Economists and psychologists who tried to solve the problem, have shown that if we sign an agreemen

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The government decided to postpone the process of equality burden for another four years. This reminds me of the decision we swear to ourselves all over again: tomorrow diet. What happens in practice? emmy awards 2011 dresses Percentage of fat people in Israel (and the world) is only growing. Economists call this the problem of "time inconsistency" and English Time inconsistency. This theory was developed in part by economist Prof. Edward Prescott, Nobel laureate in economics who only visited Israel two weeks ago.
Theory emmy awards 2011 dresses of "non-consistency in time," explains us how to act irrationally, such as deciding on a diet and keep it, is basically rational emmy awards 2011 dresses if you analyze it in a dynamic way. In fact, the day you decide to two simultaneous decisions: First, you do not want to start the diet now that the promised pleasure Black Forest emmy awards 2011 dresses cake (this is just waiting for you on the table) - higher emmy awards 2011 dresses than the pleasure diet. On the other hand, it is clear that one day you have to start living healthier. So today, deciding we start this tomorrow. But tomorrow comes and we are in exactly the same situation we were in today: the pleasure of eating the cake is still high, and therefore, emmy awards 2011 dresses there is no chance of the diet will be successful.
Economists and psychologists who tried to solve the problem, have shown that if we sign an agreement that we will pay a fine for non-compliance with our promise emmy awards 2011 dresses to start a diet, it will work. If so, should also be applied to economic policy. If the Minister emmy awards 2011 dresses Lapid, who promised us a new politics, want to earn the public's confidence about its ability to meet the promises will close on 100,000 shekels. If you keep his word, will make sure he gets that amount back with a bouquet emmy awards 2011 dresses of flowers from the people, but if you do not keep his word, the money will be donated. If you agree to do so, we believe that he was serious in his bid for equality 'burden. emmy awards 2011 dresses " If not, we understand emmy awards 2011 dresses alone.
Scattering promises Israel emmy awards 2011 dresses is a nasty habit especially among politicians, "I promised, but did not promise to hold." As part of a new politics and a desire to responsible economic policies, the public should demand that every promise will "cover". Cyanotic promise appointed Prime Israel Lands Administration, and somersault back we saw this week is simply scandalous. From now on, anyone who promises us something, he shall at the same time what would pay if he does not hold it. If you have not done so, do not believe him. This will be the new politics.
I should mention that the theory on the policy of "time inconsistency" was developed specifically for monetary policy and not that of the fiscal. This theory made it possible to understand the importance of the choice of Governor Amin who stands in his promises. So who should be the next governor? emmy awards 2011 dresses
The decision is difficult because whoever it is will the shoes of those who as governor declared the best in the world. Fisher was not only responsible adult, but is also perceived as our beloved personality. Even when he got decisions populist and hard many young people emmy awards 2011 dresses realize their dream - a small apartment.
The decision is especially difficult because in the coming emmy awards 2011 dresses years, it is necessary to deeply reform the relationship between the various regulators in the financial market: the Supervisor of Banks, the Commissioner of the Capital Market and Securities Authority. They prevent erosion of public pensions and wages are having to take care of scandalous bank managers and directors of investment companies. So need a person charismatic visionary who can carry out reforms.
Well, I have a suggestion: Let's do an exchange governors! Ben Shalom Bernanke is leaving his position as Governor of the Central emmy awards 2011 dresses Bank of the United States in six months. While serving Fed Governor Stanley Fischer fits like a glove, it is clear that Bernanke is the best person to be the next Governor of the State of Israel. Incidentally, was a student of the University Fisher MIT, and he also knows a little Hebrew. Accordingly, we must not wait. Bernanke us to offer the job now. thus had time to improve your Hebrew and our leaders will be time to practice keeping promises.
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