Sustainable development elevated social and ecological wealth to the same level
as economic wealth.
Not exact matches
As a firm, we have dedicated ourselves to advancing the American dream of
economic opportunity for all, including programs for our employees and our Corporate Responsibility initiatives to build
wealth and
economic mobility among families and entrepreneurs of color.
After quintupling since 2011, these investments, known
as wealth management products, now total an amount roughly equal to more than one - third of the country's annual
economic output.
The reason fairness would require that this ratio be equal to one is that,
as argued by the Italian economist Luigi Pasinetti in his 1981 book, Structural Change and
Economic Growth: A Theoretical Essay on the Dynamics of the
Wealth of Nations, a fair interest rate is such that the purchasing power of one hour of labour stays constant through time even when its monetary equivalent is lent or borrowed.
First, although it should be clear that neither GDP is «correct»
as a true measure of
wealth creation, I think there are good reasons to argue that the difference in real
wealth creation might be greater than the difference in GDP — in other words that U.S.
wealth creation is higher relative to U.S. GDP than China's
wealth creation is relative to China's GDP — and it is this adjusted GDP, representing real
wealth creation, whose value must be discounted to determine the
economic «
wealth» of each country.
An article in the Journal of
Economic Perspectives estimates that
as much
as 20 percent of
wealth can be attributed to formal and informal gifts from family members, but many people receive little or no assistance.
Below is a Brief Summary of Behavioral Finance Economists view the goal of investing
as maximizing
economic wealth.
The GIC, a group of seasoned investment professionals who meet regularly to review the
economic and political environment and asset allocation models for Morgan Stanley
Wealth Management clients, expects the economy —
as measured by gross domestic product, or GDP — to grow, but at below the rate to which we have become accustomed, based on prior second - stage recoveries; stock and bond returns will likely follow suit.
A major reason for the FOMC's overly optimistic forecast for
economic growth and its incorrect view of the effectiveness of quantitative easing is the reliance on the so - called «
wealth effect», described
as a change in consumer
wealth which results in a change in consumer spending.
We believe these markets will require adequate infrastructure to meet population growth, increasing
wealth and
economic expansion,
as well
as to keep pace with urbanization trends.
They usually cite
economic uncertainty
as a reason for owning gold, which is seen by mainstream investing knowledge
as a «safehaven'to protect one's
wealth in times of
economic crisis.
Between these extremes lies a more humane
economic order: one in which,
as Röpke put it, «
wealth [is] widely dispersed, genuine communities, from the family upwards, form a background of moral support for the individual, and a healthy balance [exists] between town and country, industry and agriculture.»
One night Grey listened to village politicians in a Chicago suburb
as they claimed that gambling would generate vast amounts of
wealth and
economic growth in their community.
With
wealth goes power, political
as well
as economic.
On the
economic plane, we have a society in which there are some who have immense
wealth as against many who live in abject poverty.
Even so his Inquiry into the Nature and Causes of the
Wealth of Nationsis a remarkable work which deserves respect both
as an enquiry and
as an argument for
economic liberty.
The world today is in bondage to the quest of
wealth, and it accepts mainstream
economic thought
as its theology.
This god named Mammon — money or
wealth — commands the devotion of so many in our society that we need to ask how we
as Christians can deal with a pagan god whose worship seems institutionalized in our very
economic system.
As was pointed out above,
wealth translates into
economic power and control through corporate stock and nonincorporated businesses, real estate and state and local bonds.
Economic globalization has created class societies with differences in
wealth and power
as great
as those against which Marx protested.
Indeed, our whole society instead of ordering
economic matters for the sake of overall human and social well being has subordinated itself to the market
as the instrument of producing
wealth.
He thinks a central task of a good society is to «convert,»
as efficiently
as possible,
economic wealth into human capabilities.
The utilitarianism of an individualistic period, which promised men that through faith they might gain the
economic virtues and
wealth, differs from the pragmatism of our social climate of opinion, in which religion is used
as a means for gaining social order and prosperity; but they are both utilitarian and equally remote from the love of God for his own sake and of the individual or social neighbor in his relation to God.
In 1826 he wrote on the subject of liberal
economic theories: «These theories
as they are practised have contributed to the growth of material
wealth, but have diminished overall satisfaction for the individual;... they tend to render the rich richer and the poor, poorer, more dependent and more miserable.»
At least some of our citizens have come to see that the present organization of our
economic life, including the corporation, threatens not only our democratic government, because of its inordinate political influence, but also our national character and form of life, because of its propagation of the idea of
wealth as merely the accumulation of consumer goods.
Herder's reference to the «invisible hand» organizing social and
economic life is quoted without so much
as a mention of Smith's
Wealth of Nations.
