Debunking the 'curse of oil'

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A paper co-written by an Indiana University economics professor takes issue with the widespread idea that there is a "natural resource curse" that puts countries with oil or mineral wealth at a disadvantage when it comes to economic growth.


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All News summaries for July 07, 2008

American Workers Overwhelmingly Support Paid Sick Days, Labor Day Survey Finds

6 hours ago | User rating: not rated yet
(PhysOrg.com) -- More than three-quarters of workers polled in a national survey released today view paid sick days as a basic right of employment that should be guaranteed by the government. The survey was conducted by the ...

How Temporary Help Agencies Impact the Labor Market

7 hours ago | User rating: not rated yet
(PhysOrg.com) -- Temporary help agencies place nearly 3 million Americans in jobs each day -- but the temp industry's very success may embolden some managers to view all workers as impermanent, jobs scholar Vicki Smith argues ...

Reckless Spending, Not Illness or Job Loss, Causes Most Bankruptcy

7 hours ago | User rating: not rated yet
(PhysOrg.com) -- Simple overspending has driven most personal bankruptcies in recent years, a change from previous decades when illness and unemployment were major factors, concludes a new study from the University of California, ...

Chemist Discovers the Elusive Chemical Middleman That Removes Acid Rain

7 hours ago | User rating: not rated yet
(PhysOrg.com) -- Researchers have discovered the middleman in the complex chemical reaction that is essential to the atmosphere's ability to break down pollutants, especially the compounds that cause acid rain. The study ...

Breakthrough could help combat superbugs

8 hours ago | User rating: not rated yet
(PhysOrg.com) -- Scientists have worked out a key mechanism that protects bacteria against stress in a major discovery that could lead to new ways of killing superbugs like C. difficile and MRSA.
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