Foreign Affairs: Ambivalent Economy

Article Abstract:

Wales has been offered the possibility of some self-government, but many voted against the referendum that would have given Wales a semi-autonomous Assembly. Some people were concerned that paying for the Assembly would just mean higher taxes, while others simply knew very little about the referendum, which was poorly covered in the media. The referendum did pass and the National Assembly of Wales must now try to govern Wales.

Wales, Social aspects, Political aspects, Self-determination, National, National self determination, Regionalism

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Building Wealth

Article Abstract:

Knowledge has replaced natural resources as the basis for creating wealth. The growth of knowledge-based business opportunities in the US is a third industrial revolution that is creating an explosion of wealth. The new economic model requires brilliant individual entrepreneurs as well as public investments in education, research and development.

United States, Knowledge management, Wealth

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The computer and the economy; will information technology ever produce the productivity gains that were predicted?

Article Abstract:

Several factors explain why gross domestic product per hour of labor has improved with computerization as had been predicted. For example, computers and information technology are not as influential on the US economy as many people believe.

Industrial productivity

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