We are forced to conclude that,
as in Solomon's day, Yahwists believed that the power, prestige,
wealth and apparent security of the crown and the nation were bought at a price too dear — widening
economic disparity between rich and poor, the ruthless exploitation of society's weaker members, a deepening acquisitiveness and an inevitably accompanying disregard of the justice and righteousness of Yahweh, the meaning of covenant, and the true practice of the Yahweh cult.
These measures, which were aimed at both protecting the Indian poor from exploitation and creating India's industrial infrastructure, checked
economic inequality, even if,
as Nehru's critics allege, they distributed poverty more than they shared
wealth.
Preston (1991), who values the
economic efficiency of the market, nevertheless acknowledges that left to itself the market leads to great inequalities of
wealth and is unable to cope with environmental degradation such
as is caused by industrial pollution.
British
economic superiority was also an aftermath of the defeat of Napoleon, for that had been achieved largely through British mastery of the seas and through the
wealth which «the nation of shop - keepers,»
as the English were derisively called, had accumulated by commerce, both in pre-industrial and in industrial years.
Most importantly, a book with this sub-title should have included arguments that confront the bishops» working presuppositions about poverty and
wealth, the nature of the Christian duty to the poor, and such terms
as «
economic rights,» «redistribution,» and «social justice.»
When we consider our
wealth and
economic practices — even the means we employ to accomplish good ends —
as peripheral to the kingdom, we are ignoring Jesus» warning that it is impossible to serve God and mammon.
IDFA provides a
wealth of comprehensive information about the dairy industry that is not available anywhere else, such
as background on dairy policy issues, food safety guidance and compliance,
economic analyses and market updates, international trade and standards, crisis management, training programs and manuals, directories of members and more.
In 2016 the Prize was awarded to Venezuelan chef María Fernanda Di Giacobbe for her Cacao de Origen project, a network involving education, entrepreneurship, research and development around cocoa
as a source of identity, culture and
economic wealth in Venezuela.
In this process of reconciliation, the country is beginning to understand the importance of placing faith in gastronomy
as a significant tool for the
economic development of those populations where the real
wealth that generates
wealth is found»
-- The Illusion Of
Wealth Within Football» uses a very different methodology to most analysis of football accounts by applying a concept known
as economic profit.
Mr. Doughan said Ghana, after 60 years of independence has failed in its
economic management
as unemployment continues to be a great challenge facing the country in spite of its enormous
wealth.
Insomuch
as haggling and bartering are socio -
economic mechanisms to supplement income (please note that this article does not consider the practice of religious alms giving, the taalibe or the role of marabouts, which could be the subject of its own blog post), an understanding of the production of poverty (and the simultaneous production of
wealth in other territories) is one factor that disproves the idea that haggling, bartering and re-haggling are reflective of the race, ethnic heritage or culture of the individual.
«But we also have to be careful
as a country we don't drive away
wealth creators and the business that are going to lead our
economic recovery,» he added.
In particular, we are considering whether there are equal or similar opportunities to accumulate
wealth in the UK
as well
as whether the outcomes of
wealth inequality cause socio -
economic problems.
So far
as wealth is concerned, Scotland does have substantial oil resources off its coasts, which will continue to provide much
economic activity in parts of the country,
as well
as a stream of tax revenue.
However —
as is also the case with statistics reflecting
wealth and
economic growth — there is a pronounced disparity in the age profile between upstate and downstate areas.
But he insisted that the pursuit of
wealth «is no longer, if it ever was, enough to meet people's deepest hopes and aspirations», adding: «The spirit of our age demands social values
as well
as economic values.»
Meanwhile, the acting Chairman of the
Economic and Financial Crimes Commission, EFCC, Mr Ibrahim Magu has called on Nigerian workers to join in the fight against corruption
as they are the greatest victims of the mismanagement of the nation's
wealth.
He stressed further that the exemplary leadership quality of Comrade Sunmonu actually liberated Nigeria our of
economic recession
as he staged several national protests to recover the nation's
wealths from the hands of fraudulent political demagogues.
He continued, «Thus, the creation of a free market, concealing
economic and geographical borders, would erode the justification for using war
as the quickest avenue to
wealth and power, and lessen its appeal.
«But we also have to be careful
as a country we don't drive away the
wealth creators and the businesses that are going to lead our
economic recovery.»
All those inequities will drive demand to replace a mansion tax with a general
wealth tax but the experience of the British government in the 1970s and European countries today shows that is invariably a messy
economic disaster; the Swedes just abolished their
wealth tax
as a result.
The commissioner urged the monarch - elect to support the present administration,
as well
as use his
wealth of experience to bring about socio -
economic development to his domain and the state in general.
In addition, Michael Hagerty has joined the Saratoga Partnership
as an
economic development specialist, bringing a
wealth of experience
as a municipal grant writer and non-profit administrator.