With the reward reduced, the incentive for pursuing these economically productive activities is reduced.
The government spending that creates the demand for tax revenue soon draws resources away from more productive activities.
These reformed programs would also involve incentives for productive activities that would contribute directly to economic growth and prosperity today.
Tax rate cuts are inherently pro-growth because they increase incentives for productive activities, by enabling producers to keep a higher percentage of what they produce.
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That sharply increases incentives for all of the above productive activities, resulting in more of them, and more jobs, higher wages, and faster economic growth.
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People understand that capitalism is a very effective system to channel human and natural resources and to apply creativity in areas that result in very productive activities.
Many of these commercial and productive activities are new, opened by community members who lost their factory jobs, while, paradoxically, multinational companies such as Avon and Dannon realize new markets in these same neighborhoods.
After the recession left millions jobless, some economists said they hoped that in lieu of work, Americans would spend more time on productive activities, such as volunteering or exercise, said Princeton economist Alan Krueger.
Generally, states that spend less, especially on income transfer programs, and states that tax less, particularly on productive activities, such as working or investing, experience higher growth rates than states that tax and spend more.
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While international trade moves our jobs into more productive activities, takes advantage of our comparative advantage, makes our labor force as a whole more productive, it does not necessarily create more jobs than it destroys in the short term.
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Historically, when that spending has gone towards projects with long productive lives (like roads, bridges or schools), it has worked out, but when the money is used for transfer payments, unneeded infrastructure (as in the case of Japan), or non-productive activities like war, the outcomes are less positive.
On average knowledge workers could regain an hour per day through more productive communication activities.
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Companies figure they can train individuals with both attributes to do any number of productive, wealth-creating activities in the real, working world.
But if the passion is misdirected, employees might be working on the wrong activities and become less productive.
When you have appropriate treatment and stick to your treatment plan, you have a good chance of leading a productive life and functioning well in daily activities.
It fuels speculation and hoarding, as well as misdirects investment into normally uneconomic activities or stops the flow of productive investment altogether as people and businesses clutch their cash.
Inflation is a destructive distorter. it fuels speculation and hoarding, as well as misdirects investment into normally uneconomic activities or stops the flow of productive investment altogether as people and businesses clutch their cash.
Not only were we more productive and engaged when we were brainstorming and strategy planning together, physically, but the in-person teambuilding activities also enabled us to trust and care for each other even more than before.
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