The looming problems associated with such an arrangement (for example, Soviet diversion of desperately needed hard currency from reforming East European states to its own coffers) underscore the wisdom of Senators Robert Kasten (R-WI) and Robert Dole (R-KS) and presumably of organized labor who believe that another method to assist economic revitalization in Eastern Europe should be pursued, i.e.
Elsewhere in our spring Investment Guide we offer the wisdom of Yale professor Robert Shiller on how to insulate yourself from oil-price unpleasantness ( Click here for more).
In a CNBC debate last week, former Labor Secretary Robert Reich presented a set of contradictory beliefs that unfortunately reflect the conventional wisdom of modern economists.
Thus, the received wisdom among industry insiders in recent years roughly since Robert Gates took over as defense secretary in 2006 has been that companies should expect a gradual softening in domestic demand for military goods, which can be covered in part through increased overseas sales.