European cities score high not only because of increased stability and rising living standards, but also based on advanced city infrastructures, which Mercer ranked separately this year for the first time.
Geithner said the United States will soon release a framework for regulatory reforms that is guided by several principles, including stronger oversight of financial institutions and stricter standards for stability and disclosure.
It is also well known that long-run price stability was achieved under commodity standards but never under pure fiat money.
FORBES: End The Fed, Or Celebrate Its Existence? Reflections On Our Central Bank's 100th Anniversary
In a debate on the draft European regulation, Financial Secretary Mark Hoban said the plans would "limit the ability of member states to respond to the unique characteristics and risks of their markets and, where necessary, go beyond minimum standards to ensure financial stability in their own jurisdiction".
The Air Accidents Investigation Branch (AAIB) said the aircraft, by modern standards, had "low stability and power margins and poor flight instrumentation".
Much of what the government can do would not cost much: for example, passing laws to promote stability in teachers' careers and improve training standards, and encouraging and disseminating good practice, whether in teaching methods or school management.
During peacetime, commodity standards (silver or gold) worked through market forces to achieve price stability, and thus safeguarded the purchasing power of money.
FORBES: End The Fed, Or Celebrate Its Existence? Reflections On Our Central Bank's 100th Anniversary
Price stability is a utopian concept on its best day that would hamper innovation on the way to reduced living standards.
Quoting the FSA report, Mr Osborne said that in failing to observe "proper standards of market conduct", Barclays created the risk that "confidence in, or the stability of, the UK financial system would be threatened".
应用推荐