Saturday, November 24, 2007
"Economics and the Roots of Terrorism" Common interests for US&China
Alan Krueger, Economics and Public Policy Professor at Princeton.It is based at London School of Economics and Political Science. Terrorism is premeditated, politically motivated violence leading to costs in economics. Terrorists are not necessarily drawn from the ranks of the poor and uneducated - they were mostly educated, middle class men from Pakistani and Jamaican families living in United Kingdom. Hernendo de Soto, author of The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else." The way is not with bigger guns but with better ideas and legal reforms that win over their largest constituency, the poor. Nobel Laureate in Economic Science Yunus said in 2006 that it was essential to put resources into improving the lives of the poor via micro loans of banks. I would stress training of marketable skills under apprenticeship programs as Prime Minister Brown of UK has been stressing at C-Span Radio address several days ago. For details,see "Keys for Economic Understanding" at www.Borders.com online to click used book for such important topic for reducing poverty in the world. Education and Training would be the way to eliminate terrorism.Bill Clinton,Al Gore both made comments along these lines, in additon toPresident Bush,demonstrating that this is a bipartisan issue in the United States as a result of the happenstance of world events. Richard Armitage, the deputy Secretary state published an op-ed piece in the New York Times on Pakistan's problems that claimed General Musharraf has shown that he understands the seriousness of dealing with the root cause of extremism, making real efforts to improveeconomic and educational opportunities. Francis Shieh aka Xie Shihao.Nov.24, 2007 at 1.37 p.m.