When you or I accept dollars in exchange for providing goods and services, we do so trusting that when we spend those dollars, they will be accepted for an equivalent amount of goods and services.
Another Aspen study found that those who were on welfare before becoming entrepreneurs were able to generate enough income on their own that, on average, the amount of public assistance that these entrepreneurs accepted declined by 61 percent between 1988 and 1992.
After calling an impromptu news conference on Friday, the beleaguered minister accepted that there were errors in his work but that did not amount to plagiarism.
The generally accepted multiplier used to figure economic impact for new payroll additions to local economies is 6 to 7 times the amount of the payroll.
The action ruled upon on Wednesday came about because Sir Elton and his companies felt the amount paid by Reid was much less than the sum they had lost - and they had only accepted it because they knew JREL could not afford to pay more.