
“North Korea’s new leadership is apparently pushing for reforms in a bid to revive its crumbling state-directed economy, analysts and a South Korean official said Friday. The regime has held public lectures about the new system, which centred on easing tight controls over output and letting each production unit become self-supporting. Factories or companies would be given greater autonomy in management and set prices of products by themselves.” [Hey Americans: if North Korea can do it, maybe we can deregulate lemonade stands and milk too?]
http://www.rawstory.com/rs/2012/08/10/analysts-north-korea-seeking-economic-reforms/
Related posts:
Online freedom suffered setbacks in many countries
Treasury Secretary Lew: Jamie Dimon and I share ‘incredulity' on bitcoin
Lawmaker wants to make it legal to record conversations with the feds
Drug dog that’s barely more accurate than a coin flip is good enough
Western banking regulations could be 'mutually destructive': IMF
Lawyers’ Heaven: Big Banks’ Legal Bills Total $100 Billion.
Chase Bans Cash Deposits Without ID Over Money-Laundering Risks
Suspension over gun-shaped toaster pastry is now permanent mark on kid’s record
Oil and gas drillers use complex schemes to stiff retired landowners for royalties
Torture of prisoners persists in Afghanistan: UN
Obama Defends Use Of Drone Warfare
Bipartisan bill would require a warrant for police to search emails
US government invokes special privilege to stop scrutiny of data mining
Facebook US users can now send cash to friends in the messaging app
Google 'Donates' Millions For San Francisco Kids' City Bus Fares