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Discover LudwigExact(11)
Like differences in other prices, pay disparities steer resources — in this case, people — to where they would be most productively employed.
And because savings would be untouched by this surtax, it would help steer resources away from keep-up-with-the-Joneses spending races and into productive investment.
But prices often diverge from cost and value and, in those cases, taxes can actually help steer resources toward more highly valued uses.
Vayupak's critics say a more apt comparison might be Malaysia, where the government tends to steer resources towards favoured firms and businessmen.At the very least, Vayupak's retail fund will compete unfairly with banks and private mutual funds.
"By focusing on administrative costs," he said, "it encouraged donors to steer resources toward organizations pushing everything into the cause rather than investing in people with expertise, new technology and other things that make a nonprofit strong".
In the 1980s and 1990s, successive governments compounded the lack of resources by introducing national funding formulas that steer resources to urban communities where poverty is easily identified, and solutions relatively easily delivered.
Similar(48)
At a time when there are ever greater demands on the department -- and need for more diplomatic missions in the wake of the breakup of the Soviet bloc -- Congress has steered resources away from diplomacy and into law enforcement and counterterrorism operations, analysts said.
A functioning price system induces all participants in the economy to steer their resources toward activities that yield a reward.
Bigger feet among the purveyors of conventional wisdom, like The New York Times' Thomas Friedman, also think the stimulus should steer more resources into the public pedagogy.
Though many former members have long since turned on one another, Howie Morgan, a former Minuteman who ran Gilchrist's congressional campaign, maintains that the group has already done fulfilled its original mission, forcing American politicians to steer more resources into beefing up law enforcement and security at the southern border.
This information can be used to steer project resources – for instance, to provide additional user training.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com