AMERICA's recession was cruel to capital and Labour: both employment and profit margins collapsed.

美国经济的衰退对于资本和劳动力而言是残酷的。就业和利润率双双大幅度下降。

youdao

AMERICA’S recession was cruel to capital and labour: both employment and profit margins collapsed.

对劳动力和资本而言，美国经济的深度跳水是何其残酷。 遥想过去，就业情景一片狼藉，盈利状况惨不忍睹。

youdao

Rather, they thought that they had a structural inability to use capital and labour more efficiently.

他们更倾向于认为，学校有足够的组织能力来驾驭资金和劳动力。

youdao

That would mean taxing capital and labour differently, according to how mobile each is.

ECONOMIST: The prospects for tax reform recede, unfortunately

It could be Catholic guilt, or lingering Marxism (economics textbooks teach pupils about the conflict between capital and labour).

ECONOMIST: Charlemagne

The often-fuzzy line between income from capital and labour means a large gap in relative tax rates breeds tax avoidance.

ECONOMIST: Free exchange: Zero-sum debate | The