The new body will be able to draw on that department for economic models and manpower.
They say this can be done without reducing prosperity so long as different economic models are followed.
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This isn't how these columns, or the classical economic models we follow, think about debt and growth.
Unfortunately no one seems to understand that, and we continue to chase blindly after failed economic models.
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Economic models that fail to accommodate this reality are likely to meet their Waterloo in Africa.
However, states can follow the economic models of Texas and Washington and offer their consumers an attractive alternative.
But there is also a difference, if you like, in the competing economic models of the two sides.
The Islamist leaders said their economic models came from Turkey and the center-right parties of France, not Singapore or Chile.
In simple economic models, a 40% tax rate costs the economy four times as much as a 20% tax rate.
In their economic models, high inflation is caused by too much demand, and high unemployment is caused by too little.
Taleb's method is very similar to what CEOs need to be doing--understanding the key leverage points of their economic models.
One way of describing the evolution of our political and economic models is as a macro trend from selfishness to selflessness.
Yet the Greek economy shares many features with the economic models prevailing in the former Soviet Union and in Latin American nations.
To central bankers, he advocates more rigour in evaluating the impact of their decisions through greater use of economic models and forecasting.
D. economists may know a great deal about building economic models that help business executives and government policy makers pursue intelligent decisions.
Sargent, in particular, was concerned with the internal consistency of economic models: the results had to follow, with unbroken logic, from first principles.
Bottom line: there are lots of new, talented editor-curators out there who are attracting an audience using different labor, distribution and economic models.
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It and Couchsurfing are showing us that old economic models are extraordinarily vulnerable and that recession plays are changing the landscape in dramatic ways.
This is a far better objective than ideologically, and perhaps almost mindlessly, bolstering financial institutions by relying on economic models that are no longer applicable.
We understand the plight of reporters as the media industry succumbs to broken economic models and a century-old industry newsroom structure that is no longer relevant.
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Because change is what produces opportunity, the faster the future arrives--with all its weird new technology, disruptive economic models and shifting alliances--the more opportunity there will be.
"The economic models make no sense, " says John Fithian , president of the National Association of Theater Operators (NATO), which represents 700 operators and their 25, 000 screens.
However, it is actually a significant shift in the business and economic models for provisioning and consuming information technology (IT) that can lead to a significant cost savings.
And those reports are based on the economic models in the SRES. And in the SRES is is assumed that globalisation will reduce climate change, not increase it.
We have economic models that work for entrepreneurial philanthropy today.
This partly reflects different assumptions made in their economic models.
During the Great Depression, when millions were unemployed and some believed that other economic models offered a better way, there were those who predicted the end of American capitalism.
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France, Italy and Spain clearly believe it will be easier to persuade Germany to underwrite their broken economic models with euro-zone bonds than to persuade their electorates to accept change.
One of my favourite examples of this economics and environmentalist stuff comes from the IPCC reports on climate change, Actually, from the economic models on which all of the IPCC reports are based.
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Standard economic models predict that in the absence of clearly defined property rights, such common resources will be overexploited, with individuals acting without regard for the effects of their actions on the overall pool.
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