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If education is viewed not simply as a consumption good but as investment good in relation to the labour market, it would appear appropriate to measure educational attainment in relative terms.
David Rosenberg, chief economist at Gluskin Sheff, a wealth management firm, said anyone buying a second home should think of it as a consumption good and not an investment.
"Marasmus," which Dr. Johnson's Dictionary of 1755 defines as "a consumption, in which persons waste much of their substance," joins company in these letters with "quiptificates," "faex," "gress," and "desquamation" — Beckett was fond of the Latinate and the technical — as well as with more gracious inventions, such as "eyedew" for tears, or "daymare" for his waking life.
A flat tax would not eliminate the need for spending control; it would not deal with the impending financial distress of Social Security and Medicare; it would not even settle the arguments about the so-called consumption tax (since in principle a flat tax could take as its base either all income, or income net of savings, in which case it would act as a consumption tax).
As a consumption device, it is probably very good.
Most users, says Costolo, don't Tweet at all, but rather use Twitter as a consumption media.
Similar(37)
Income operates as a consumption-limiting factor, which exerts a decisive influence on the manifest demand for health-related goods and services on the secondary healthcare market [19].
Tobacco consumption was defined as a lifelong consumption of an equivalent of at least 100 cigarettes.
As seen from Figure 1, vitamin A consumption (as a proxy for multivitamin supplementation) differed considerably from folic acid supplementation.
"They should take actions that make their product cleaner and better for people who use Facebook as a news consumption tool".
As a result, consumption became tuberculosis — not a curse, not a character weakness, but a disease.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com