If low inflation persists alongside very low unemployment, the new-economy shock can be declared the winner.
The new-economy crowd insists this is nonsense: inflation is dead, and the concept of a natural rate of unemployment outdated.
Reconciliation of massive high-tech investment and relatively slow productivity growth in service industries remains an important task for proponents of the new-economy position.
NAIRU. More important, the new-economy people forget that overall labour costs have risen more slowly than wages because the cost of non-wage benefits, such as health insurance, has barely budged.
The new-economy theorist Richard Florida once praised the innovative practices of Best Buy, the electronics retailer, by noting that, after a sales associate made a small but effective improvement to a display rack, the corporation implemented the change nationwide.
It appears increasingly clear that winners in the new-energy economy will exploit the strengths of each side.
Has the U.S. economy followed the options-driven new economy inexorably into the abyss?
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John Graham of Indiana University, who ran OIRA under Mr Bush, cites the new fuel-economy standards as an example.
Never do you see the story's opposite--the New Economy poobah going upstream.
The new service-based economy rewards communication and adaptation, qualities that women are more likely to have.
GM's weakness in the Old Economy--jack of all models, master of few--could turn out to be an ace in the New Economy car-portal wars, which will calculate value on ears-per-hour, not J.
The plan laid out a compelling vision of how universal broadband access could jump-start the stalled economy, catalyzing new on-line services in education, employment, health care, public safety and energy.
Allowing for growth in population of around 1% a year, America's long-term growth in incomes per head is estimated today at between, say, 1.5% (by old-economy stick-in-the-muds) and 3% or more (by new-economy enthusiasts).
His vision includes making the power-hungry Sun Belt city into a leader in the new energy economy through initiatives like the largest municipally owned mega solar project and the Decade of Downtown inner-city revitalization program.
Now, in the Pennsylvania boonies during the bust, he's New Economy--but without the overhead, fancy venture capital and gaudy expectations that killed so many boom-era dot-coms.
Now, in the Pennsylvania mountains during the bust, he's New Economy--but without the overhead, fancy venture capital and gaudy expectations that killed so many boom-era dot-coms.
Every Fortune 500 company should take a page from its book or risk becoming irrelevant in the new global women-driven economy.
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Mr Greenspan was shaken out of his love affair with the inflation-defying new economy by a sharp rise in inflation during March.
Internet start-ups are likely to continue winning a warm reception, helped by their looser links to the state and the continuing fever surrounding new-economy stocks.
And fewer Buckeye fans traveling south to New Orleans would also mean fewer room nights and tourist spending on Bourbon Street and the French Quarter in the still-depressed New Orleans economy.
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The new corporate-average fuel economy (CAFE) figure, originally scheduled for 2020 but brought four years forward by the Obama administration, amounts to a 34% increase over today's actual average of 26.4mpg.
As states try to position themselves for the more tech-oriented new economy, having public-private initiatives is seen as one way to elbow their way into the ongoing discussion and remain relevant.
The fuel economy standard (FES) policy regulates the sales-weighted average fuel economy of new vehicles (designed to be similar to the Corporate Average Fuel Economy, or CAFE, standards, which were enacted in 1978 and have been recently tightened).
Politicians have made us believe that buying new things is good - that we shouldn't be miserly and hang on to our old possessions, our old appliances and our old clothes, but that we should toss them out the second they get worn and buy new ones - to keep the economy going.
We are the first fund that invests in core-level infrastructure of the new generation economy.
The failure to adopt radical new policies to jump-start the economy and in one fell swoop to resolve the insolvent bank situation by ridding the overhang of toxic bad paper "increases the risk of a further dramatic equity sell-off, " says Christopher Wood, CLSA emerging markets analyst.
It will be innovation more broadly, and new technologies across all sectors of our economy, that will create long-term expansion for the economy and a new great cycle of job growth.(See The Next Great Growth Cycle.) Manufacturing is coming back, and is being revitalized by advancing technology from the full infusion of information technology to the seeming magic of emerging 3D printing.
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The biggest gains are in new-economy sectors such as high tech and communications.
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