This would not be weird were American households saving more and investing their savings in productive ventures.
As a result, they tend to be conservative in their farming decisions, eschewing productive ventures that might raise the expected value of their income, but also raise its variance.
But they are being well-directed by the campaign, putting their energy into productive ventures like voter registration, organisation and encouraging the small-donor fundraising that has become Obama's bread-and-butter.
As the logic goes, once sustenance is eliminated as a worry, weak companies can be shuttered without concern for those thrown out of work, freeing up capital and talent for more productive ventures.
The minister responsible for energy, Steingrimur Sigfusson, who is also leader of the Left-Green Movement, thinks that Iceland should focus on using its electricity to develop industrial-scale greenhouses, fish farming and other productive ventures, not to power homes and factories in Europe.
Much of the investment during the early 1990s went into factories and other productive ventures in Southeast Asia.
Cayman investment funds are already lining up to play a role in the economic recovery by attracting international institutional investors to investment funds that will support economically productive ventures, including many in G-20 economies.
Games and sing-alongs were organized throughout the day, but they were balanced with productive ventures like collecting debris, rebuilding destroyed homes, planting trees, and, of course, planning the next action.
As Volcker observed, the investment banks stopped investing in truly productive ventures and turned into "trading machines instead of investment banks," resulting in "encroachment on the territory of commercial banks, and commercial banks encroached on the territory of others in a way that couldn't easily be managed by the old supervisory system".
Since 15% of all firms were JVs during the 2000s, economic growth would have been 0.43% slower each year if China didn't have those more productive joint ventures.
"We're able to turn all of the waste stream into productive products," says Kathleen Ligocki, the chief executive of Harvest Power, a venture capital-funded clean-tech company that built the Florida facility.
