The more people around the more wealthy we become. The more wealthy we become the more people we should want around. PRAGERU.COM The Myth of Overpopulation | PragerU
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“Struggle is the indispensable accompaniment of progress. If men were entirely social, man would stagnate. A certain alloy of individualism and competition is required to make the human species survive and grow. Without qualities of an unsocial kind men might have led an Arcadian shepherd life in complete harmony, contentment, and mutual love. But in that case all their talents would have forever remained hidden in their germ.” - Emmanuel Kant
Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed. PART 9 The Real Economy in the Long Run Chapter 25 of 36 Production and Growth Section 16 of 23 … Things government can promote and strengthen to increase productivity and living standards include 1· saving and investment 2· investment from abroad 3· education 4· health and nutrition 5· property rights and political stability 6· free trade 7· research and development 8· population growth … 5· Property rights and political stability An important requirement for the economy to work is respect for property rights. Production in market economies results from interactions of millions of individuals and firms. When you buy a car, you are buying the output of these and more · a car dealer · a car manufacturer · a steel company · an iron ore mining company This division of production allows the economy's factors of production to be used as efficiently and effectively as possible. … Property rights are the ability
“All experience has shown mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed.” - Thomas Jefferson “Wherever good fortune enters, envy lays siege and attacks it. And when it departs, sorrow and repentance remain behind.” - Leonardo da Vinci
Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed. PART 9 The Real Economy in the Long Run Chapter 25 of 36 Production and Growth Section 15 of 23 … Things government can promote and strengthen to increase productivity and living standards include: 1· saving and investment 2· investment from abroad 3· education 4· health and nutrition 5· property rights and political stability 6· free trade 7· research and development 8· population growth … 4· health and nutrition Another way to increase human capital is expenditures that help improve population health. Healthier workers are more productive thereby raising the nation’s living standards. Economic historian Robert Fogel has estimated in Great Britain in 1780 about 20% of the population were so malnourished they could not do manual labor. Among those who could work malnutrition substantially reduced the amount of labor they could do. As nutrition improved so did workers' ability to work and productivity. … Pa
“The world we see that seems so insane is the result of a belief system that is not working. To perceive the world differently, we must be willing to change our belief system, let the past slip away, expand our sense of now, and dissolve the fear in our minds.” -William James (Byrds Song Change Is Now)
Got this today, doesn’t say what was false and none of my posts are flagged nor deleted. Would like to know what information was false, check out and correct. Not confident it was false and don’t want to see evidence is actually true? Opinion/philosophy miscontrued as false statement? This is spam? Ignore and delete? Not able to reply. Will continue to post copies at Blogger. https://scotawick.blogspot.com/
Advantages and Disadvantages of a Private Company Going Public Mostly from article What Are the Advantages and Disadvantages of a Company Going Public? First watch this short video “The Pros and Cons of A Company Going Public” within the article (advertisement goes away after 15 seconds): https://www.investopedia.com/.../advantages.../ An initial public offering (IPO) is the first sale of stock by a private company, thereby becoming a public corporation. Private companies wanting to grow their company often use an IPO as a way to generate the capital (investment money) needed to expand. … Before deciding whether or not to go public through an IPO a private company must evaluate all of the potential advantages and disadvantages. The decision is usually made during initial talks with the investment bank the company has hired, which receives a consultation fee if the private company declines to become a public corporation. … The main advantage for the company is as a public corporation
Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed. PART 9 The Real Economy in the Long Run Chapter 25 of 36 Production and Growth Section 14 of 23 … (This article here in chapter) Brazil Pays Parents to Help Poor Be Pupils, Not Wage Earners - By Celia W. Dugger Vandelson Andrade, 13, often used to skip school to work 12-hour days on the small, graceful fishing boats that sail from the picturesque harbor here. His meager earnings helped pay for rice and beans for his desperately poor family. But this year he qualified for a small monthly cash payment from the government his mother receives on the condition he shows up in the classroom. "I can't skip school anymore," said Vandelson, whose hand-me-down pants were so big the crotch ended at his knees and the legs bunched up around his ankles. "If I miss one more day, my mother won't get the money." This year, Vandelson will finally pass the fourth grade on his third try - a small victo
From The Big Picture: On the Origins of Life, Meaning, and the Universe Itself. Sean Carroll. 2016. Kindle online sample. Section 2. The pressing, human questions we have about our lives depend directly on our attitudes toward the universe at a deeper level. For many people, those attitudes are adopted rather informally from the surrounding culture, rather than arising out of rigorous personal reflection. Each new generation of people doesn’t invent the rules of living from scratch. We inherit ideas and values that have evolved over vast stretches of time. At the moment, THE DOMINANT IMAGE OF THE WORLD REMAINS ONE IN WHICH HUMAN LIFE IS COSMICALLY SPECIAL AND SIGNIFICANT, something more than mere matter in motion. … We need to do better at reconciling how we talk about life’s meaning with what we know about the scientific image of our universe. Among people who acknowledge the scientific basis of reality, there is often a conviction—usually left implicit—that all of that philosophica
Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed. PART 9 The Real Economy in the Long Run Chapter 25 of 36 Production and Growth Section 13 of 23 … Things government can promote and strengthen to increase productivity and living standards include: 1· saving and investment 2· investment from abroad 3· education 4· health and nutrition 5· property rights and political stability 6· free trade 7· research and development 8· population growth … 3· education Education is an investment in human capital. It is at least as important as physical capital investment for a country's economic success. In the United States, historically each year of school has raised a person's wage by a ten percent average. In less developed countries human capital is especially scarce. The difference in wages between educated and uneducated workers within the country is larger than within developed countries. … Government policy can enhance a country’s standard of living by provid