Description: This article discusses the difficulties in how to deflate overheated economies, and at the same time to stimulate productivity and maintain high employment. It also describes the results of Prime Minister Margaret Thatcher's monetary and fiscal policies to achieve these goals.

Description: While some people proclaim the imminent triumph of renewable energy, this article argues that fossil fuels will continue to be part of the energy mix.

Description: Minor changes in the Internal Revenue Code would encourage corporations to use Trust Fund financing, thus fueling economic prosperity without population expansion. However, even without these changes, a number of companies have found that establishing an employee trust is the answer not only to their capital requirements, but also to their employees’ increasing demands for a “piece of the action.”

Description: Evan Borisenko looks at previous challenging environments for the life insurance industry, such as the a period of severe stagnation in the 1930s, the increased inflation in the 1980s and a catastrophe like the Spanish influenza after the World War I. Evan explains that "while each event described above challenged the life insurance industry in a unique way, each event stimulated an equally unique solution." The article concludes that we "fight to repeat history" in a way that we as actuaries should be able to propose unique solutions with when faced with crisis in the future.

Description: It summarizes the activities that took place on the “Day of reflection and evaluation of insurance in Argentina” held at the School of Economic Sciences at the University of Buenos Aires (FCE-UBA) on October 17th. The main objective of the Day was to present the progress achieved through the National Strategic Plan for the Insurance Industry (PlaNeS 2012-2020) launched in 2012. The audience included the Superintendent and Vice Superintendent of Insurance, Juan Bontempo and Santiago Fraschina, as well as the Dean of the FCE-UBA, Professor Alberto Barbieri, and authorities of all insurance chambers and industry trade bodies.

Description: In this article the author argues that a falling currency is a symptom of a country’s economic problems and discusses Canada’s experience through late 1997, and concludes that the government’s fiscal and monetary policies were not the long term answer to the problem.

Description: Risk management techniques do not include system science. System science requires that the uncertainty of the world is incorporated into the results. The articles explains the difference between risk and uncertainty. Learn how risk practices create an overoptimistic view of future outcomes.

Description: Announcement of this event, to be held May 6-9, 2012. The theme is 'The Actuarial Profession and Social and Economic Development'.

Description: Applies the economic concept of negative externality (where firms profit but create unacceptable social costs) to systemic of financial institutions. Identifies alternatives to the traditional (Pigou) response of taxing the firm.

Description: Summarizes the state of US government balance sheet and defends the view that inflation will not rise sharply in the next few years.