Taxes And Its Objectives
.... 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 flat tax eliminates all loopholes and tax breaks. It ends the taxation of investment income and puts everyone on the same level. Under the Armey-Shelby proposal, individuals, the income from wages, salaries, and pensions is taxed. Individual taxpayers add up income from these and then deduct generous personal exemptions. What .....
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The Nature Of Imperialism
.... 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. They represent a voice against this system, but the ambiguous nature of Imperialism causes these authors to build hatred indirectly. and over time.
Kincaid describes Imperialism vividly and explains how England was their country, not hers by metaphorically showing the reader a picture of her looking in on the English:
If n .....
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Looking Ahead: The Future Of Post Keynesian Economics
.... 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 of this a difference needs to be made between uncertainty and risk where uncertainty is the general case and risk the particular. The real world economic system that entrepreneurs and consumers face is not a system that can be statistically controlled by probability theory or predicted by future outcomes of variables dete .....
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Productivity On The Rise
.... 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 the Welfare-to-Work program is working. According to the figures made public recently by the United States Department of Health and Human Services, Louisiana is one of the most successful states. Since the instatement of the federal welfare law in 1996, Louisiana’s welfare caseload declined by 46 percent. The decline of recip .....
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Adam Smith: Conceptions Of Value
.... 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 - interest are connected. To have good morals one must decide what is best for not only themselves but for others also.
One concern, which was valuable to Smith, was happiness. The two basic ways he thought happiness was achieved was through economics and morality. Self-interest is the primary path that leads to happiness. In u .....
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U.S. Wage Trends
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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 to grow the economy,” M. B. Zuckerman. My feeling is that the trend from unskilled labor to highly technical, skilled labor is a good one! But, political action must be taken to ensure that this societal evolution is beneficial to all of us. “Back in 1970, a high school diploma could still be a ticket to the middle income .....
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The Asian Financial Crisis
.... 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 that Japan is plans a bank-bailout plan worth $573.7 billion. The US and Japan announced proposals to pump an additional $10 billion into troubled Asian economies. Japan is also lowering interest loans to help troubled Asian countries. The loans will be far project such as roads, bridges, power stations and airports, this wi .....
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China's Economy Evolution
.... 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 shared by all economists, "some economists regard this approach as self-defeating (Murphy, Schleifer, and Vishny 1992)". "China's average annual rate of GDP growth has been miraculous since the beginning of the transition (Lin 1996)", and is the most successful of the transition economies. Nonetheless, the Chinese economy ha .....
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Justification Study Of Automation At Douglas Electronics Company
.... 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 completion of the project. Two workers will be relocated to other parts of the manufacturing firm to ease our increasing need for qualified workers.
SUBJECT: JUSTIFICATION OF THREE ROBOTS
The following is a proposal to purchase three Robots to replace the final hand assembly of our tape recorder in the plant. I have used, .....
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Monopolization And Its Implication On A World Scale
.... 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 from the left-wing point of view, as "imperialism").
The two prevalent schools of economic thought, the left wing (socialist) and the right wing (libertarian, "laissez fare" capitalists ...), have entirely different view on the matter of monopolization of capital.
While the socialist, especially those of the Marxist .....
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US Policy On Isolation
.... 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 Rebellion gave the government a new unspoken power among the nation, telling the populace that it would not stand for revolts and rebellions. In this manner, Thomas Jefferson took a stand in implementing his Embargo Act, to keep products and manufacturing within the U.S., hoping it could end the threats of war, and keep all .....
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Genetech
.... 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 clinical trials which are designed to examine the safety of the drug. The drug is administered to human participants who are closely scrutinized for the smallest indication of harm caused by the medicine. Further trials and development cannot take place unless Phase I trials show the drug to be safe. Genentech is currently pl .....
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