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But now, I am prepared to accept that we will all have to be more closely monitored Under this government, British values boil down to economic whoredom, monetary privilege and the bottom line You see brown and black-skinned Britons on Question Time whose views would make Nigel Farage blush How do you measure rekindled imaginations - hope grown in a heap of ashes?
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Their creators couldn't care less whether their monopoly privileges might detract from monetary efficiency and stability.
In economics jargon, this curious phenomenon is called "seigniorial privilege". Some currencies have the monetary function more than others, because of their reliability or whatever, meaning that their issuers can get rich.
America and its western allies must give up exclusive privileges like French leadership of the International Monetary Fund and an American leading the World Bank in return for their trust and cooperation in order to make the system work.
Even though the patent-infringing canola farmer could not benefit from the privilege enshrined in PVP legislation to save the seed, monetary compensation deriving from the infringement was overturned on the grounds that no financial or other benefit was generated by the technology (Phillips [2007], analysing Monsanto vs. Schmeiser).
The attitudes and behaviour of salaried employees and professional workers are acknowledged to be influenced by financial incentives but also financed rewards (i.e. a concession or privilege that has financial implications for the employer – cost – but no direct monetary payment to the recipient).
the term "penalty" includes the imposition by an agency or court of a fine or other punishment; a judgment for monetary damages or equitable relief; or the revocation, suspension, reduction, or denial of a license, privilege, right, grant, or benefit.
Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System.By Barry Eichengreen.
Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System.
His latest is "Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System," due out in January 2011.
The data highlight the presence of two categories of economic measures: a) financial incentives involving a monetary payment (e.g. salary, bonus, fee), and b) financed rewards referring to concessions or privileges that have financial implications for the employer (i.e. cost) but no direct monetary payment to the recipient (e.g. subsidized continuing education, additional leave).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com