Taxes And Its Objectives
.... growth. While most taxes are distorting and entail some loss of welfare, a growth-promoting tax system is one that exercises the least distorting effects on work effort and the quantity and allocation of investment and saving, minimizes reliance on scarce administrative resources and demands on taxpayers' compliance.
The Armey-Shelby flat tax is a proposal that would replace the corporation and personal income. The Armey-Shelby flat tax proposal follows each of the principles of a flat tax. A fla .....
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The Nature Of Imperialism
.... ways than those of a tyrannical government. Kincaid and Orwell show a common realization of this a certain points in their live. Swift on the other hand, show a realization in a way to speak out against England’s control. They realize it only after time and it comes in the form of cultural, economic and social domination by their oppressors. All three writers are relating experiences of oppression and domination by the Imperialistic England on three different countries in three different times. T .....
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Looking Ahead: The Future Of Post Keynesian Economics
.... fundamental features of post Keynesian economics. The first feature is that the primary goal of post Keynesian economics is to understand the nature of the capitalist system and to develop a practical understanding of how to deal with economic problems in the present-day world. The second is that the future is uncertain and the past is immutable.
From Chapter 12 of Keynes's General Theory, situations of uncertainty cannot be adequately modeled in terms of probability distributions and because .....
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Productivity On The Rise
.... obtainable goals, and eliminates the long-term welfare recipient. A person may only receive welfare for a maximum of twenty-four months, but not necessarily a consecutive twenty-four months. Welfare participants of the Welfare-to-Work program enroll in job training courses that fit their personal skills and receive help in job placement. Once they are in these jobs, the recipients’ opportunities to move up and on with their lives are infinite.
The decline in the number of welfare cases show that th .....
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Adam Smith: Conceptions Of Value
.... no living being has a choice of the way it behaves. No one can predict the future for the present state of all matter is unknown. This is one reason he focused on morality.
The way in which one behaves suggests their morals. Morality is primarily concerned with attempting to define what is good for the individual and also the society.
If the good is known, the obligation to pursue it becomes evident. People must decide in each new situation what their duties are. Morality and self - inter .....
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U.S. Wage Trends
.... “There is clear evidence that the supply of workers in the [unskilled labor] categories already exceeds the demand for their services,” says L. Mishel, Research Director of Welfare Reform Network.
In view of these facts, I wonder if these trends are good or bad for society. “The danger of the information age is that while in the short run it may be cheaper to replace workers with technology, in the long run it is potentially self-destructive because there will not be enough purchasing power .....
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The Asian Financial Crisis
.... like Lockheed Martin, Raytheon Systems and Boeing.
The US trade deficit surged to a record $16.8 billion in August and now overseas sales of American farm products hit their lowest point in more than four years. The cause of all of this is too much borrowed money and too much corruption. It’s also affecting steel factories and Washington apple growers. Despite all this the US economy is steaming ahead.
The actions that are being taken to deal with what is taking place in Asia and America is t .....
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China's Economy Evolution
.... Thus, the reform movement of the 1980's takes its place among the broad spectrum of Chinese history. As with previous reform movements, history will measure the success of these reforms.
China's transition from a planned economy to a market economy began at the end of 1978. When China started the process, the government did not have a well-designed blueprint. The approach to reform has been characterized by some to be piecemeal, partial, and often times experimental. This view however has not been .....
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Justification Study Of Automation At Douglas Electronics Company
.... of the product by approximately 140 % in the same time frame that we are currently operating.
The analysis shows that the operation will take three robots to do the required task in the shortest amount of time. The whole work cell will be designed so that the assembly line will be both continuous and synchronized. I am assured that the floor space now available will be more than adequate and could even be reduced by approximately 50 % of the space now allocated to production, upon completi .....
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Monopolization And Its Implication On A World Scale
.... colonies (imperialism).
This being the case, though imperialism is primarily considered a political phenomenon by bourgeoises economists, socialists have cooked deeper into the matter and "unveiled" the economic character of imperialism and it's apparent contradictions (this will be dealt with later, as well as an overview of the historic contradictions, economic intricacies and ethical realities of imperialism. It should also be stated, that the term monopoly, "monopolization" will be dealt with .....
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US Policy On Isolation
.... would not work for the union, and facing many rebellions because of taxes and depreciating paper note value, the U.S. began on a task that would remain a difficult one for the next 40 years. They set out on a task to create a Constitution which would provide the nation with wealth, and the ability to protect it's people.
The public debt was very high, and Alexander Hamilton set out to rid the nation of this debt. With a duty on domestically produced whiskey, avid alcoholics revolted. The Whiskey .....
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Genetech
.... at a timeline of events for Genentech would show that FDA (Food & Drug Administration) approvals for lifesaving drugs took a lengthy amount of time. The FDA gives approval to market the products in the United States (other countries have analogous regulatory agencies). Genentech received over 15 FDA approvals from 1985 to 1999. FDA approval is based on the official data resulting from Genentech’s clinical trial system. The system is divided into three phases (refer to Products). The first is Phase I cl .....
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Britain And Joining The Economic And Monetary Union
.... British perspective, and the choice for Britain.
ARGUMENTS 'AGAINST' THE UK JOINING THE EMU
TRANSITIONAL COSTS
The most significant economic cost involved in the transition to the EMU will be the expense and dislocation involved in replacing national currencies with the Euro. The UK decimalization in 1971 took almost 5 years to complete, yet this involved a change in only one currency compared with up to 15 if the EMU goes ahead. Apart from producing and distributing the new currency, IT sys .....
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Glass Ceiling In Corporate America
.... a concept that betrays America's most cherished principles. The glass ceiling is the unseen, yet unbroken artificial barriers based on attitudinal or organizational bias that keeps minorities and women from advancing to the upper realm of the corporate ladder, regardless of their qualifications or achievements. These artificial barriers in the work place are experienced by African-Americans, persons with disabilities, Native Americans, Latinos/Hispanics, Asian Pacific Islander Americans, employees in low .....
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Types Of Employment Contracts
.... include such provisions.
Cost plus fixed fee contract:
A cost-plus-fixed-fee contract is a cost-reimbursement contract that provides for payment to the contractor of a negotiated fee that is fixed at the inception of the contract. The fixed fee does not vary with actual cost, but may be adjusted as a result of changes in the work to be performed under the contract. This contract type permits contracting for efforts that might otherwise present too great a risk to contractors, but it provides the c .....
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