The way our traditional debt - based
economic systems work, inflation is almost inherent in the design.
The models being employed treat these dimensions of the economic problem as «externalities,» but they are central to how
the economic system works in practice.
Personally, I see «Atlas Shrugged» as drawing contrasts and parallells between the United States and the Soviet Union and explaining why one
economic system works and one does not.
In our survey of the labor force, only 11 percent said they understand «very well» how
our economic system works, and even among those who said they had thought a great deal about their responsibility to the poor only 18 percent said they understand it very well.
Economists benefit (people want to learn more about how
our economic system works when it is booming).
Not exact matches
Furthermore, it is important that we not get too distracted by the stimulus debate and
work together to promote an agenda for long - term
economic growth for the country, which should include reform of a tax
system that has grown out of control, finalizing trade agreements, kickstart a lagging regulatory harmonization agenda and ensuring young Canadians have the skills to compete in a global market place.
But if this case sets a precedent for how Trump's
economic policies are going to
work, it heralds a dangerous shift from an
economic system based on rules toward an
economic system based on deals.
They are capitalists, one and all, and their
work — and the
economic system in which that
work flourishes — has value far beyond whatever the hottest label might be.
This wide - ranging
work not only evaluates the overarching political and
economic framework of the medical
system but also provides rich narrative detail, examining the political dramas, corporate maneuverings, and forceful personalities that created American health care as we know it.
Some researchers argue that it is impossible to determine when a contractor is truly
working for a company during the times when the worker is waiting to pick up a ride, because the driver could be using two applications at once or attending to personal business.100 However, as noted in a 2016 report by the
Economic Policy Institute, both Uber and Lyft already have guaranteed pay plans that they use in some markets during certain hours that pay workers guaranteed minimum earnings per hour based on their entire time logged into the
system, including waiting times.101
It is fundamental to the way the growth model
works, and we have arrived at the stage, probably described most imaginatively by Hyman Minsky in his
work on balance sheets, in which the
system requires an acceleration in credit growth simply to maintain existing levels of
economic activity.
Workforce development: BanQu creates a 360
economic profile for individuals and businesses, including trainings, cash for
work programs, conditional cash transfers, employment history, and referral
systems through trust networks.
The United States Federal Reserve
System works similarly to central banks in many other countries, with a goal of managing
economic growth, inflation, and other
economic factors through monetary policy.
Secondly, higher leverage means that negative shocks to income are more likely to be amplified as they
work their way through the
economic system.
The status quo, in all its various forms, is dominated by incentives that strengthen the centralization of wealth and power.As longtime readers know, my
work aims to 1) explain why the status quo — the socio -
economic - political
system we inhabit — ... [Read More]
Cohen said the
economic assumptions underpinning the
system were «laughable» and ignore hundreds of years of understanding about how currencies
work.
Free Banking on a Bitcoin Standard — The author has a nice description of our current monetary
system and how
economic expansion
works in our capitalist structure.
Our organization believes that the market
system is the only
system that
works effectively in the allocation of scarce
economic resources for efficient and stable
economic growth and job creation.
«We clearly have a global
economic system that allows this to happen,» Eldebo said, «We need to look beyond the numbers at what the actual consequence is for this because what we're seeing from our
work is clearly we have 3 billion people who have very little.
The road to such a society is the creation of an
economic system in which «every
working person would be an active and responsible participant, where
work would be attractive and meaningful,» where every worker would participate in management and decision - making.
If we are giving significantly of our own money to combat hunger or poverty or injustice we are very likely to become interested enough in these efforts to invest some time and energy in them, to
work with individuals and to become involved in policy debates and to confront the
economic system.
The Jeffersonian hope for America was a society where the freedom of each person and family was reinforced by their possessing and
working a small plot of land, giving them at least partial independence from the larger
economic system.
Nor can you carve decrepit and decayed character into any
economic system or scheme of government that will
work happiness for men.
When our
economic system is based on the incentive of material reward, and
works well because of this, it also brings a great spiritual danger.
g) In this sense, it is right to speak of a struggle against an
economic system, if the latter is understood as a method of upholding the absolute predominance of capital, the possession of the means of production and of the land, in contrast to the free and personal nature of human
work.
There I took an active part in
work for Christian Aid and in the beginnings of what has become the World Development Movement — for poverty requires structural change to our
economic and political
systems as well as generous giving.
The leadership, by contrast, repudiated for theological and moral reasons much of the emerging mass culture, the
economic system, and many of the
works — particularly military adventures — of the
system's political leaders.
After we see what the biblical foundations are, the primary matters to examine will be the Christian view of property,
work and vocation, and some principles of
economic justice by which a Christian may be guided amid current conflicting
systems.
