Erotic capital

The state of long-term expectations I. - rate of investment depends on the relationship between the rate of interest + marginal efficiency of capital -> a relationship between supply price (minimum income necessary to justify investment) and prospective yield - latter concept is influenced by two states of psychological expectation: short-term and long-term expectation, meaning existing facts we know for certain and future events we don’t know for certain (fundamental uncertainty) which will influence

The primary objective of these two books is the sustainable development of private enterprise, and despite fact that they have been in existence for a couple of years since production, the content and key topics remain extremely pertinent to current arguments about sustainability of the environment, and climatic change. The commitment made by the two books is best comprehended by viewing them in connection to the idea of sustainable development. The two books begin by a thought of sustainability

Medical Mission Trip: Lusaka, Zambia Three weeks in Zambia significantly impacted my life and I will be forever grateful for the experiences and people I encountered. During my time in Lusaka working at Beit Cure Hospital I was able to help the medical assistants and nurses clean and take vital signs of the patients in the children’s wing. It was during this time that I truly got to know the patients and their families. One of my favorite memories is that of my time spent with a little boy named

is what allows and facilitates the disequilibria of business cycles. By expanding the currency, malinvestments in capital are generated, which are not productive enough to be maintained (Haney, 681). Having said this, Hayek makes two points here. He talks about "voluntary saving" and enterprisers' anticipation of rising prices. The former is concerned with the changes in capital structure brought about by changes in the volume of money. It is the difference between "voluntary saving" and the

Amory Lovins’ Logic in Natural Capitalism In the first chapter of Natural Capitalism, author Amory Lovins proposes a new method of capitalism that recognizes the importance of natural and human capital in the industrial system. Conventional capitalism places value only on capital that yields financial gain, and ignores the human and natural parts of the equation. Lovins points to this as the reason for many of the environmental, social, and economic problems on our planet today. He

Natural capital is interconnected with human capital in that human capital depends upon natural capital for survival. Human capital relies on clean air, groundwater, surface water, food, soil for crops, minerals from the soil, crops themselves, fuels, fibers, materials to build with, ocean fisheries, climate control and regulation, and so much more. Many of the goods and services provided to humans by natural capital go unnoticed and as a result, natural capital is taken for granted. Additionally

You don’t want to be rich you want to be happy. Many people mistakenly believe that the money leads to the happiness. While it’s definitely true that money can help you achieve your goals, provide for your future, and make life more enjoyable, simply having money doesn’t always guarantee happiness. Through the past several years, research has given us a significantly deeper understanding of the relationship between what we earn and how that correlates with how we feel. Economists have investigated

be distinguished from other orders as it has vertical column and a plain roof. Colonies of south Italy and Sicily have also used it. Doric order is, however, the simplest. Roman Doric is the most common form today. This column consists of around capital which has a narrow neckband. It has a shaft that may be plain or fluted and normally rest on a base. Its entablature is structured to have a distinctive frieze with triglyphs which are an upright projecting grooved panel. This triglyph is normally

sell. When looking in the water, Kino finds a magnificent, shiny, big, and beautiful pearl. However, when going to sell it Kino does not like the prices the pearl buyers will buy it for, so he decides he will cross the sea and the mountains to the Capital. I think what drives Kino through the book is a fear of the amount of money he will earn, being cheated with the value of the pearl, and Juana and Coyotito’s safety from attackers/trackers. To begin, what drives Kino is fear of not getting the correct

4) Criticisms on Porter’s Theory There have been many different reactions towards Porter’s theory on how nations ought to compete. Some responses were validated while others rebutted his theory. Firstly, the positive response will be discussed before focusing on the criticisms of Porter’s theory. Oz (2002) implemented Porter’s Diamond model to analyse the competitive advantage of five Turkish industries and the outcome was favourable and thus validated Porter’s theory. For example, the uncompetitive