not going to college these days is becoming increasingly trendy in some circles. But because the place of the modern university education is so essential for the political, economic, and social development of most individuals, it would be optimal for one to invest in their education through such accessible plans as a 529 college savings plan...
Thus, if we choose to define our economy and our lifestyles such that a modern university education is at the core of one’s financial security and social stability, then the government, individuals and the private sector should work in collaboration to make investing in 529 college savings plans or variants of the plan a priority. Students should be encouraged to get good grades, involve themselves in activities, and be model citizens to garner the endorsement of nonprofit organizations like the Bill and Melinda Gates Foundation. By 2016, the Gates Foundation will have sent 27,000 low-income...
Investing in a modern university education bears little risk in today’s difficult financial times. Five hundred twenty-nine college savings plans and variants of it are the best way to start. The impact on our economy will be an increase in education across the spectrum, which will cause businesses to grow as the skills and goals of business owners will align and synergize in equilibrium...