World -
system theory, for example, has argued that
economic cycles, called Kondrotieff waves, lasting approximately fifty years each, can be identified over and above whatever secular
economic trends may be at
work.
The
economic system is built around the very content, shape and outcome of
work.
If those elements of the population for whom crime is an acceptable alternative grow to any sizable percentage because of
economic privation or because of prejudice, or if these alienated groups are prevented from finding a way to
work within the
system, then the whole society will be reduced very quickly to choosing between living in a police state or living in anarchy.
In a general sense, one can speak of four areas of struggle: (i) the
system of
economic exploitation and social stratification (racial segregation, women's
working conditions, unemployment and the new legislation of «flexibility and «deregulation); (ii) the ideology (the way of representing the world, social relations, etc.) that justifies the
system — the new ideologies of race superiority, the religious legitimation of competition and the so - called free market as the only and sufficient way of organizing human life (iii) the ways in which the consciousness of the oppressed, is led to interject this ideology of domination and to develop a feeling of self - denial and self - devaluation; (iv) the atomization of the society through the weakening and destruction of neighborhood, workers and local cultural manifestations.
Hence, part of the task of white process theologians is to complement the
work of Black (and other liberation) theologies by engaging in theory - critique and proposing alternative directions for global
economic systems.
Even though resistance takes many different forms (against the MAI, towards a jubilee year in 2000, for the Tobin tax, seeking alternatives, etc.), and even if the struggles are specific in their aims (farmers, workers, indigenous or coloured people, citizens, ecologists or women, the urban poor, etc.) and though the various co-ordination groups are numerous (Peoples Power for the XXI Century in Asia, São Paulo Forum in Latin America, etc.), all of these have a common thread: they all
work to highlight the unacceptable nature of the current
economic system.
Our betting
systems work on proven
economic principles and produce consistent winning results across all sports.
These
systems of knowledge about the function of parliament seem to be better informed than attending to the minutae of either side of the house, neither of which represents the
economic interests in
work of the majority of voters.
In accepting this responsibility on behalf of his colleagues, Speaker Heastie has stepped forward at an incredibly important time for New York as a whole, and I look forward to
working with him to enact an aggressive agenda that ensures
economic opportunity for all, improves and reforms our education
system, ensures justice in perception and in reality, and restores trust in our government.»
Labour leader Jeremy Corbyn issued a lengthy statement suggesting that Trump's win echoed his own as a reaction against «a political establishment and an
economic system that simply isn't
working for most people.»
This should include formalised
working with code
system operators to share investment in infrastructure so that pooled demand can create
economic justification for fibre provision to remote areas.»
Bulgaria and Romania were granted accession earlier this year despite concerns over the transparency of their legal
systems, but the biggest worry among existing members is the expected flood of
economic migrants seeking
work within their borders.
However, this Keynesian effect of
economic stimulation only
works on a large scale; within smaller
economic units,
economic stimulation may not
work because money can more easily flow out of the
system.
«So what we're saying is that lasting solutions to the climate crisis that we're seeing and to the
economic crisis... lasting solutions are our only hope for building a humane
economic system because we need to close deep inequalities and we need to generate plentiful
work,» Rozum said.
But, they added: «Trump's election is an unmistakable rejection of a political establishment and an
economic system that simply isn't
working for most people.
The State shall enforce the self - financing
system in
economic management to meet the requirements of the Taean
work system and make proper use of such
economic levers as cost, price and profit.
While middle and
working class Americans have been devastated by Great Recession, the wealthiest have done just fine, while their tax burden remains the lowest it's been in over 40 years.The last few months have seen the emergence of a counter-narrative which focuses attention on
economic inequality and a tax
system in New York State out of kilter with notions of fairness and equality.
«the compensation
system for federal judges in the United States creates a very powerful
economic incentive to retire at a reasonable retirement age by virtue of how the defined benefit pension plan
works, that most judges assent to not long after reaching that age.»
But, the compensation
system for federal judges in the United States creates a very powerful
economic incentive to retire at a reasonable retirement age by virtue of how the defined benefit pension plan
works, that most judges assent to not long after reaching that age.
Referring to the «marketplace» of residential children's homes, Gove explained: «We are
working with competition experts and
economic regulators, as well as private and local authority providers, to improve the commissioning
system in this market.»
When the funding of congestion pricing was to rebuild the mass transit
system which people who are poor, from minority communities that have been dispossessed in terms of their abilities to get to
work, that was the funding to create
economic equality in terms of transportation.»
«This journey has also reinforced and reminded me what I'm most passionate about: a health care
system and a state financial and
economic system that
works for everyone,» Lembo said.