That way you can let your money rather than your labor pay your living expenses, since your labor as a source is so time-limited.
FORBES: Opportunity From Adversity: The NFL Bargaining Extension As A Player B-School
Only Miami which has much higher labor and living costs spends more per person on health care.
He also wants to index it to the Consumer Price Index which means automatic adjustments to the cost-of-living (but not to labor conditions), ensuring that inflation cannot take the pressure off or undermine, depending on your ideology the minimum wage level.
Blinded by macro statistics that cover irrelevant government measures such as the mythical "trade deficit, " Bernanke is calling for government oversight of alleged "imbalances" that, if implemented, would lower our standard of living and force us to pursue labor out of necessity rather than the pursuit of work at which we excel.
FORBES: The Fed chairman has no idea what he's talking about.
The dangerous confusion is, as so often in well-meaning economic rule-making, one of mistaking an ideal-utopian labor world (where even unskilled workers make a decent living from the get-go) with the world as it is: one where the value-creation of labor, not utopian ideals, sets the price.
The problem lies in how the U.S. Bureau of Labor Statistics calculates the cost of living.
They want to invest where governments control their spending, investments earn solid aftertax profits, living standards rise rapidly along with consumption, labor is educated and flexible, and regulation is transparent, not secretive.
He not only figured out how expanding trade allows the division of labor, thereby creating wealth and raising living standards, he also realized how hard it is to get people to believe they're better off than their ancestors.
Rinehart seems to lack any sense of just how dimly her fellow-Australians might look upon a multibillionaire arguing that their standard of living should be lowered in pursuit of tax and labor policies that will obviously benefit her.
Too much easy charity, too few markets and no respect for labor or property leaves Haitians with the lowest living standard in the New World.
These three virtues in the fiscal cliff are highly positive and will only increase the pool of available risk-taking capital in the economy, thereby increasing the capital-to-labor ratio and improving the national standard of living.
Even on a level playing field, the relatively high cost of living in a prosperous America, combined with our regulatory and labor laws, will continue to limit the ability of domestic businesses to compete with those of many countries.
What eliminates child labor is not government decree but a rising standard of living.
FORBES: Capitalism In No Way Created Poverty, It Inherited It
We also incorporated Economy.com's business cost index, which looks at labor, tax, energy and office space costs and its living cost index, which factors in housing, transportation, food and other household expenditures.
Generally, we sought communities with a cost of living below the national average, as calculated by the U.S. Bureau of Labor Statistics or other sources.
Then, using data from the Bureau of Labor Statistics and FindTheData.org, we identified areas where the cost of living is no higher than the national average, and often a good deal less.
But the labor of a creating a person, particularly one who is moral and capable of living a meaningful life as Nozick requires, goes further.
FORBES: Women Don't Like Libertarianism Because They Don't Like Libertarianism
The U.S. and world economies urgently need stronger growth, and the adoption of pro-growth economic policies would strengthen incentives to invest in capital and labor over the horizon, paving the way for robust job-creation and higher living standards.
Free trade raises our standard of living, not by adding jobs, but by increasing what Adam Smith called the division and specialization of labor, making jobs more productive.
Most of the labor force is made up of recently released convicts looking for a trade and a chance to earn a living.
应用推荐