Posts Tagged ‘Many People’
Sunday, October 3rd, 2010
Despite the criticisms of monopolies, there are certain industries in which monopoly is the only logical form of organization. The best examples of this are public utilities and services: the public interest would not be served by having a dozen different companies providing gas, water, electricity, telephone service and local public transportation. The situation would be simply chaotic, which is why such industries are sometimes referred to as natural monopolies.
While monopoly is the only logical situation in such industries, there would be dangers in leaving such economic power in the hands of private businesses. As a result, natural monopolies are typically either nationalized (placed under government ownership and operation) or subjected to regulation of their prices. Sometimes their rates (prices) are regulated in such a way to permit the company to earn a certain rate of return on its shareholder’s investment, so as to be fair to both consumers and shareholders.
Many people believe that when natural monopolies are regulated by the government or by a board, these monopolies are therefore subject to control by the public. However, the matter or regulating monopolies is not as quite as simple as that. In order to regulate reasonably the prices to be charged by a natural monopoly, the people responsible for determining the regulations must possess considerable knowledge concerning that industry.
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Related Websites - 3 Hot Tips When Selling a Collectable Coin Coin collecting is something which is enjoyed by people of all ages. It is something which has become more than just a hobby for most people. For many it is a business. This is not to say that everyone knows...
- Are You Sinking In Quicksand? Fear Holding You Back? Fear Is The Leading Cause Of Failure It's doesn't matter what you are doing online, if you don't believe in yourself your vision will never be realized. The first step to overcoming your fear is to admit you have them. ...
- Losing the Republic Sunday Paper - July 4th, 2010 Americans celebrate their independence today in a very different society from the one born in 1776. The beliefs the Founders held most dear, and upon which they built a uniquely free society, are largely...
- Should the USPS Become Its Own Business? America is the home of capitalism. If someone can do the same job for a better price, they're going to come out ahead. Why would anyone spend more for the same service? For a capitalistic nation, we have some weird...
Tags: Auto Dealer, Capital Car, Car Auto, Consumers, Different Companies, Economic Power, Electricity, Gas Water, Government Ownership, Many People, Monopoly, Natural Monopolies, Natural Monopoly, Private Businesses, Public Interest, Public Transportation, Public Utilities, Rate Of Return, Shareholder, Shareholders, Shark, Telephone Service
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Monday, January 25th, 2010
The vast majority of the National Debt is owed to Canadians – those individual Canadians and Canadian financial institutions such as banks, insurance companies, trust companies and pension funds who have bought the government bonds. Many people believe that the National Debt is owed to other countries, so that it represents a claim by foreign creditors on our economy, a claim that could cause Canada to go “bankrupt.” This belief is incorrect, because generally, less than 4 percent of Canada’s National Debt has been owed to foreign creditors.
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- Some Good Corporate Blogs It has become popular for businesses and companies of all types to express interest in creating a business blog so that they can better communicate with other companies, their customers, and a variety of other target markets out there. By...
- Chartology: Historical View of National Debt vs. Federal Tax Brackets Some very interesting chartology from one of my favorite chartist blogs, Dshort.com. As you can see, U.S. National Debt has its peaks and leveling off periods over our country's history (on an inflation adjusted basis), but contrary to what you've...
- Revolving Debt and the Economy I was reading cyncurry's article Personal Debt - Is excessive shopping due to peer pressure? the other day, and she asks a thought-provoking question: is it our moral duty to carry on building debt to keep the economy alive? I...
- 30 Year History Lesson: National Debt Up 14 fold, Economy Up Only 3-4 Fold Sobering words from David Stockman, former Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan. (FYI, this guy is widely considered one of the major, if not the major, architects of Reaganomics.) In 1981 the national...
Tags: Auto Finance, Banks, Belief, Canada, Canadian Financial Institutions, Canadians, Countries, Creditors, Economy, Federal Government, forex, Government Bonds, Insurance, Insurance Companies, Many People, National Debt, Pension Funds, Trust Companies, Winnipeg
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Saturday, September 26th, 2009
The vast majority of the National Debt is owed to Canadians – those individual Canadians and Canadian financial institutions such as banks, insurance companies and pension funds who have bought the government bonds. Many people believe that the National Debt is owed to other countries, so that it represents a claim by foreign creditors on our economy, a claim that could cause Canada to go “bankrupt.” This belief is incorrect, because generally, less than 4 percent of Canada’s National Debt has been owed to foreign creditors.
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Related Websites - Buying Our National Debt I got this email from Randy Johnson, author of the best book I've ever read on the topic of real estate mortages. If you own a home or are thinking of ever buying a home, you need to get How...
- What's Worse than Trillions on the National Debt Clock? Try the Carbon Counter! What could be more eye opening than the National Debt Clock with a few trillion dollars up for display? Try the new Carbon Counter courtesy of Deutsche Bank. According to Deutsche Bank's website: The Carbon Counter displays the running total...
- Getting Out of Debt Quickly pt 1 You are probably familiar with this feeling: Your bills are constantly piling up, but you feel so far behind that you simply cannot bear to even open them. When you do open them, you quickly realize that there is only...
- Things to Have Removed from your Credit Report pt 2 Continued from part 1. 3 - Charge Offs. When you do not pay off a credit card account or a loan account for a period of three to six months, your creditors are generally going to assume that your account...
Tags: Banks, Belief, Canada, Canadian Financial Institutions, Canadians, Condos For Sale, Countries, Creditors, Economy, Federal Government, forex, Government Bonds, Insurance, Insurance Companies, Many People, National Debt, Pension Funds, Winnipeg
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Saturday, September 5th, 2009
Often, when the economy is sluggish and unemployment is high, much attention is given to government efforts to “create jobs.” Many people believe that this simply means direct government hiring of unemployed people, often for “make-work” programs (“digging holes and filling them up again”).
In fact, “creating jobs” is a much more positive concept than this – it refers to government efforts to stimulate the whole economy (through budget deficits), rather than merely hiring the unemployed to do work of little value. For example, tax cuts increase consumer spending, which stimulates many industries. Also, the effects of government spending (such as on a public works project) will spread, via the multiplier effect, through the economy, increasing consumer spending, too. Also, by generating a more favorable economic climate, these efforts by the government can result in increased business investment spending. Thus, the effects of budget deficits designed to stimulate employment will be felt all through the economy, from the toy industry to the construction industry – not merely in the hiring of the unemployed by the government.
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Related Websites - Phillipines Poised to Become First-Class Economy by 2020 The Philippines, which is officially known as the Republic of the Philippines, is located in Southeast Asia. It comprises 3 big islands, namely: Luzon, Visayas and Mindanao. Because of its geographic location, a variety of crops can be produced. The...
- How To Make Money Online Series Making Money Online as A Virtual Assistant or Customer Service Rep Series Article 18 A Virtual Assistant, or VA, is a skilled professional who provides administrative support and other specialized services to businesses, entrepreneurs, executives, and others who have more...
- Tips To Survive The Credit Crunch Today's article is written by guest blogger Trisha Wagner. Does the economy have you feeling down? It takes a boat load of positive attitude to look at the current credit crunch and not feel a bit of apprehension regarding your...
- Financing the Unemployed Networkers Congress is debating yet another extension of unemployment benefits because thousands are losing theirs. Democrats want to pay to for it by maintaining an extra tax on employers that was supposed to be temporary. In short, more tax and spend....
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