I welcome challenges. I like challenges. It gives me a reason to keep going.
In the long run, greater investment would mean greater productivity and income growth.
As the great naturalist Charles Darwin saw clearly, individual and collective interests often coincide, as in the invisible hand narrative. But he also saw that in many other cases, interests at the two levels are squarely in conflict, and that in those cases, individual interests generally trump. That simple observation suggests that market failure is often the result not of insufficient competition (the traditional charge from social critics on the Left), but of the very logic of competition itself.
A flat tax is roughly the same as a sales tax.
The upshot is that to send its children to a school of even average quality, a family must outbid half of other similar families who are pursuing the same goal. And that's become dramatically more expensive because of the growth in median house size, which was in turn caused by higher spending at the top.
Virtually all families in the middle of the earnings distribution aspire to send their children to a school of at least average quality. (We'd think ill of any parent whose aspirations were lower. ) The rub is that the best schools tend to be located in more expensive neighborhoods.
There's no indication that middle-income families feel resentful about the bigger mansions and yachts. But the near-rich, whose social circles intersect those of the rich, are subtly influenced by them.
Trump doesn't understand the counterintelligence process. Take, for example, Carter Page. He's been appearing on television and acting as though the U. S. intelligence community monitoring his activities in Russia and suspicions that he may have been in league with Russian intelligence is an affront.
It's not the case of turning in a bunch of songs and recording the next month. I think you're looking for songs all year long and you're writing all year long.
Words change their meanings, just as organisms evolve. We would impose an enormous burden on our economy if we insisted on payment in cattle every time we identified a bonus as a pecuniary advantage (from the Latin pecus , or cattle, a verbal fossil from a former commercial reality).
Poor people are as much in danger from an inordinate desire towards the wealth of the world as rich from an inordinate delight in it.