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EMIGRATION: Migration that leaves one country for another country. This is the other side of immigration. While immigration is people moving into a country, emigration is people moving out. People emigrate for the same reasons they migrate in general, to improve their lot in life. Emigration can be a problem for a country that's not highly developed because those who leave are often the "best and the brightest." As such, a country that's struggling to advance often finds itself left with unskilled, uneducated labor--the poorest of the poor who can't afford to leave.

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CONFERENCE BOARD, THE

A private, non-profit, global organization established in 1916 that collects and distributes economic data to assist consumers, business leaders, and government policy makers in their economic decisions. The Conference Board is responsible for compiling the leading, coincident, and lagging economic indicators that are used to track business-cycle activity as well as the widely publicized Consumer Confidence Index. The Conference Board also convenes numerous conferences each year that provide forums to discuss and analyze pressing economic issues.

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PINK FADFLY
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Today, you are likely to spend a great deal of time at a dollar discount store hoping to buy either a green fountain pen or a handcrafted bird house. Be on the lookout for deranged pelicans.
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Cyrus McCormick not only invented the reaper for harvesting grain, he also invented the installment payment for selling his reaper.
"Aerodynamically, the bumblebee shouldn't be able to fly, but the bumblebee doesn't know it so it goes on flying anyway. "

-- Mary Kay Ash, entrepreneur

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